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    600 Flower Ave

    Venice, CA 90291
    • $3,795,000
    • STATUS: Active
    • ON SITE: 56 days
    • ID#: 21-676408
    UPDATED: 44 min ago
    $3,795,000
    • 6
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,339
      SQFT
    • $599
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:
    Area:

    School Ratings & Info

    Description

    A fantastic investment opportunity awaits in prime Venice with this 5-unit loft-style building on a corner lot in the heart of Silicon Beach, just a block south of the restaurants and shops of bustling Rose Ave. Designed by internationally recognized LA architect Ted Tanaka, each spacious apartment stuns with high ceilings, an open floor plan, and an abundance of natural light. The majority of the units have new HVAC mini-split systems, and some feature other modern upgrades such as newer kitchens, bathrooms, and flooring. Two units include private patios/garden space, three feature large skylights, and there's off-street parking allotted for 8-9 cars. The building is comprised of four 1-bed, 1 bath units plus one larger 2-bed, 2 bath two-story unit. Additionally, one unit can be delivered vacant at the close of escrow. Call it your new home, rent the vacant unit immediately or reimagine it completely.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-04T12:42:50.173. 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/113052535
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    600 Flower Ave Venice, CA 90291

    • Price: $3,795,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: 21-676408
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    6,339
    SQFT
    $599
    $/SQFT
    1987
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    A fantastic investment opportunity awaits in prime Venice with this 5-unit loft-style building on a corner lot in the heart of Silicon Beach, just a block south of the restaurants and shops of bustling Rose Ave. Designed by internationally recognized LA architect Ted Tanaka, each spacious apartment stuns with high ceilings, an open floor plan, and an abundance of natural light. The majority of the units have new HVAC mini-split systems, and some feature other modern upgrades such as newer kitchens, bathrooms, and flooring. Two units include private patios/garden space, three feature large skylights, and there's off-street parking allotted for 8-9 cars. The building is comprised of four 1-bed, 1 bath units plus one larger 2-bed, 2 bath two-story unit. Additionally, one unit can be delivered vacant at the close of escrow. Call it your new home, rent the vacant unit immediately or reimagine it completely.
    Exterior Features

    Lot Location Corner Lot Lot Size Area 9452 Other Structures None Parking Garage UncoveredOther Pool Description None Pool YN No Spa None Spa YN No Style Contemporary Total Parking 8

    Interior Features

    Baths Total 6.00 Cooling Air ConditioningMulti/ZoneOther Equipment Other Flooring Other Heating Other Laundry Community

    Property Features

    Assessed Total Value 1339516 Gross Income 196800 Gross Operating Income 191206 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 106269.16 Number Of Buildings 1 Number Of Units 5 Rent Control YN No Sale Type Standard Security Features Gated Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 84936.84 Type Of Units Residential Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Diana Braun DRE#01362342 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-04T12:42:50.173. 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