809 Brooks Ave Venice, CA 90291
Sale
$4,249,000
2 Units
6 Beds
8 Baths
5,190 Area(sq.ft.)
5,081 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 4 | No | $ 9,250 | $ 9,250 | $ 11,500 |
| Unit 2 | 2 | 3 | 4 | No | $ 11,500 | n/a | $ 11,500 |
| 2 | 3 | 9 | 12 | $ 32,250 | $ 9,250 | $ 34,500 |
| MLS #: | 24-343849 |
| Days On Market: | 90 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 819 |
| Price per unit: | $ 2,124,500 |
| Year Built: | 2014 |
Property Details
Massive $345,000 price adjustment! Incredible townhome-style, street-facing duplex with 5,190 sqft, 6 bedrooms (3 each side), eight bathrooms (4 each side), four main level outdoor spaces, 2 rooftop decks, and parking for eight vehicles! 809 Brooks Avenue is a unique opportunity to own a premier duplex just a few blocks to the sand, Abbot Kinney and Rose Avenue. One side is vacant for your vision- an owner's unit, family, or a rent reset of $10-$12,000 per month. The left side is currently rented at a healthy $9,250 per month. Diving into each of the 2,595 sqare foot homes, the first floor offers a light filled living room and dining area, top of the line kitchen, 2 outdoor patios each, a large 2 car garage each, plus 2 additional parking spaces for each home. Gliding up the glass stairwell to the second floor, space abounds with two flex spaces, perfect for home offices, a children's area, creative or wellness spaces. Two large bedrooms and 2 bathrooms round out the middle floor. For a 3rd level, you have two sets of stair options- one to a rooftop deck, and another to a private master retreat, complete with enough space for a sitting area. The bathroom is sumptuous, with double sinks, separate floating tub, and a large enclosed shower. Come join the laid-back, forward thinking community of Venice with all of its walkability bordering the Pacific Ocean.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 50% |
| Gross Operating Income: | $ 1 |
| Total Annual Expense: | $ 1 |
| Net Operating Income: | $ 1 |
| Gross Annual Income: | $ 288,000 |
| Cap Rate: | 5.7% |
| Gross Rent Multiplier: | 17.49 |
| Actual Gross Rent: | $ 243,000 |
| Actual Rent Total: | $ 111,000 |
Structure
| Type of Units: | Duplex |
| Buildings: | 1 |
| Levels: | Three Or More |
| Security Features: | Fire Sprinklers, Gated |
| Style: | Modern |
| Sewer: | In Street |
| View Description: | City Lights, Mountains |
| Water: | Public |
Land & Parking
| Zoning: | LARD1.5 |
| Parking Garage: | Garage - 4+ Car, Door Opener, Driveway |
Interior
| Cooking Appliances: | Built-In Gas, Microwave, Oven, Oven-Gas, Gas/Electric Range, Range Hood |
| AC/Cooling: | Air Conditioning, Central, Other |
| Equipment: | Cable, Dryer, Dishwasher, Microwave, Gas Dryer Hookup, Range/Oven, Refrigerator, Washer, Garbage Disposal, Hood Fan, Gas Or Electric Dryer Hookup, Water Line to Refrigerator |
| Heating: | Central |
| Fireplace Rooms: | None |
| Interior Features: | Turnkey |
| Kitchen Features: | Quartz Counters |
| Laundry: | Garage |
| Laundry Equipment: | Own |
| Patio Features: | Covered, Patio Open, Balcony, Roof Top Deck |
Exterior
| Pool: | No |
| Roof: | Flat |
| Spa: | No |
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