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$2,995,000
Est. payment /mo
5,608 SqFt
UPDATED:
12/19/2024 06:48 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,608 sqft
Price per Sqft $534
MLS Listing ID CL24464713
HOA Y/N No
Year Built 1964
Lot Size 5,667 Sqft
Acres 0.13
Property Description
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a 5-unit apartment community located at 614 6th Avenue in Venice, California. The subject property is located south of Rose Avenue and North of Venice Boulevard, within minutes of vibrant restaurants, cafes, bars, yoga studios, grocery stores, gyms, and entertainment options. Situated on a 5,667 square foot parcel, the property is made up of one two-bedroom unit and four three-bedroom units. Interiors feature in-unit washer/dryers in all units except Unit 5, and four of the units have gated on-site parking. There is potential to add a fifth parking space by modifying the gate post - buyer to verify. 614 6th Avenue offers investors the opportunity to acquire a stabilized property in a prime Venice location. The neighborhood's proximity to some of Los Angeles's best bars and restaurants will support continued rent growth for a new investor who is looking for stable returns and long-term growth potential.
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 4240013004
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Listed by Sean Rosenzweig • Marcus & Millichap