Located at the high visibility corner of Venice Blvd and Superior Ave just one block east of Lincoln Blvd. One of the largest multi-family zoned, undeveloped parcels in Venice with a very favorable LAR4 zoning.The property sits just outside of the Coastal Zone (Buyer to Verify). This prime infill sits in an area that that has an extremely low vacancy rate with some of the highest housing demands in Southern California. property sold for land value.
Price reduction of $250,000. Cap rate of 3.8. Rare 4 unit Venice compound on a double lot located in the heart of Silicon Beach. Located just steps from the Beach on a Beautiful walk street surrounded by $4 mil + homes in the most sought after "South Venice Beach" area. Property consists of a 3 bed townhouse on East side of lot with private yard and private garage which has been recently remodeled with Hardwood flrs, new kitchen and new bathrooms. West lot has 3 units comprised of Penthouse with 2 bed 2 ba, open flr plan, rooftop deck and windows surrounding living rm to make this a bright and airy residence w/ Ocean breezes and partial Ocean views from living rm and balcony. Middle unit is a 3 bed 2 bath unit with a balcony off the living rm, Master bed w/ beautiful view of the walk st and front yard. Lower unit is a one bed unit with private parking and use of the front lawn area. Total of 8 parking spaces for the property. Owners unit will be delivered vacant.
BACK ON THE MARKET!!!! Prime Venice location!! Walking Distance to Venice Beach, and Abbot Kenny Street where they're are many great restaurants and shops. Awesome potential for "Rebuild" of large modern home, Duplex, Fourplex. Lot has tremendous potential for developer. Owner states that you can build up to 3 town houses; buyer(s) to verify with city. Property has access to two alleys that allow more clearance for more parking. The front of of the property has 2 bungalows and plenty of room to expand & develop the rear of the property. Seller is extremely motivated, this gem won't last long! Bring your Builders, Developers & Investors and make an offer on this pearl of a property!
SELLER WILL LOOK AT ALL OFFERS. SIGNIFICANT PRICE REDUCTION. LOCATION LOCATION LOCATION. California living at its best. This beautiful duplex is located 2 blocks from World famous Venice Beach Boardwalk, Muscle Beach, basketball & racquetball courts, exercise rings and of course a ton of shopping and restaurants. Walk to Venice Canals within a couple of minutes. The property consists of 2 units (#1 2 bed/1 bath, #2 1+1) and an attached 2 car garage. Unit #1 has all hardwood floors, skylight in every room, a private deck accessible from one of the bedrooms, a storage shed and a hot tub. Unit #1 also features all hardwood flooring. Each unit have their own washer/dryer. ZONED R3. Easy to show. One unit can be delivered vacant.
Location! Location! Location! Welcome to Venice, California home of the world famous Venice Beach Boardwalk. This dynamic Multi-family tri-plex is located on a tranquil walkstreet only steps from the beachfront boardwalk, glistening sands, and a dip in the Pacific Ocean, in addition to, a large selection of restaurants, juice spots, and many other local establishments. The lot features two separate buildings which offer great income potential, or even a perfect place to call home. The main building boasts a 2 bedroom and 2 bath unit, and it's own privately enclosed front, side and rear yard for entertaining and lounging. The second building is a two story building hosting a 2 bedroom 1 bathroom upstairs unit, and a 1 bedroom 1 bathroom downstairs unit. Recent partial rehab includes new windows and newly stuccoed exterior and paint. Also in close proximity is the famous Abbot Kinney Blvd as is the Venice Canal Historic District. Nearby parks include Westminster Park, Venice Recreation Center, and Kinney Plaza. Walk Score gives this location an 89 out of 100 for walking and an enormous 96 for biking, a biker's paradise. Priced to sell! Don't let this opportunity pass you by, hurry before it's gone! This property is being sold As-Is.