506 Boccaccio Ave Venice, CA 90291
Active
$2,349,000
6%
3 Units
4 Beds
5 Baths
2,628 Area(sq.ft.)
2,504 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 2 | 2 | 2 | No | $ 5,000 | $ 4,200 | $ 10,000 |
| Unit 2 | 1 | studio | 1 | No | $ 2,100 | $ 1,800 | $ 2,100 |
| 2 | 3 | 4 | 5 | $ 12,100 | $ 10,200 | $ 22,100 |
| MLS #: | 24-437091 |
| Days On Market: | 83 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 894 |
| Price per unit: | $ 783,000 |
| Year Built: | 1991 |
Property Details
Steps to Abbot Kinney Boulevard this Duplex with BONUS ground floor courtyard studio features a top floor owners 2 bedroom 2 bath unit with extensive updates and renovations. The owners top floor unit and the ground floor studio will be delivered vacant. The top floor unit features stone counters, stainless steel appliances, hardwood style flooring in unit laundry, and an incredible roof deck. The second floor 2 bedroom 2 bath unit is equally stylish and updated. It does have a washer-dryer in unit. It is occupied by a performing tenant. Inside that unit with an accepted offer or possibly by appointment. The ground floor studio has double doors leading out to a spacious courtyard, a murphy bed, and an efficient kitchen and bath. The coveted west of Lincoln location had a new roof in 2022 and is ready for years of worry free ownership. There is off street parking for 5 cars with 3 garageInterested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 50% |
| Gross Operating Income: | $ 136,800 |
| Total Annual Expense: | $ 30,140 |
| Net Operating Income: | $ 106,760 |
| Gross Annual Income: | $ 136,800 |
| Gross Rent Multiplier: | 18.00 |
| Actual Gross Income: | $ 75,600 |
Structure
| Type of Units: | duplex |
| Buildings: | 1 |
| Levels: | Three Or More |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | Attached, Covered Parking, Controlled Entrance, Driveway, Garage Is Attached, On street, Garage - 4+ Car |
Interior
| Cooking Appliances: | Built-In Gas |
| AC/Cooling: | None |
| Equipment: | Dishwasher, Gas Dryer Hookup, Dryer, Washer |
| Heating: | Central |
| Laundry: | In Unit |
| Laundry Equipment: | Own |
Exterior
Detailed Map
Schools
Find a great school for your child
Income
