Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high

22 Park Avenue . Venice , CA 90291

For sale 6 units apartment building in Venice beach, Los Angels, California. For more information contact the listing agent, Glen Scher 818-212-2808 Glen.Scher@marcusmillichap.com

Posted: 10/27/2021 12:35 pm | On HOMEiZ: 922 days | Updated: 2 years ago | Views: 416

Location Map

Property Type

Sold

Property Price

$5000000
$5000000
10/28/2021
4,211.00 Sq. Ft.
$1105
4526
Contact listing agent%
4.00%
$0
$200000
16.74
$0
1.25%
$62500

Property Location & Description

For sale 6 units apartment building in Venice beach, Los Angels, California. For more information contact the listing agent, Glen Scher 818-212-2808 Glen.Scher@marcusmillichap.com
Rent Control
This 6-unit multifamily property was built in 1904 and was extensively rehabbed in 2019 and 2020. The seller fully renovated 5 of the 6 units and the entire exterior of the property, making this one of the nicest looking properties in the city. This 4,526 sqft property, which sits on a 4,211 sqft lot (0.10 acres) boasts an excellent unit mix with (3) 2 bed / 1 bath units, (1) 3 bed / 2 bath unit, (1) 3 bed / 3 bath unit, and (1) very large 4 bed / 4 bath unit.
The location, of course, is excellent, which goes without saying. It is just steps away from the world famous beaches of Venice and very close to the main attractions of Venice and surrounding areas like Abbot Kinney Boulevard, Santa Monica Pier, and Marina Del Rey.
6
$833333
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
2+1 
3 
 
2.
3+2 
1 
 
3.
4+4 
1 
 
4.
3+3 
1 
 
5.
 
 
 
4286-025-008
LARD1.5
100%
Wood & Stucco
2
1904/Renovated 2019
Very good
Great location
Renovated 2019
Nearly Turn-Key Property
1 Block from Venice Beach

Property Information

Sewer

Sewer System (Public)

Parking

Off-street
On-street
Assigned Parking
6

Investment Overview

Investor

Energy Efficiency

No
No Data
N/A
N/A
No
No
No
No

Neighborhood lifestyle

Urban Core

More information

Listing Info

Listing ID: 2927
Sold

For Sale

$5,000,000

Listing Presented by

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