21 S Venice Blvd Venice, CA 90291
Price
Not For Sale
Last Update
Dec 13th, 2020
Type
Off Market
Status
Off Market
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21 S Venice Blvd
For Sale $3,195,000
21 S Venice Blvd, Venice, CA 90291 - 0 Beds, 0 BathOff Market
Snapshot
Property Type
Other
Lot Size
0.09 acres
Property Sqft
MLS Number
20-627716
Year Built
1964
Days On Market
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. 4 units are Remodeled Furnished and 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 $177,600 yearly with a potential of $218,400 yearly at market rents. Property is under LA rent control. Cap rate 3.9 GRM 18 at current rents. Cap 5.2 and GRM 14.6 at Market rents. Great upside potential. Drive by only and inside w/accepted offer.
More Details
Provider
Compass
MLS ID
CLAWCA
MLS Name
Combined LA Westside Multiple Listing Service, Inc
MLS Number
20-627716
URL
Source
listhub
PARTICIPANT
Name
James Allan
Primary Phone
(310) 704-0007
Key
3YD-CLAWCA-X77874
Email
james.allan@compass.com
BROKER
Name
Compass
Phone
OFFICE
Name
Compass
Phone
(310) 437-7500
Copyright © 2024 Combined LA Westside Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
History
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listing Removed For Sale | $3,195,000 | Compass | ||
| Listed For Sale | $3,195,000 | Compass |
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