340 Brooks Avenue

    Venice, CA 90291
    • $1,995,000
    • STATUS: Active
    • ON SITE: 90 days
    • ID#: PW18196135
    UPDATED: 61 min ago
    $1,995,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,472
      SQFT
    • $1,355
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:
    Area:

    School Ratings & Info

    Description

    RARE INVESTMENT OPPORTUNITY IN VENICE. This well maintained ABBOT KINNEY adjacent TRIPLEX is perfect for Developers, Investors, or Owner-Users. Situated on a 5,197 sq.ft. lot, these original 1920+GGs California bungalows have all been updated with modern conveniences, hardwood floors, custom wood and glass doors, and custom handcrafted cabinets. The units are bright and spacious with plenty of natural sunlight throughout. A private fenced yard includes through parking with both alley or street access. Located one block from Abbot Kinney Boulevard and only a short walk to historic Rose Avenue and the Venice Boardwalk, this property would be a welcome compliment to any investment portfolio.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. 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. Licensed in the State of California, USA.
    www.mainstreetgroup.com/homes/86516090

    340 Brooks Avenue Venice, CA 90291

    • Price: $1,995,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: PW18196135
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,472
    SQFT
    $1,355
    $/SQFT
    1924
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    RARE INVESTMENT OPPORTUNITY IN VENICE. This well maintained ABBOT KINNEY adjacent TRIPLEX is perfect for Developers, Investors, or Owner-Users. Situated on a 5,197 sq.ft. lot, these original 1920+GGs California bungalows have all been updated with modern conveniences, hardwood floors, custom wood and glass doors, and custom handcrafted cabinets. The units are bright and spacious with plenty of natural sunlight throughout. A private fenced yard includes through parking with both alley or street access. Located one block from Abbot Kinney Boulevard and only a short walk to historic Rose Avenue and the Venice Boardwalk, this property would be a welcome compliment to any investment portfolio.
    Exterior Features

    Garage Spaces 0.00 Lot Features Back Yard Lot Size Units Acres Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 100800.00 Gross Scheduled Income 100800.00 Insurance Expense 515.00 Land Lease YN No Laundry YN No Maintenance Expense 1950.00 Net Operating Income 67223.00 New Construction YN No New Taxes Expense 24938.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Operating Expense 30553.00 Other Expense 3150.00 Other Expense Description Res. & U Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 30553.00 Trash Expense 0.00 Vacancy Allowance 3024 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Justin White of Justin White.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. 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. Licensed in the State of California, USA.
     
    Mainstreet Realtors®
    8577 Haven Ave, Suite 100
    Rancho Cucamonga CA, 91730