For sale a rare triplex opportunity in the heart of Venice, CA. CAP Rate 3.38% GRM 19.42 Perfect for an investor who wants to capitalize on the upside potential in rental income For more information contact the listing agent, Arash Memary 818-212-2817 Arash.Memary@marcusmillichap.com

1792 sq. ft.

Posted: 03/25/2022 1:27 pm | On HOMEiZ: 767 days | Updated: 2 years ago | Views: 510

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

$1817800

Last Sold Price

$1817800

Last Sold Date

03/23/2022

Total Finished Sq. Ft.

1792

Total Lot size

4,859 Sq. Ft.

Price per Sq. Ft.

$1014

No. of Units

3 (Triplex)

Unit #1 Total sq. ft.

No Data beds:: 1 baths:: 1

Unit #2 Total sq. ft.

No Data beds:: 1 baths:: 1

Unit #3 Total sq. ft.

No Data beds:: 2 baths:: 1

Unit #4 Total sq. ft.

No Data

Year built

1949

Overall Property Condition

Good

Annual Property Tax Rate for this property

1.25%

Property tax total amount

$22723

HOA dues - $ per month

$ No HOA dues

Commission Split %

2.0%

Financing

This property can be financed

Conventional Loan

Yes

FHA Loan

VA Loan

Mello-Roos

USDA / RHS Loans

Hard Money Loan

Yes

Property Location & Description

Listing Headline

For sale a rare triplex opportunity in the heart of Venice, CA. CAP Rate 3.38% GRM 19.42 Perfect for an investor who wants to capitalize on the upside potential in rental income For more information contact the listing agent, Arash Memary 818-212-2817 Arash.Memary@marcusmillichap.com

Property Description

This 3-unit, 1,792 SqFt multifamily building sits on a 4,858 SqFt lot, and it has a good unit mix of (2) 1-Bed / 1-Bath units and (1) 2- Bed / 1-Bath unit. Potential Redevelopment.

Location Description

Locate in the heart of Venice, CA, at 2339 Abbot Kinney Blvd, just 0.75 miles from the Venice Beach, and just steps from local shops, restaurants, and entertainment that the world famous Abbot Kinney Blvd has to offer.

Property Information

Community Features

Sidewalks

Street Lighting

View

None

Building and Construction

Basement

None

Exterior

Stucco

Wood products

# of Stories

Additions to home Structural

No Data

Basement sq. ft.

Room Features

Utilities

Cooling System

Central

Heating System

Forced air

Heating Method

Gas

Sewer

Type of Sewer

Sewer System (Public)

Parking

Parking type

Garage - Attached

On-street

# of Covered Parkings

Garage sq. ft.

550

Energy Efficiency

Energy Star Certified

How old is you cooling and heating system?

No Data

Efficiency rating

N/A

R-value

N/A

Windows single-pane?

Natural daylight

Appliances energy efficient

Roof

Neighborhood lifestyle

Lifestyle

Urban Core

More information

MLS Listing #

21-101376

MLS URL of this listing to link to your own site or brokerage site

Open house

Date

Listing Info

Listing ID: 3086

Sold

For Sale

$1,817,800

Listing Presented by

Disclimer: Any information relating to a property referenced on HOMEiZ.com comes from the listing provider who wishes to post a listing on HOMEiZ.com. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. HOMEiZ does not verify the property information submitted in HOMEiZ.com and cannot guarantee the accuracy of the information. No warranties or representations are made of any kind. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

2339 Abbot Kinney Boulevard . Venice , CA 90291