2474 Penmar AVE Venice, CA 90291
Active
$1,650,000
3 Units
9 Beds
3 Baths
3,120 Area(sq.ft.)
5,935 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 1 | No | $ 2,366 | $ 2,366 | $ 2,700 |
| Unit 2 | 1 | 3 | 1 | No | $ 2,400 | $ 2,400 | $ 2,700 |
| Unit 3 | 1 | 3 | 1 | No | $ 2,100 | $ 2,100 | $ 2,700 |
| 3 | 3 | 9 | 3 | $ 6,866 | $ 6,866 | $ 8,100 |
| MLS #: | CV24228542MR |
| Days On Market: | 11 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 529 |
| Price per unit: | $ 550,000 |
| Year Built: | 1961 |
Property Details
Great investment opportunity and prime location in the heart of Venice. This property features 3 units. The front unit is separated or detached from the other two units in the back. Front unit # is 2474 has 3 bedrooms. 1 full bathroom. Living room with laminated wood floors. The kitchen has a bay window and its own separate laundry room. 3 parking spaces in the front driveway. there is also plenty of parking on the street. 2nd) unit# is 2476 upper back. It also has 3 bedrooms. 1 full bathroom. the living room and kitchen has tile floors. washer/dryer. 3rd) unit # is 2476 1/2. Lower back. It also, offers 3 bedrooms. 1 full bathroom. Tile floors in living room and kitchen area, and also has its own washer and dryer. the backs units have two parking spaces per unit, located in the back of the units. There is a common patio area for all tenants where they can enjoy, relax, or B-B-Q with family and friends. This property is commuters friendly for those who take public transportation. Great restaurants, sport bars, shopping, and entertainment all around it. minutes away from Abbot Kinney & Venice beach. Great location, great investment and so much opportunity this 3 units complex has to offer.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 13,144 |
| Net Operating Income: | $ 69,656 |
Structure
| Community Features: | Biking, Curbs, Dog Park, Sidewalks, Storm Drains, Street Lights, Urban |
| Style: | Contemporary |
| Sewer: | In Street Paid, Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | LARD1.5 |
| Land Lease Type: | Fee |
| Parking Garage: | Assigned, Driveway, Other, Parking Space |
Interior
| AC/Cooling: | None |
| Heating: | Natural Gas, Wall |
| Fireplace Rooms: | None |
| Laundry: | Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Room |
Exterior
| Exterior Construction: | Stucco |
| Pool: | No |
| Roof: | Shingle |
| Spa: | No |
Detailed Map
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