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123 Park Place

Venice, CA 90291

– beds
– baths
– sqft
2,250 sqft lot
1965 build
– on site

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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.

Listed By CRMLS_CA / Michelle Nissani / Douglas Elliman

Last checked: Checking… • Last updated Jun 21, 2024 •

MLS# 23267293 —

The Building

Year Built:

1965
New Construction:

No
Building Area Total:

2008.00
# of Buildings:

1
Total Number Of Units:

4
Stories Total:

2

Interior

Features:

Ceiling Fan(s)
Levels:

Multi/Split
Laundry:

Community
Laundry:

1

Location

Directions:

West of Main, East of Pacific, South of Rose and North of Abbot Kinney/Brooks
Latitude:

33.99259200
Longitude:

-118.47503900

The Property

Property Type:

Residential Income
Zoning:

LARD1.5
Lot Size Area:

2250.0000
Lot Size Acres:

0.0517
Lot Size SqFt:

2250.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4286014022

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Appliances

Appliances:

Dishwasher, Refrigerator
Included:

Yes

The Community

Senior Community:

No
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Carport
Parking Spaces:

6.00
Uncovered Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/22/24 Apr 22, 2024		BRIDGE	$1,950,000
6/5/23 Jun 5, 2023		BRIDGE	$1,950,000
5/4/23 May 4, 2023	Listed / Active	CRMLS_CA	$1,950,000	77.3% (7.9% / YR)

Multifamily Sold on 6/21/2024

$1,835,000

Listing provided by broker:

Michelle Nissani

Douglas Elliman

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Listing Courtesy of: CRMLS_CA and Douglas Elliman. Based on information from California Regional Multiple Listing Service, Inc. as of 23:55 on Nov 23.

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.

123 Park Place

Venice, CA 90291