Charming 6 - unit investment property in the heart of Venice on a "Walk-Street", just steps to the sand. The property features 2 -Singles, 2 Junior 1 bd + 1ba with a sun porch, 1 - 1bd+1ba and 1 - 2bd+1ba units. Long term owner (over 50 years) with below market rents. The building has copper plumbing. Two of the units (units 2 & 4) have been completely remodeled. Two other units (units 3 & 5) have been partially remodeled including hardwood floors. Master metered for electricity. The electrical panel has been replaced. Individually metered for gas. However, the seller pays the gas for the tenants. There are 4 parking spots. The owner collects $150/mo. for parking from units 1, 3 and 6. The building was earthquake retrofitted in 1994. You can't beat the location, close to the Venice Boardwalk, Santa Monica Pier and Muscle Beach.
| MLS # | 26870353 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1904 |
| Days On Site | 20 |
| Listing Provided By | Michael Anthony Salerno | Michael A Salerno |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 2,765 |
| Story(s) | 1 |
| Units | 6 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.06 |
| Cooling | None |
|---|---|
| Heating | Fireplaces |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Parking Features | Unassigned |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Venice |
| Zip Code | 90291 |
| Area | C11 Venice |
| Listing VS Median (in 90291) | |
Price: $1,995,000 low | high Med: $2,545,000 sqft: 2,765 low | high Med: 3,643 $ / sqft: $722 low | high Med: $722 On site: 20 low | high Med: 211 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Venice |
| Zip Code | 90291 |
| Area | C11 Venice |
| Listing VS Median (in 90291) | |
Price: $1,995,000 low | high Med: $2,545,000 sqft: 2,765 low | high Med: 3,643 $ / sqft: $722 low | high Med: $722 On site: 20 low | high Med: 211 | |
![]() | $3,395,00040 18th AvenueVenice, CA 90291 |