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2814 Grand Canal

Venice, CA 90291
  • $4,299,000
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 22-132983
Open House
UPDATED: 66 min ago
$4,299,000
  • 8
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,772
    SQFT
  • $1,551
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:
Area:

School Ratings & Info

Description

Incredible investment opportunity on the historic Venice Canals, located in the quiet, residential side of the canals, just a steps to the ocean and moments to Abbot Kinney, great restaurants, shops, and all that Venice has to offer. This charming and sunny west-facing fourplex sits on a rare, spacious double lot with over 56 feet of sought-after canal frontage. This lucrative investment property features two freestanding buildings containing two units each for a total of four two-bed/one-bath units with two detached two-car garages, perfect for potential ADU conversion for additional income (buyer to verify local requirements). Units have balconies on the upper units and private gardens on the lower units. Lots of upside potential and possibilities for the savvy investor. Live in one unit and rent the others, or tear down and build new. Property is also sold with Coastal Commission-approved plans and permits for a sophisticated 4,800-square-foot architectural Balinese-style single-family home with guest house and pool by the highly esteemed Archive Design Group.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T19:43:08.653. 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/126869543
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2814 Grand Canal Venice, CA 90291

  • Price: $4,299,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 66 min ago
  • MLS #: 22-132983
8
Beds
0
Baths
0
½ Baths
0.12
Acres
2,772
SQFT
$1,551
$/SQFT
1948
Built
Neighborhood:
Venice
County:
Los Angeles
Area:
Venice
Property Description
Incredible investment opportunity on the historic Venice Canals, located in the quiet, residential side of the canals, just a steps to the ocean and moments to Abbot Kinney, great restaurants, shops, and all that Venice has to offer. This charming and sunny west-facing fourplex sits on a rare, spacious double lot with over 56 feet of sought-after canal frontage. This lucrative investment property features two freestanding buildings containing two units each for a total of four two-bed/one-bath units with two detached two-car garages, perfect for potential ADU conversion for additional income (buyer to verify local requirements). Units have balconies on the upper units and private gardens on the lower units. Lots of upside potential and possibilities for the savvy investor. Live in one unit and rent the others, or tear down and build new. Property is also sold with Coastal Commission-approved plans and permits for a sophisticated 4,800-square-foot architectural Balinese-style single-family home with guest house and pool by the highly esteemed Archive Design Group.
Exterior Features

Covered Parking 4 Lot Size Area 5264 Other Structures None Parking Garage Garage - 4+ Car Total Parking 6 View Description Canal View YN Yes

Interior Features

Baths Total 4.00 Cooling None Equipment BarbequeDishwasherElectric Dryer HookupRange/OvenRefrigerator Heating Wall Gas

Property Features

Assessed Total Value 3626496 Gross Income 204000 Gross Operating Income 0 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 4 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units 2 Story Year Built Source Vendor Enhanced Zoning Larw1

Listing provided courtesy of Sally Forster Jones DRE#00558939 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T19:43:08.653. 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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