123 Park Place, Venice

$1,950,000

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2 Beds
4 Baths
2,008 Sqft
.05 Acre
0 Garage

Welcome to the walk Streets of Venice, one block from the Beach at the end of Abbot Kinney/Brooks and just south of Main street.The location is outstanding. Enter through the white picket fence into a shared sun trap of a garden, to be enjoyed by all. This is a four unit building, fully occupied. On the ground floor is unit 1, a 1 bedroom, 1 bathroom unit, and on the 2nd floor are three units, 2 studios and another 1 bedroom, 1 bathroom unit. The units on the upper floor have all been updated. The one bedroom unit upstairs has an exposed wood ceiling, stainless steel appliances, wood floors, cool light fixtures, wood blinds, a little desk area and a light and airy bathroom. There is also a communal laundry, and a carport that fits 6 cars tandem. There are 4 storage bins for the tenants use. Good steady income, low expenses. Expenses include projected property taxes for new owner. An all round great investment. Will need 72 hours notice to show Monday - Saturday.

Essential Information

MLS® #
23267293
Price
$1,950,000
Bedrooms
2
Bathrooms
4.00
Square Footage
2,008
Acres
0.05
Year Built
1965
Type
Residential Income
Status
Active Under Contract

Community Information

Address
123 Park Place
Area
C11 - Venice
City
Venice
County
Los Angeles
Zip Code
90291
Senior Community
N

Amenities

Parking Spaces
6
Parking
Carport
Garages
Carport

Interior

Interior Features
Ceiling Fan(s)
Appliances
Dishwasher, Refrigerator
Heating
Wall Furnace
Cooling
None
# of Stories
2
Stories
Multi/Split

Additional Information

Date Listed
May 4th, 2023
Days on Market
374
Zoning
LARD1.5

Listing Details

Agent
Michelle Nissani
Office
Douglas Elliman
Property History
Status Changed from Active to Active Under Contract

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Based on information from California Regional Multiple Listing Service, Inc. as of May 12th, 2024 at 5:31am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.