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24 20th Avenue

Venice, CA 90291
  • $2,190,000
  • STATUS: Active
  • ON SITE: 245 Days
  • ID#: SR22205895
UPDATED: 39 min ago
$2,190,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1948
County:
Area:

School Ratings & Info

Listing Agent(s): Josh Brenner of Compass (310-230-5478)


Description

Only steps to the legendary Venice Boardwalk, this Mid-Century triplex on a walkstreet includes two, one bedroom, one bathroom units (front unit has recently been remodeled and includes stackable laundry and good size front yard) and one recently remodeled two bedroom, one and a half bath loft unit with ocean view and balcony. The loft unit is light and bright with modern open floor plan, including stackable laundry space. There are three parking spaces under the structure with easy access from the alley, and a fenced yard in the front. The front unit facing the walkstreet was recently remodeled in July of 2022, the middle unit is currently occupied by a long term month to month tenant ($1,000/month), and the remodeled loft unit is currently occupied by a short term month to month tenant ($3,400 furnished). Live in one and rent the other two! Fantastic location walking distance to Venice Beach, Boardwalk, Abbot Kinney Blvd., Washington Blvd., and Windward Circle. This is a great opportunity for owner/user, value add, or investor/developer with vision to build upward and take advantage of breathtaking ocean views. Seller is willing to help with a rate buy down at the right price!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-05-30T12:29:15.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/133427833
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24 20th Avenue Venice, CA 90291

  • Price: $2,190,000
  • Status: Active
  • On Site: 245 Days
  • Updated: 39 min ago
  • ID#: SR22205895
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1948
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
Only steps to the legendary Venice Boardwalk, this Mid-Century triplex on a walkstreet includes two, one bedroom, one bathroom units (front unit has recently been remodeled and includes stackable laundry and good size front yard) and one recently remodeled two bedroom, one and a half bath loft unit with ocean view and balcony. The loft unit is light and bright with modern open floor plan, including stackable laundry space. There are three parking spaces under the structure with easy access from the alley, and a fenced yard in the front. The front unit facing the walkstreet was recently remodeled in July of 2022, the middle unit is currently occupied by a long term month to month tenant ($1,000/month), and the remodeled loft unit is currently occupied by a short term month to month tenant ($3,400 furnished). Live in one and rent the other two! Fantastic location walking distance to Venice Beach, Boardwalk, Abbot Kinney Blvd., Washington Blvd., and Windward Circle. This is a great opportunity for owner/user, value add, or investor/developer with vision to build upward and take advantage of breathtaking ocean views. Seller is willing to help with a rate buy down at the right price!
Exterior Features

Carport Spaces 3 Carport YN Yes Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Electric Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features BikingParkSidewalksWater Sports Electric Expense 75 Fuel Expense 0 Garage YN No Gross Income 4400 Gross Scheduled Income 4400 Insurance Expense 112.7 Land Lease YN No Laundry Features Stacked Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 4137.3 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 3 Operating Expense 262.7 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 9200 Trash Expense 0 Water Sewer Expense 75 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-05-30T12:29:15.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Josh Brenner of Compass (310-230-5478)