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$2,950,000
4 bed
2,673 Sqft
4,493 Sqft lot

521 Venice Way, Venice, California 90291

  • Residential Income Property Type
  • 63 Days Time on market
  • $1,104 Price per sqft
  • 1947 Year Built
Property Description

Welcome to this completely VACANT triplex in the vibrant neighborhood of Venice, California. This property offers the perfect opportunity for an owner/user to generate income or an investor looking to rent all three units, at an estimated 4% cap rate. Located in close proximity to the Venice Canals, the beach, and all that Abbot Kinney Blvd has to offer — this is quintessential Venice living! The recently renovated 2 bed, 2.5 bath back unit lives like a single family townhome featuring dual en suites that provide ample space and privacy for residents and guests. With vaulted bedroom ceilings and a private balcony, this 1200 sqft unit has an airy, open atmosphere. The two front units are 1 bed/1 bath bungalows each filled with sunlight and charm. All of the three units have upgraded appliances, their own washer/dryer, and recently replaced gas lines and roof. The property has 5 car parking, and beautifully landscaped shared outdoor space with an outdoor shower. Whether you’re an owner/user, or investor, this triplex presents endless opportunities!

Basic Details
Residential Income
Buy
24376551
$2,950,000
4
2,673 Sqft
1947
4,493 Sqft
Active
Condos/Co-ops
Features
: Central
: Living Room
0
$0
Address
CA
Los Angeles
Venice
90291
521 Venice Way
521
Way
0
W119° 32' 0.6''
N33° 59' 15.9''
Additional Information
63
1
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11/04/2024 09:56:48
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Pardee Properties
Meredith Gruszka
$0
1
C11 - Venice
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