Venice, CA 90291,21 S Venice BLVD
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Venice, CA 90291,21 S Venice BLVD
Venice, CA 90291,21 S Venice BLVD
Venice, CA 90291,21 S Venice BLVD
Venice, CA 90291,21 S Venice BLVD

$3,460,000

Est. payment /mo

$3,595,000

3.8%
Est.Price: ?

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21 S Venice BLVD Venice, CA 90291

3,567 SqFt

SOLD DATE : 01/06/2022

Key Details

Sold Price $3,460,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,567 sqft

Price per Sqft $970

MLS Listing ID 21776210

Sold Date 01/06/22

HOA Y/N No

Year Built 1964

Lot Size 3,959 Sqft

Acres 0.0909

Property Description

Trophy Silicon Beach 6 unit building 100 yards from the famed Venice Beach. Consists of 5 x 1 Bd 1ba units and 1 studio. All units are remodeled and delivered fully furnished. All units are being rented for 30 day or more rentals and can be delivered vacant by close. Located by famed Venice Boardwalk and vibrant Abbot Kinney shops and famous Venice surfing beach. 5 parking spaces and secured building with private courtyard area. Current gross income of $208,800 yearly. Property is under LA rent control. Cap rate 4.2 GRM 17 at current rents. Cap 4.6 and GRM 16 at Market rents. Great upside potential. Drive by only and inside w/accepted offer.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LAR3

Interior

Heating WallFurnace

Cooling None

Fireplace No

Appliance Dishwasher

Exterior

Garage Uncovered

Parking Type Uncovered

Total Parking Spaces 5

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 4226014010

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by James Allan • Compass
Bought with James Allan • Compass

Jacqueline Screeton

Agent | License ID: 01858560

+1(949) 395-4732

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