search
yourdomain > Los Angeles > house/condo > $4,000,000 / 4br - *** 4 Unit Apartment Building - Steps to the Beach *** (VENICE BEACH)

$4,000,000 / 4br - *** 4 Unit Apartment Building - Steps to the Beach *** (VENICE BEACH)

Report Ad  Whatsapp
Posted : Wednesday, November 08, 2023 02:34 PM

Location! Location! Location! Opportunity is calling!!! walk on beach sands & famous Venice beach.
Upside opportunity Buildable area for an ADU unit with an ocean-view rooftop.
🌟 Investment Opportunity in Prime Venice Beach Location! 🏝️ Seize the moment with this incredible investment opportunity just steps away from the famous Venice Beach sands! Presenting a four-unit multi-family property with unbeatable perks: ✨ Prime Location: Few steps to the beach, this property offers a rare chance to own a piece of Venice Beach real estate with large parking area near sands.
🏡 Stylish Living: Four fully remodeled with updated pluming and electrical and furnished one-bedroom units boasting modern style and high-quality finishes.
🚗 Ample Parking: A large parking lot with extra parking spots per unit—a true rarity in the area.
currently collecing rent for it's extra parking spots.
💼 Ready Business: Already generating income from short-term rentals (Airbnb, Booking.
com, insurance companies), this property is a turnkey investment & can be delivered Fully Vacant.
🏗️ Upside Opportunity: City ordinance approval for an additional 3 ft height this year, allowing for an ocean-view rooftop and an ADU unit—maximizing income potential.
📉 Low-Cost Construction: Take advantage of the approved height increase to reduce construction costs and enhance your investment.
💰 Assumable Loan: A $2 million loan with fixed low rates of 5.
85% can be assumed for the next four years, offering financial flexibility.
📞 Contact Rebeka Shad at Wealth Road Realty for a Showing & More Information.
🔍 Additional Option: Another OFF-Market( Buy as portofolio together or separte) Explore another three-unit multi-family property in Valley Village, LAR3 zoned and ready for up to 11 units.
Inquire for more details.
Don't miss out on this golden opportunity to own a lucrative piece of Venice Beach real estate.
Act fast – call or text today! Wealth Road Realty Rebeka-------------------Interested in this property? Reply to this listing for more information.

• Phone : NA

• Location : 10 E 27th Ave near Speedway, Venice,CA

• Post ID: 9112022198


Related Ads (See all)


auburn.yourdomain.com is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2024 yourdomain.com