315 6th Avenue, Venice, CA 90291

$1,850,000
4
BD
4
BA
1,884
SqFt
Sold Price
$1,850,000
List Price
$1,895,000
Closing Date
Jun 28, 2023
Status
CLOSED
MLS#
23272901
Year Built
1923
Bedrooms
4
Bathrooms
4
Living Sq. Ft
1,884
Lot Size
6,358
Days on Market
0
Property Type
Multifamily

Property Description

Attention value-add investors or owners-users. This circa 1920s Venice Beach Bungalow property consists of three (3), one (1) bedroom, one (1) bath bungalows, with a fourth (4) unit above the three (3) car parking garages. This is a great opportunity for an investor to improve the property with all of the amenities and accoutrements for the chic Venice indoor and outdoor lifestyle. The property is conveniently located on 6th Avenue just south of Rose Avenue. The Venice Boardwalk is a short distance away. The rents listed are projections based on market comparables, as renovated. This is an excellent add-value opportunity, as all units will be delivered vacant. Whether you are an owner-user, investor, or developer, this property has endless potential. The RD1.5 oversized 6,000+ lot makes it a prime spot to build multiple units within seconds to all the magic of Venice: beach sunsets, hot restaurants on Rose, and shopping on Abbot Kinney. The photos provided are renderings of the potential of the property and not of its current condition.

Additional Information

Garage Spaces Total
3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Steve Sawai (steve@stevesawaii.com) from Listing Office: Compass.

Listing sold by Arash Ehsani from Donald Uhler Paulino

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.