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    634 Westminster Ave

    Venice, CA 90291
    • $3,400,000
    • STATUS: Active
    • ON SITE: 49 days
    • MLS #: 21-768164
    UPDATED: 96 min ago
    $3,400,000
    • 10
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,216
      SQFT
    • $1,057
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    634 Westminster Ave presents a unique pride of ownership apartment building in an A+ location situated in the heart of the Oakwood residential neighborhood of Venice Beach, just steps from the famous Abbot Kinney Blvd. Built in 1960, this completely renovated mid-century, two-story apartment consists of five (5) total units with a great unit mix. The property features gated entry, private patios, 8 on-site parking spaces and in-unit washer/dryers in each unit. All the systems have been upgraded with new plumbing, electrical, roof, and the interior has been renovated with designer upgrades to the flooring, countertops, bathrooms, kitchen, and exterior. This amazing location is blocks away from Abbot Kinney Blvd, and less than 1 mile from Venice Beach Boardwalk, Santa Monica, and Rose Avenue Corridor; steps from all the great shops, restaurants, and nightlife in the area. An investor can capitalize on the highly desirable rental market for year to come due to low operating expenses and well positioned asset.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-21T23:42:31.15. 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/119988441
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    634 Westminster Ave Venice, CA 90291

    • Price: $3,400,000
    • Status: Active
    • Updated: 96 min ago
    • MLS #: 21-768164
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,216
    SQFT
    $1,057
    $/SQFT
    1960
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    634 Westminster Ave presents a unique pride of ownership apartment building in an A+ location situated in the heart of the Oakwood residential neighborhood of Venice Beach, just steps from the famous Abbot Kinney Blvd. Built in 1960, this completely renovated mid-century, two-story apartment consists of five (5) total units with a great unit mix. The property features gated entry, private patios, 8 on-site parking spaces and in-unit washer/dryers in each unit. All the systems have been upgraded with new plumbing, electrical, roof, and the interior has been renovated with designer upgrades to the flooring, countertops, bathrooms, kitchen, and exterior. This amazing location is blocks away from Abbot Kinney Blvd, and less than 1 mile from Venice Beach Boardwalk, Santa Monica, and Rose Avenue Corridor; steps from all the great shops, restaurants, and nightlife in the area. An investor can capitalize on the highly desirable rental market for year to come due to low operating expenses and well positioned asset.
    Exterior Features

    Lot Size Area 5201 Other Structures None Parking Garage TandemDriveway Total Parking 8

    Interior Features

    Baths Total 6.00 Common Walls Attached Cooling Window Unit(S) Equipment DryerWasherRefrigeratorRange/OvenDishwasher Heating Wall Gas Laundry Equipment Own

    Property Features

    Assessed Total Value 1975437 Gross Income 191940 Gross Operating Income 189932 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Net Operating Income 128989.00 Number Of Buildings 1 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 60942 Type Of Units Aparments Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Kamfar Kyle Mirrafati DRE#01911204 of Matthews Real Estate Investment Services.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-21T23:42:31.15. 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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