2814 Grand Canal Venice, CA 90291
Sale
$6,250,000
4 Units
8 Beds
4 Baths
2,772 Area(sq.ft.)
5,266 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | n/a | n/a | $ 7,000 |
| Unit 2 | 1 | 2 | 1 | No | n/a | n/a | $ 7,000 |
| Unit 3 | 1 | 2 | 1 | No | n/a | n/a | $ 7,000 |
| Unit 4 | 1 | 2 | 1 | No | n/a | n/a | $ 7,000 |
| 4 | 4 | 8 | 4 | $ 0 | $ 0 | $ 28,000 |
| MLS #: | 24-350911 |
| Days On Market: | 50 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 2,255 |
| Price per unit: | $ 1,562,500 |
| Year Built: | 1948 |
Property Details
FULLY VACANT FOUR-PLEX nestled along the picturesque Venice Canal, this property presents an incredible income opportunity for investors or owner/users. Each unit has 2 bedrooms and 1 bathroom, with a single car garage assigned to each unit, and laundry! With all units currently vacant, it's ready to go for investors looking to capitalize on the booming Venice Beach rental market. Or if you are looking for your quintessential Venice Canal getaway while having tenants pay your mortgage, you can have your pick of the vacant units to call your next home! This stunning property stands as a beacon of modern elegance and convenience with each unit, meticulously redesigned, offering a harmonious blend of luxury and functionality. Step inside any of the units, and you're greeted by spaciousness and sophistication. The open floor plan seamlessly integrates the living, dining, and kitchen areas, adorned with tasteful finishes and flooded with natural light. With two bedrooms and one bath, every unit provides ample space for comfortable living. Convenience is key at this property, with each unit featuring its own single-car garage and laundry facilities, ensuring hassle-free living for residents. Outside, the landscape has been completely revitalized, with lush greenery and vibrant flowers creating a serene oasis along the canal. An expansive front yard offers plenty of space for relaxation or outdoor activities, while built-in BBQs provide the perfect setting for alfresco dining and entertaining. The demand for quality housing in this coveted location is consistently high, making this property an attractive prospect for both short-term and long-term rental strategies. Don't miss this incredible investment opportunity!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 100% |
| Gross Operating Income: | $ 0 |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
| Gross Annual Income: | $ 0 |
| Gross Rent Multiplier: | 0.00 |
Structure
| Type of Units: | Duplex |
| Buildings: | 2 |
| Levels: | One |
| Security Features: | Carbon Monoxide Detector(s), Smoke Detector |
| Sewer: | In Street |
| View Description: | Canal, Tree Top |
Land & Parking
| Zoning: | LARW1 |
| Parking Garage: | Assigned, Detached, Driveway, Garage - 1 Car, Garage |
Interior
| Cooking Appliances: | Oven-Gas, Range, Microwave, Built-In And Free Standing |
| AC/Cooling: | Other |
| Equipment: | Dryer, Microwave, Garbage Disposal, Washer, Refrigerator, Ceiling Fan, Dishwasher |
| Heating: | Other |
| Fireplace Rooms: | None |
| Interior Features: | Drywall Walls, Living Room Balcony, Turnkey, Recessed Lighting, Mirrored Closet Door(s) |
| Kitchen Features: | Counter Top |
| Laundry: | Outside, Laundry Area |
| Patio Features: | Balcony, Deck(s), Porch - Front, Living Room Balcony, Wood, Living Room Deck Attached |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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