10 27th Ave, Venice, CA 90291

OFF-Market, Contact for Price

10 27th Ave, Vencie, CA 90291
Rare Income Property 4 Units 1 Bed, 1 Bath, 2 Parking Spots Each, 2,632 sqft, 2,644 sqft Lot

Property Description

Ā Prime and rare 4 unit building, renovated and updated in 2022, is literally one house from the sand with direct access to world-renowned Venice Beach, volleyball, yoga, best shops, and restaurants. Situated on the corner of 27th Ave and Speedway, each unit is light-filled, airy, cozy, contemporary, and fully furnished with high-quality cabinetry, artwork, stainless appliances, washer/dryer, TVs, linens, plates, silverware, and beautiful wood vinyl flooring. Plumbing and electrical have been updated to current codes. 9-car parking lot contiguous to the two-story building. ADU can be built on top of the parking ground for additional rental income plus an ocean view rooftop (As of 2022, the city allows developers additional 3ft height which brings the cost of builders down for creating a deeper foundation. Please ask the city for full info and more detail.). Tremendous upside potential. Short term rentals/Airbnb will bring increased income if managed correctly. Great owner user. All units are easy to show and can be delivered vacant.

Property Details Overview
  • Property Type: Income
  • Venice Beach
  • Property Size: 2,657 sq ft
  • Year Built: 1925
  • Parking: 2 Spaces for each unit plus a guest spot, 9 spaces total
  • Each unit equipped with its own washer and dryer
  • Nearby Schools: Westminster Elementary. 1010 Abbot Kinney Blvd, Venice 90291. Broadway Elementary. 1015 Lincoln Blvd, Venice 90291. Coeur d’Alene Avenue School. Walgrove Elementary. Westside Global Awareness Magnet (K-8). Ocean Charter School (K-8). Goethe International Charter School (K-8). Mark Twain Middle School.
  • Views: Ocean (one home from the sands)
  • MLS Number N/A
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