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    421 Venice Way

    Venice, CA 90291
    • $1,800,000
    • STATUS: Active
    • ON SITE: 170 days
    • ID#: 20-568062
    UPDATED: 49 min ago
    $1,800,000
    • 5
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,072
      SQFT
    • $586
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Seize this rare opportunity to build a 3,072 sq ft duplex 3 1/2 blocks to the Venice sign, boardwalk and beach, and a short 5 minute stroll to Abbott Kinney. Designed by architect Andrea Schoening, this property is being sold with shovel-ready plans approved by the city and Coastal Commission. The plans call for a dream upper owner's unit with 2,346 sq ft of living space, 3 bedrooms and 3 bathrooms. Navigate between floors easily in the glass elevator, which takes you from the ground floor entrance all the way to the approximately 1,000 sq ft roof deck for easy entertaining. The second unit will be excellent for earning income and includes 726 sq ft of living space with 2 bedrooms and 2 bathrooms. Amenities for your tenants include two en-suite bathrooms, in-unit laundry, kitchen, private front patio with retractable glass wall for indoor/outdoor living, and its own separate entrance. Each unit has their own separate entrance and there is garage parking for three cars. Do not miss!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-28T06:42:38.903. 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.lydiagable.com/homes/104947667
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    421 Venice Way Venice, CA 90291

    • Price: $1,800,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: 20-568062
    5
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,072
    SQFT
    $586
    $/SQFT
    1949
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    School District:
    Los Angeles Unified
    Property Description
    Seize this rare opportunity to build a 3,072 sq ft duplex 3 1/2 blocks to the Venice sign, boardwalk and beach, and a short 5 minute stroll to Abbott Kinney. Designed by architect Andrea Schoening, this property is being sold with shovel-ready plans approved by the city and Coastal Commission. The plans call for a dream upper owner's unit with 2,346 sq ft of living space, 3 bedrooms and 3 bathrooms. Navigate between floors easily in the glass elevator, which takes you from the ground floor entrance all the way to the approximately 1,000 sq ft roof deck for easy entertaining. The second unit will be excellent for earning income and includes 726 sq ft of living space with 2 bedrooms and 2 bathrooms. Amenities for your tenants include two en-suite bathrooms, in-unit laundry, kitchen, private front patio with retractable glass wall for indoor/outdoor living, and its own separate entrance. Each unit has their own separate entrance and there is garage parking for three cars. Do not miss!
    Exterior Features

    Covered Parking 3 Garage Structures Total 1 Levels Three Or More Lot Size Area 2248 Other Structures Other Parking Garage Garage - 3 Car Patio Features Roof Top Deck Pool Description None Pool YN No Spa None Spa YN No Style Modern Tennis Court None Tennis YN No Total Parking 3 View Description PanoramicTree Top View YN Yes

    Interior Features

    Baths Total 5.00 Common Walls Detached/No Common Walls Cooling Central Den No Dining Room No Equipment DishwasherElevatorRange/OvenRefrigerator Family Room No Heating Central Laundry Inside

    Property Features

    Gross Income 194000 Gross Operating Income 194000 Land Lease Type Fee Like Units1 1 Like Units2 1 Net Operating Income 155000.00 Number Of Buildings 1 Number Of Units 2 Rent Control YN Yes Sale Type Standard Sewer In Street Source Living Area Plans Source Lot Size Area Assessor Total Annual Expense 39000 Type Of Units Duplex Year Built Source Plans Zoning Lard1.5

    Listing provided courtesy of Kerry Ann Sullivan DRE#01927932 of Halton Pardee And Partners, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-28T06:42:38.903. 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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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377