Venice, CA 90291,2001 Penmar AVE
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Venice, CA 90291,2001 Penmar AVE

$3,300,000

Est. payment /mo

$3,500,000

5.7%
Est.Price: ?

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2001 Penmar AVE Venice, CA 90291

7,469 SqFt

SOLD DATE : 01/14/2022

Key Details

Sold Price $3,300,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,469 sqft

Price per Sqft $441

MLS Listing ID 21772840

Sold Date 01/14/22

HOA Y/N No

Year Built 1962

Lot Size 10,367 Sqft

Acres 0.238

Property Description

This 11 unit property consists of 1-B+1, 1-S+1, 5-1+1, and 4-2+1 units and is located in the Venice area of Los Angeles. The property is fully occupied and subject to Rent Control. There is significant upside in the rents which will allow an investor consistent increases to cash flow. The property is gated, has a pool, and sits on a large lot of 10,366 square feet (LARD3). There are five tandem parking spaces and three single spaces. Inspection with accepted offer only. All financial information is estimated. The property is being sold as is. The Buyer shall conduct their own due diligence in regards to the property characteristics and suitability as the listing agent has not personally verified the property characteristics.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD3

Interior

Cooling None

Fireplace No

Exterior

Garage Carport

Pool InGround

Parking Type Carport

Total Parking Spaces 13

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 4242009011

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Chris Weerts • Weerts Real Estate Inc.
Bought with Michael Monempour • Kidder Mathews of California, Inc.

Jacqueline Screeton

Agent | License ID: 01858560

+1(949) 395-4732

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