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This listing is no longer available

$3,349,000

20% Min Down
9 Beds
5 Bath
4,014 Sqft
$834 / Sqft
Listed 15 weeks ago, Built in 1962
Common Charges
No Data
Property Taxes
No Data
Mortgage
$12,408
Total Monthly Payment
$12,408
Est. Rental Income
$0
Cap Rate
No Data
Description
This beach neighborhood 4-plex offers great rental income, upside -- and value. Generating $198,000 income annually, this garden style contemporary features numerous tenant "extras" including generous front deck/patio (see photos) extended upper back patio,gated four car parking, storage , and garden style landscaping. All units offer hardwood floors, contemporary fixtures and light bright ambiance All rents are based on month to month agreements. Building has been well managed with almost no deferred maintenance ,and with co-operative tenants. This a perfect property for family owner-occupants or boutique investors. Location is just a short distance to beach, Google and globally famous Abbot Kinney shopping and dining.

The manager has listed the unit size as 4014 square feet.
Features & Amenities
Other
Carport
Price History
Date Event Price Source
Recent Inactive Public Records
2019-10-04 Status Change Off Market Listing Records
2019-08-25 Price Drop $3,349,000 Listing Records
2019-07-13 Price Drop $3,398,000 Listing Records
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Recent Transactions at 565 WESTMINSTER Avenue
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Nearby Schools

(within attendance boundary)
1010 Abbott Kinney Blvd., Venice, CA 90291
Public  •  Elementary  •  Grades KG to 5
Los Angeles Unified School District
Mark Twain Middle  •  1.22 mi
2224 Walgrove Ave., Los Angeles, CA 90066
Public  •  Middle School  •  Grades 6 to 8
Los Angeles Unified School District
Venice Senior High  •  1.51 mi
13000 Venice Blvd., Los Angeles, CA 90066
Public  •  High School  •  Grades 9 to 12
Los Angeles Unified School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
Room By Room Floorplans and Photos
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