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Exclusive Realty, Inc.
2945 Westwood Blvd
Los Angeles, CA 90064
Phone: 310-441-0111
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Listing 3 out of 17
$3,398,000 For Sale

565 Westminster Avenue #1
Venice, CA 90291

9 beds | Residential Income
4,014 sq ft - MLS# 19485230
Property Photo
1/15

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.

Features

  • Property Type: Residential Income
  • Sub Type: Fourplex
  • Listing Status: Active
  • County/Area: Los Angeles County
  • Zip Code: 90291
  • Year Built: 1962
  • Subdivision/Neighborhood: Venice (C11)
  • Sq.Ft.: 4,014 sq ft
  • Stories: 2-Story
  • Bedrooms: 9
  • # of Parking Spaces: 4
  • Zoning: LARD1.5
  • Adjusted Gross Income: 199860.00
  • Agent License Number: 01524947
  • City Code: 10000052232
  • Expense Total Annual: 19633.00
  • Gross Operating Income: 199860.00
  • Gross Rent Multiplier: 17.00
  • Lot Size SQFT: 5205
  • Lot Size Source: Public Records
  • Net Operating Income: 180227.00
  • Number Of Buildings: 1
  • Other Structural Features: Balcony
  • Parking Type: Carport Attached
  • Square Footage Source: Appraiser
  • Total Floors: 2
  • Unit Furnished01: Unfurnished
  • Unit Furnished02: Unfurnished
  • Unit Furnished03: Unfurnished
  • Unit Furnished04: Unfurnished
  • Unit Furnished05: Unfurnished
  • Unit Furnished06: Partially
  • Unit Furnished07: Partially
  • Unit Furnished08: Partially
  • Unit Furnished09: Partially
  • Unit Furnished10: Partially
  • Unit Furnished11: Partially
  • Unit Furnished12: Partially
  • Unit Furnished13: Partially
  • Unit Monthly Rent01: 5251.45
  • Unit Monthly Rent02: 3496.73
  • Unit Monthly Rent03: 3432.00
  • Unit Monthly Rent04: 4407.83
  • Unit Number Of Bath01: 2.0
  • Unit Number Of Bath02: 1.0
  • Unit Number Of Bath03: 1.0
  • Unit Number Of Bed01: 3
  • Unit Number Of Bed02: 2
  • Unit Number Of Bed03: 2
  • Unit Number Of Bed04: 2
  • Units In Complex: 4
  • h: 1.0
Courtesy of Bulldog Realtors, Inc., Winston Cenac (CalBRE: 01524947)

 



2945 Westwood Blvd - Los Angeles, CA 90064 - (310) 441-0111 - Email Us
Exclusive Realty, Inc. Is licensed in the State of California
Department of Real Estate License #01836728
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