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1520 Andalusia Ave

Venice, CA 90291
  • $3,500,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 22-150777
UPDATED: 76 min ago
$3,500,000
  • 2
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,336
    SQFT
  • $1,049
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:
Area:

School Ratings & Info

Description

This beautifully maintained 8-unit compound is a rare find! Steps from Abbot Kinney with its famous dining and world-class shopping, you're also just a few blocks from famed Venice Beach. Nestled around a central courtyard, each of the eight units is flooded with natural light, well-appointed, and in the heart of Venice. All units are currently rented. Zoned LARD 1.5 this lushly landscaped compound would be ideal for investor, creative company or developer. Great potential to upgrade units as they become available and maximize rents.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-29T07:42:43.797. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/128164070
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1520 Andalusia Ave Venice, CA 90291

  • Price: $3,500,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 76 min ago
  • MLS #: 22-150777
2
Beds
0
Baths
0
½ Baths
0.12
Acres
3,336
SQFT
$1,049
$/SQFT
1921
Built
Neighborhood:
Venice
County:
Los Angeles
Area:
Venice
Property Description
This beautifully maintained 8-unit compound is a rare find! Steps from Abbot Kinney with its famous dining and world-class shopping, you're also just a few blocks from famed Venice Beach. Nestled around a central courtyard, each of the eight units is flooded with natural light, well-appointed, and in the heart of Venice. All units are currently rented. Zoned LARD 1.5 this lushly landscaped compound would be ideal for investor, creative company or developer. Great potential to upgrade units as they become available and maximize rents.
Exterior Features

Lot Size Area 5100 Other Structures None Parking Garage On Street Pool Description None Pool YN No Spa None Spa YN No Total Parking 0 View Description None View YN No

Interior Features

Baths Total 8.00 Common Walls Attached Cooling None Equipment RefrigeratorRange/Oven Flooring Hardwood Heating Wall

Property Features

Assessed Total Value 2814668 Gross Income 178804 Gross Operating Income 178804 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 125160.00 Number Of Buildings 1 Number Of Units 8 Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)Smoke Detector Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 53645 Type Of Units Units Year Built Source Assessor Zoning Lard1.5

Listing provided courtesy of Tracey Becker DRE#01975821 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-29T07:42:43.797. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210