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21 S Venice Boulevard, Venice, CA 90291
$3,460,000
21 S Venice Boulevard, Venice, CA 90291View this property at 21 S Venice Boulevard, Venice, CA 90291
21 S Venice BoulevardVeniceCA90291
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Property Description
Trophy Silicon Beach 6 unit building 100 yards from the famed Venice Beach. Consists of 5 x 1 Bd 1ba units and 1 studio. All units are remodeled and delivered fully furnished. All units are being rented for 30 day or more rentals and can be delivered vacant by close. Located by famed Venice Boardwalk and vibrant Abbot Kinney shops and famous Venice surfing beach. 5 parking spaces and secured building with private courtyard area. Current gross income of $208,800 yearly. Property is under LA rent control. Cap rate 4.2 GRM 17 at current rents. Cap 4.6 and GRM 16 at Market rents. Great upside potential. Drive by only and inside w/accepted offer.
Full Property Details
Full Property Details for 21 S Venice Blvd
General
- Sold For: $3,460,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 46170256
- Added to Site: 963 day(s) ago
Interior
- Appliances: Dishwasher
Parking
- Total Spaces: 5
Location
- County: LOS ANGELES
- Driving Directions: South of N. Venice Blvd. West of Pacific
Heating & Cooling
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 0
- Square Feet: 3,567
- Year Built: 1964
Lot Features
- Lot Size (Sq. Ft.): 3,961
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.50%
- Property ID: 4226014010
Listed and Sold by Compass, James Allan
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Schools
Schools serving 21 S Venice Blvd
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1010 Abbot Kinney Blvd, Venice, CA 90291 | K-5 | 0.5 mi | |
2224 Walgrove Ave, Los Angeles, CA 90066 | 6-8 | 1.7 mi | |
13000 Venice Blvd, Los Angeles, CA 90066 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21 S Venice Blvd
Date
Details
Price
Change
Source
1/06/2022
Sold
$3,460,000
-3.76%
MLS
9/15/2021
Listed
$3,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
21 S Venice Boulevard, Venice, CA 90291 (MLS# 46170256) is a Multi-Family property that was sold at $3,460,000 on January 06, 2022. Want to learn more about 21 S Venice Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Venice? You can browse all Venice real estate or contact a Coldwell Banker agent to request more information.