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    2914 Pacific Avenue

    Venice, CA 90291
    • $2,295,000
    • STATUS: Active Under Contract
    • ON SITE: 36 days
    • ID#: 21754478
    Under Contract
    UPDATED: 40 min ago
    $2,295,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1974
    County:
    Area:

    School Ratings & Info

    Description

    Bread & Butter Building - Pacific Avenue apartment complex located in a prime Venice location steps away from Venice Beach. 3 units + bonus unit. Buyer can make the 4th unit official with the States JADU or ADU ordinance (Buyer to confirm).Spacious 3 Bedroom owner's unit vacating in July - ideal for an owner-occupant to purchase & reside with income from the other units for affordability. 3 Bedroom presently rented & all rents are actual per listing. A desirable unit mix includes One - 3 bed/2 baths, One - 2 bed/2 bath and TWO - 0 bed/1 bath studios one of which is the bonus unit. The 2 Bedroom 2 bath unit is recently renovated and is a Townhouse style unit. The building can be a perfect owner/user opportunity or a straight investment for cash flow. Close proximity to restaurants, bars, Marina Del Rey, Santa Monica and the Venice Boardwalk. Come and enjoy living in this Venice property or simply add this prime real estate to your portfolio of properties. Call Broker for more information. (See attached for layout of 2 & 3 bedroom).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T14:30:50.533. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/118834839
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    2914 Pacific Avenue Venice, CA 90291

    • Price: $2,295,000
    • Status: Active Under Contract
    • Updated: 40 min ago
    • ID#: 21754478
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1974
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    Bread & Butter Building - Pacific Avenue apartment complex located in a prime Venice location steps away from Venice Beach. 3 units + bonus unit. Buyer can make the 4th unit official with the States JADU or ADU ordinance (Buyer to confirm).Spacious 3 Bedroom owner's unit vacating in July - ideal for an owner-occupant to purchase & reside with income from the other units for affordability. 3 Bedroom presently rented & all rents are actual per listing. A desirable unit mix includes One - 3 bed/2 baths, One - 2 bed/2 bath and TWO - 0 bed/1 bath studios one of which is the bonus unit. The 2 Bedroom 2 bath unit is recently renovated and is a Townhouse style unit. The building can be a perfect owner/user opportunity or a straight investment for cash flow. Close proximity to restaurants, bars, Marina Del Rey, Santa Monica and the Venice Boardwalk. Come and enjoy living in this Venice property or simply add this prime real estate to your portfolio of properties. Call Broker for more information. (See attached for layout of 2 & 3 bedroom).
    Exterior Features

    Architectural Style Contemporary Carport YN Yes Construction Materials Stucco Direction Faces South Entry Location Ground Level - No Steps Foundation Details CombinationConcrete Perimeter Parking Features Attached Carport Pool Features None Pool Private YN No Roof Composition Spa Features None Spa YN No View City Lights View YN Yes

    Interior Features

    Accessibility Features None Appliances DishwasherDisposalRefrigeratorWasher Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Flooring TileWood Heating Radiant Heating YN Yes Interior Features Furnished Window Features Double Pane Windows

    Property Features

    Disclosures Rent Control Gross Income 142080 Land Lease YN No Laundry Features Common Area Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 99341 Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN Yes Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTrash Collection Vacancy Allowance Rate 0 Zoning Lard1.5

    Listing provided courtesy of Louis Perez of Tradewind Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T14:30:50.533. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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