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- MLS#SB20243280
- TypeIncome
- CountyLOS ANGELES
- CityVenice
- AreaVenice
- Zip90291
- Style
- Price$ 1,890,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1483
- Lot Size5,214 SqFt
Listing Provided Courtesy Of:
Charlie Rasmussen with Lyon Stahl Investment Real Estate, Inc..
Property Description
LOCATION, LOCATION, LOCATION! We are pleased to present 657 San Juan Ave in Venice. Located just up the street from Abbot Kinney Blvd and less than a mile from the beach, this charming triplex is tucked away in a quiet residential neighborhood, perfect for an owner-user and investor alike. The property consists of (2) 1-Bed/1-Bath Units, (1) Studio Unit, and a converted 3-car garage with ¼ Bath, currently operating as a creative studio/workshop that has historically generated up to $2,200/month. The back unit was fully renovated in 2001 and the front unit in 2006. The middle unit has undergone minor upgrades, including a brand-new refrigerator and fixtures. Exterior upgrades include double-pane vinyl windows, new fence, a metal roof, tankless water heaters, most plumbing upgraded to copper & PVC, and the front unit and gates were recently painted. The back unit has a large private yard with a brand-new privacy gate. There is additional outdoor space in front of the garage with a sliding gate that locks. There is a laundry shed on-site with W/D hook-ups. Gas & electric are metered separately. Tenants pay their own gas & electric. Landlord pays water & garage/exterior electric. There is a fourth electric meter for the garage that is not currently in use, ideal for a potential garage conversion/ADU build. Do not miss this opportunity to acquire a unique income property in the highly sought-after Venice market, steps from the infamous Abbot Kinney Blvd.
Price History | |
---|---|
11/19/2020 | Listed $1,890,000 |
General Features
Attached Structure | Attached |
---|---|
Co-Listing Agent Last Name | Nico |
Co-Listing Agent Last Name | Rosmarin |
Co-Listing Agent State License # | 02023847 |
Co-listing Agent | Nico Rosmarin - BRE#02023847 |
Community Features | Biking, Curbs, Park, Sidewalks |
Directions | Travelling Northwest on Abbot Kinney Blvd, turn right onto San Juan Ave. The property will be a block and a half up the street on the left hand side. |
Garage Spaces | 3.00 |
Levels | One |
Listagentaor | South Bay |
Listing Agent | Charlie Rasmussen - BRE#02039995 |
Listing Agent State License | 02039995 |
MLS Area | C11 - Venice |
Number of Units Leased | 1 |
Pool Features | None |
Price Per Square Foot | 1274.44 |
Property Attached Y/N | Yes |
Sewer | Public Sewer |
Source System | CRMLS |
Special Listing Conditions | Standard |
Total Units | 3 |
Zoning | LARD1.5 |
Interior Features
1st Bedroom Area Unit Type | Square Feet |
---|---|
2nd Bedroom Area Unit Type | Square Feet |
3rd Bedroom Area Unit Type | Square Feet |
Common Walls | 2+ Common Walls |
Laundry Features | Common Area, Electric Dryer Hookup, Washer Hookup |
Laundry Y/N | Yes |
Studio Area Unit Type | Square Feet |
Total Stories | 1 |
Exterior Features
Building Area Total | 1483.00 |
---|---|
Lot Features | 2-5 Units/Acre, Rectangular Lot, Patio Home |
Lot Size Acres | 0.1197 |
Lot Size Area | 5215.0000 |
Lot Size Source | Assessor |
Lot Size Square Feet | 5215.00 |
Lot Size Units | Square Feet |
Number of Buildings | 1 |
Number of Separate Electric Meters | 4 |
Number of Separate Gas Meters | 4 |
Number of Separate Water Meters | 1 |
Total Parking | 3.00 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool