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310-740-6347
Real Estate Company
1500 Venice Boulevard, Venice, CA 90291
- $3,211,289
- Sold Price
- $3,211,289
- List Price
- $3,650,000
Property Description
1985 construction, 9*-unit multifamily apartment building located in the heart of West LAnot subject to City of Los Angeles rent control *Well-maintained property with a brand-new roof first time on the market in over 30 years *Diverse unit-mix of studio, one-bedroom, and two-bedroom floor plans all units equipped with Caesarstone countertops, manufactured wood floor, private balconies, large closets with ample storage, fireplaces, and wall HVAC in each bedroom and living room * Residents benefit from an onsite laundry facility and 15 gated parking spots *Opportunity for a Buyer to achieve 38% in rental upside and an additional ~$79,000 in annual NOI through upgrading the unit interiors to feature stainless steel appliances, in-unit washers and dryers, and revitalizing the exterior with a new paint job
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Listing courtesy of Listing Agent: Anna Kampling (cord.pereira@colliers.com) from Listing Office: Colliers International Greater Los Angel.
Listing sold by Anna Kampling from Colliers International Greater Los Angel
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.