Venice (los Angeles), CA 90291,214 Market Street
Venice (los Angeles), CA 90291,214 Market Street
Venice (los Angeles), CA 90291,214 Market Street
Venice (los Angeles), CA 90291,214 Market Street
Venice (los Angeles), CA 90291,214 Market Street
Venice (los Angeles), CA 90291,214 Market Street
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$1,666,500

$1,750,000

4.8%
Est.Price: ?

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Est. payment /mo

2 Beds

2,564 SqFt


SOLD DATE : 08/30/2024

Key Details

Sold Price $1,666,500

Property Type Other Types

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 2,564 sqft

Price per Sqft $649

MLS Listing ID CL24405009

Sold Date 08/30/24

Bedrooms 2

HOA Y/N No

Year Built 1910

Lot Size 2,230 Sqft

Acres 0.05

Property Description

Amazing opportunity to acquire a turnkey high-vacancy bread-and-butter Venice Beach fourplex on a corner street-to-alley lot less than 1/4 mile from the sand. Located in a vibrant and robust rental market fully immersed in one of the highest concentrations of tech and creative residents of Silicon Beach, this location is poised to command consistent and growing cash flows for the foreseeable future and beyond. Perfect for an investor looking to park money in an insulated trophy location, the property itself houses four spacious one-bedroom units that have consistently produced market rents (and that enjoy turnover just often enough to stay on pace with submarket rent growth), and bolster the bottom line with additional parking income to boot. Adjacent to a swathe of luxury residential homes and just a hop-skip away from Abbot Kinney (literally crowned "the coolest block in America" in GQ's Style Bible), this building also presents an opportunity for an owner-occupant to subsidize mortgage payments with rents while waxing inspiration in the buzzing cultural mecca that is Venice. Just a stone's throw to Rose Corridor and Main Street, just blocks to the sand, and billed as both a Walker's and Biker's Paradise, positively everything is within reach. Less than a mile from Marina del R

Location

State CA

County Los Angeles

Area Listing

Zoning LARD

Interior

Fireplace No

Exterior

Exterior Feature Front Yard

Total Parking Spaces 2

Building

Lot Description Front Yard

New Construction No

Others

Tax ID 4238013034

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Bridge MLS
Listed by Vivian Chaing • Property Concierge
Bought with JessicaSteier
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(510) 854-8066

brian@rysepropertygroup.com

1820 Solano Ave, Berkeley, CA, 94707, USA

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