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    705 6Th Avenue

    Venice, CA 90291
    • $3,295,000
    • STATUS: Active
    • ON SITE: 130 days
    • ID#: 21727910
    UPDATED: 66 min ago
    $3,295,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:
    Area:

    School Ratings & Info

    Description

    Reimagined in 2016, with additional enhancements in 2019, this Triplex boasts three immaculately renovated units including one stand-alone 2 bed/1 bath historic Craftsman Cottage; one 3 bed/1 bath Garden Flat; and one 3 bed/1 bath Loft, each with a fully private and beautifully landscaped courtyard garden. Plus, plans for a brand new 2 bed/1bath ADU w/rooftop & garage along with expansion plans for a second story addition to the Cottage, created by a renowned Venice architect. These plans provide an amazing additional income opportunity for this stunning property. With a walk score of 89 and located in the center of the vibrant and creative Rose Corridor, this triplex has tremendous upside potential and the location cannot be beat -- close to the beach, Abbot Kinney, Main Street, and Lincoln Blvd. Refined design with the vibe and convenience of Venice living, a must see for any owner/user or investor! Property can be delivered Vacant at the close of escrow.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T16:31:07.683. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
    www.bestsocalhomesearch.com/homes/117250397
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    705 6Th Avenue Venice, CA 90291

    • Price: $3,295,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 21727910
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1924
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    Reimagined in 2016, with additional enhancements in 2019, this Triplex boasts three immaculately renovated units including one stand-alone 2 bed/1 bath historic Craftsman Cottage; one 3 bed/1 bath Garden Flat; and one 3 bed/1 bath Loft, each with a fully private and beautifully landscaped courtyard garden. Plus, plans for a brand new 2 bed/1bath ADU w/rooftop & garage along with expansion plans for a second story addition to the Cottage, created by a renowned Venice architect. These plans provide an amazing additional income opportunity for this stunning property. With a walk score of 89 and located in the center of the vibrant and creative Rose Corridor, this triplex has tremendous upside potential and the location cannot be beat -- close to the beach, Abbot Kinney, Main Street, and Lincoln Blvd. Refined design with the vibe and convenience of Venice living, a must see for any owner/user or investor! Property can be delivered Vacant at the close of escrow.
    Exterior Features

    Architectural Style Bungalow Parking Features Driveway Pool Features None Pool Private YN No Roof CompositionShingle Spa Features None Spa YN No

    Interior Features

    Appliances DishwasherElectric CooktopGas CooktopDisposalMicrowaveOvenRangeRefrigeratorRange HoodDryerWasher Fireplace Features Living Room Fireplace YN Yes Flooring TileWood Heating Wall Furnace Heating YN Yes

    Property Features

    Buyer Financing Cash Community Features Gated Disclosures Coastal Commission RestrictionsCoastal ZoneRent Control Gross Income 229200 Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 150276 Property Condition Updated/Remodeled Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lard1.5

    Listing provided courtesy of Tyler Kunkle of Pardee Properties and Tamra (Tami) Pardee of Pardee Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T16:31:07.683. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
     
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