$2,336,700
$2,499,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
1712 Washington WAY Venice, CA 90291
3 Beds
4 Baths
2,290 SqFt
Key Details
Sold Price $2,336,700
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,290 sqft
Price per Sqft $1,020
MLS Listing ID 23268247
Sold Date 06/23/23
Bedrooms 3
HOA Y/N No
Year Built 1947
Lot Size 6,202 Sqft
Property Description
Quintessential Venice Beach living, a stones throw to famed Abbot Kinney Blvd . This income property is situated on a gated, oversized street to street lot oozing with development opportunity. Front structure is currently a triplex. The back structure is a 3 car garage plus bonus studio. Estimates in place to convert the garage into two ADUs which could push the cap rate to 7-10%! All tenants are on a month to month lease and one unit currently vacant. Developers dreams! Or rent out and keep as is!
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Door-Multi, Garage
Total Parking Spaces 3
Building
New Construction No
Others
Senior Community No
Tax ID 4228003004
Special Listing Condition Standard
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Bought with Lauren Narozniak • Pardee Properties