312 Market St Venice, CA 90291
Sale
$1,975,000
2 Units
4 Beds
3 Baths
1,960 Area(sq.ft.)
2,848 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 1,406 | $ 1,406 | $ 1,406 |
| Unit 2 | 2 | 2 | 2 | No | n/a | n/a | $ 4,995 |
| 2 | 3 | 6 | 5 | $ 1,406 | $ 1,406 | $ 11,396 |
| MLS #: | 24-369481 |
| Days On Market: | 26 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,008 |
| Price per unit: | $ 987,500 |
| Year Built: | 1938 |
Property Details
Exciting opportunity to own a charming Venice Beach duplex with one unit delivered vacant! The renovated vacant unit offers a spacious 2 bedrooms 2 bathrooms layout, while the other unit features 2 bedrooms with 1 bathroom. The downstairs unit has been fully renovated with permits featuring a custom kitchen with modern cabinets, designer tiles, sleek matte black fixtures, new flooring, new windows, new recessed lighting, two full bathrooms with floating vanities, new mini-split HVAC air conditioning and heating system, in-unit laundry, and stainless steel appliances. The vacant unit comes with a private outdoor yard in the front and back as an ideal place to unwind at the end of the day with friends and family. The property features a full two car garage and storage area which can be used as an office, home gym, media room, game room, den/hangout area, or creative haven! Perfect for the discerning buyer looking for a great investment, or someone wanting to live in one unit, and collect passive income from the other. Just moments from Abbot Kinney and one of California's most beautiful beaches, this duplex offers the best of everything in vibrant and historical Venice, CA. The possibilities are endless, and the seller has preliminary plans to add 2 detached ADUs in the back of the property for added value and upside potential! Spend your days at the beach, shopping and dining on Abbot Kinney, and enjoy living the dream in the endless California summer.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 50% |
| Gross Operating Income: | $ 0 |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
| Gross Annual Income: | $ 0 |
| Gross Rent Multiplier: | 0.00 |
Structure
| Amenities: | None |
| Type of Units: | Duplex |
| Buildings: | 1 |
| Levels: | Multi/Split |
| Style: | Traditional |
| View Description: | Tree Top |
Land & Parking
| Zoning: | LARD1.5 |
| Parking Garage: | Garage |
Interior
| AC/Cooling: | Wall/Window |
| Equipment: | None |
| Heating: | Wall |
| Laundry: | In Unit |
Exterior
Detailed Map
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