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    705 6Th Ave

    Venice, CA 90291
    • $3,295,000
    • STATUS: Active
    • ON SITE: 131 days
    • MLS #: 21-727910
    UPDATED: 21 min ago
    $3,295,000
    • 8
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,903
      SQFT
    • $1,135
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:
    Area:

    School Ratings & Info

    Description

    Reimagined in 2016, with additional enhancements in 2019, this Triplex boasts three immaculately renovated units including one stand-alone 2 bed/1 bath historic Craftsman Cottage; one 3 bed/1 bath Garden Flat; and one 3 bed/1 bath Loft, each with a fully private and beautifully landscaped courtyard garden. Plus, plans for a brand new 2 bed/1bath ADU w/rooftop & garage along with expansion plans for a second story addition to the Cottage, created by a renowned Venice architect. These plans provide an amazing additional income opportunity for this stunning property. With a walk score of 89 and located in the center of the vibrant and creative Rose Corridor, this triplex has tremendous upside potential and the location cannot be beat -- close to the beach, Abbot Kinney, Main Street, and Lincoln Blvd. Refined design with the vibe and convenience of Venice living, a must see for any owner/user or investor! Property can be delivered Vacant at the close of escrow.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-23T11:42:44.66. 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/117245517
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    705 6Th Ave Venice, CA 90291

    • Price: $3,295,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 21-727910
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,903
    SQFT
    $1,135
    $/SQFT
    1924
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    Reimagined in 2016, with additional enhancements in 2019, this Triplex boasts three immaculately renovated units including one stand-alone 2 bed/1 bath historic Craftsman Cottage; one 3 bed/1 bath Garden Flat; and one 3 bed/1 bath Loft, each with a fully private and beautifully landscaped courtyard garden. Plus, plans for a brand new 2 bed/1bath ADU w/rooftop & garage along with expansion plans for a second story addition to the Cottage, created by a renowned Venice architect. These plans provide an amazing additional income opportunity for this stunning property. With a walk score of 89 and located in the center of the vibrant and creative Rose Corridor, this triplex has tremendous upside potential and the location cannot be beat -- close to the beach, Abbot Kinney, Main Street, and Lincoln Blvd. Refined design with the vibe and convenience of Venice living, a must see for any owner/user or investor! Property can be delivered Vacant at the close of escrow.
    Exterior Features

    Lot Size Area 5670 Other Structures None Parking Garage Driveway Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Style Bungalow Total Parking 6

    Interior Features

    Bathroom Features Double Vanity(S)Linen ClosetRemodeledLow Flow Shower(S)Low Flow Toilet(S)Shower Over TubTile Baths Total 3.00 Cooking Appliances Built-In GasCooktop - GasCooktop - ElectricRangeRange HoodMicrowaveOven Cooling OtherWall Unit(S) Equipment DishwasherDryerFreezerGarbage DisposalHood FanIce MakerMicrowaveRange/OvenRefrigeratorWasher Fireplace Rooms Living Room Flooring TileWood Heating OtherWall Kitchen Features Counter TopIslandRemodeledOpen To Family Room Laundry In UnitInside

    Property Features

    Assessed Total Value 2674000 Gross Income 229200 Gross Operating Income 220800 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 150276.00 Number Of Buildings 2 Number Of Units 3 Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 56004 Type Of Units Triplex Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Tyler Kunkle DRE#01965642 of Pardee Properties.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-23T11:42:44.66. 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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