Skip To Content

602 Venezia Ave

Venice, CA 90291
  • $1,995,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 22-141995
UPDATED: 31 min ago
$1,995,000
  • 2
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,382
    SQFT
  • $1,444
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:
Area:

School Ratings & Info

Description

Incredible Investment Opportunity in Venice! Located just a few blocks from Venice Beach and buzzing Abbot Kinney shops and restaurants. This property has a compound feel with large, lush private outdoor spaces and tall secure fencing. The duplex contains a 1 bed + 1 bath and a studio + 1 bath. The 1 bedroom has tall vaulted ceilings with a loft area that sits perched above the living area. The second detached structure contains a 1 bed + 1 bath with separate access and large yard. Value add property located on a quiet back street. Property zoned LAR3, which provides the possibility of added density now or in the future. Property sold as-is. Motivated seller. All units are presently occupied. The garage is currently being rented out by a fourth tenant. Please do not disturb tenants.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T21:42:53.26. 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/127429107
Print Image

602 Venezia Ave Venice, CA 90291

  • Price: $1,995,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 31 min ago
  • MLS #: 22-141995
2
Beds
0
Baths
0
½ Baths
0.12
Acres
1,382
SQFT
$1,444
$/SQFT
1924
Built
Neighborhood:
Venice
County:
Los Angeles
Area:
Venice
Property Description
Incredible Investment Opportunity in Venice! Located just a few blocks from Venice Beach and buzzing Abbot Kinney shops and restaurants. This property has a compound feel with large, lush private outdoor spaces and tall secure fencing. The duplex contains a 1 bed + 1 bath and a studio + 1 bath. The 1 bedroom has tall vaulted ceilings with a loft area that sits perched above the living area. The second detached structure contains a 1 bed + 1 bath with separate access and large yard. Value add property located on a quiet back street. Property zoned LAR3, which provides the possibility of added density now or in the future. Property sold as-is. Motivated seller. All units are presently occupied. The garage is currently being rented out by a fourth tenant. Please do not disturb tenants.
Exterior Features

Lot Size Area 5279 Other Structures None Parking Garage Driveway Total Parking 2

Interior Features

Baths Total 3.00 Cooling Wall/Window Equipment Gas Or Electric Dryer HookupDishwasherFreezerMicrowaveRefrigeratorRange/OvenWasher Flooring CementMixedLinoleumHardwood Heating Wall ElectricWall Gas

Property Features

Assessed Total Value 1027787 Garage Income 400.00 Gross Income 67200 Gross Operating Income 69600 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 66271.00 Number Of Buildings 2 Number Of Units 3 Owner Pays Water Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 3500 Type Of Units Triplex Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Steve Sawai DRE#00607215 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T21:42:53.26. 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.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-141995-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-141995-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-141995-2.jpg
Logo
The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210