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    414 Grand Blvd

    Venice, CA 90291
    • $3,200,000
    • STATUS: Active
    • ON SITE: 77 days
    • MLS #: 20-658142
    UPDATED: 55 min ago
    $3,200,000
    • 8
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,362
      SQFT
    • $952
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:
    Area:

    School Ratings & Info

    Description

    Classic 1940's Venice 4 unit building situated on 3 lots. Large rear yard, 2 double car garages all units are 2 bedroom, 1 bath. Units are approximately 840 Sq. Ft. Located off the famous Windward Circle in Venice on Grand Blvd. The property sits between Venice Beach and Abbot Kinney Blvd . Great location in the heart of Venice. Easy access to all restaurants, shopping, biking and beaches. The units have hardwood floors, living rooms, entrances in the front & rear of the property, full kitchens with dining nook and all units have bathtubs, and separate showers. Laundry on premises. The garages provide extra income as well as an opportunity for an owner user to have access to parking. Huge potential for increased rents as well as possible development opportunity. 2 of the 4 units can be delivered vacant. Buyer to corporate with seller's 1031 exchange at no expense to the buyer.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T16:42:49.323. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/112519772
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    414 Grand Blvd Venice, CA 90291

    • Price: $3,200,000
    • Status: Active
    • Updated: 55 min ago
    • MLS #: 20-658142
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,362
    SQFT
    $952
    $/SQFT
    1947
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    Classic 1940's Venice 4 unit building situated on 3 lots. Large rear yard, 2 double car garages all units are 2 bedroom, 1 bath. Units are approximately 840 Sq. Ft. Located off the famous Windward Circle in Venice on Grand Blvd. The property sits between Venice Beach and Abbot Kinney Blvd . Great location in the heart of Venice. Easy access to all restaurants, shopping, biking and beaches. The units have hardwood floors, living rooms, entrances in the front & rear of the property, full kitchens with dining nook and all units have bathtubs, and separate showers. Laundry on premises. The garages provide extra income as well as an opportunity for an owner user to have access to parking. Huge potential for increased rents as well as possible development opportunity. 2 of the 4 units can be delivered vacant. Buyer to corporate with seller's 1031 exchange at no expense to the buyer.
    Exterior Features

    Cross Streets Riviera Direction Faces North Garage Structures Total 1 Lot Size Area 6755 Other Structures None Parking Garage Garage Is DetachedDoor Opener Total Parking 4

    Interior Features

    Baths Total 4.00 Cooling None Equipment Refrigerator Flooring HardwoodMixed Heating WallWall Gas Laundry Laundry Area Laundry Equipment Lease

    Property Features

    Assessed Total Value 163245 Gross Income 168600 Gross Operating Income 167022 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 115394.00 Number Of Buildings 1 Number Of Units 4 Owner Pays GardenerWater Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 50050 Type Of Units Flstd Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Ian Hale DRE#01120121 of Re/Max Estate Properties.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T16:42:49.323. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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