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712 6th Avenue , #1

Venice, CA 90291
  • $2,500,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: DW22156412
Price Reduced
UPDATED: 40 min ago
$2,500,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:
Area:

School Ratings & Info

Listing Agent(s): Julio Midolo of Remax Sky (800-406-4106)


Description

Ocean breeze, many amazing restaurants, and shops is only the beginning for this amazing three unit home. Live in one, rent the rest, this property is an amazing opportunity for owner/user or developer. This property has tremendous upside potential and is ready for you. With beautiful southern California weather, and a walk, jog, or bike ride away to the famous Venice beach. Two of the three units will be delivered vacant. Ask your agent about the third unit. The down stairs unit features 3 bedrooms, 2 bathrooms, tile, laminate flooring, recces lights, and a second story featuring a master bedroom. The second unit features two bedrooms, one bath, recces lights, and was recently remodeled a few years ago. Unit number three features three bedrooms, and one bath and also features a balcony. This property will be ready for you to increase your portfolio revenue as two of the three units will be delivered vacant. This property has a tremendous back yard that is currently being used for parking. Schedule a tour today and lets get you into escrow.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-14T11:27:45.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.
www.livelovebeachcities.com/homes/130967888
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712 6th Avenue , #1 Venice, CA 90291

  • Price: $2,500,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 40 min ago
  • ID#: DW22156412
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1953
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
Ocean breeze, many amazing restaurants, and shops is only the beginning for this amazing three unit home. Live in one, rent the rest, this property is an amazing opportunity for owner/user or developer. This property has tremendous upside potential and is ready for you. With beautiful southern California weather, and a walk, jog, or bike ride away to the famous Venice beach. Two of the three units will be delivered vacant. Ask your agent about the third unit. The down stairs unit features 3 bedrooms, 2 bathrooms, tile, laminate flooring, recces lights, and a second story featuring a master bedroom. The second unit features two bedrooms, one bath, recces lights, and was recently remodeled a few years ago. Unit number three features three bedrooms, and one bath and also features a balcony. This property will be ready for you to increase your portfolio revenue as two of the three units will be delivered vacant. This property has a tremendous back yard that is currently being used for parking. Schedule a tour today and lets get you into escrow.
Exterior Features

Lot Features 2-5 Units/AcreFront Yard Number Of Separate Electric Meters 3 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 2+ Common Walls Fireplace Features KitchenLiving Room Fireplace YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSidewalksWater Sports Contingency 2 Of The Three Units Will Be Delivered Vacant. Owner Occupied Unit May Have To Rent Back While He Finds Replacement Home. The Third Unit is Currently Under EvictionAnd Seller is Hopeful To Also Deliver Third Unit Vacant. Current Financing Conventional Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 102000 Insurance Expense 3000 Land Lease YN No Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFha Net Operating Income 99000 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 3000 Possession See Remarks Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Notice Of Default Tenant Pays ElectricityGas Trash Expense 0 Utilities Electricity AvailableNatural Gas AvailableSewer ConnectedWater Available Water Sewer Expense 3000 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-14T11:27:45.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.
 
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Bathurst Coastal Properties | Compass
2141 Rosecrans Ave, Suite 1120
El Segundo CA, 12345
Listing Agent(s): Julio Midolo of Remax Sky (800-406-4106)