123 Park Place

Venice, CA 90291

$1,835,000

Sold Price
2

bed Beds

4

shower Baths

2,008 sqft

straighten / sqft

1965

calendar_month Built

Property Description

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.

Listing Information

Close Price $1,835,000
Close Date Friday, June 21st, 2024
Status Closed
MLS 23267293
Type Residential Income
Year Built 1965
Lot Size 2,250
Structure Size 2,008
DOM 354
Courtesy Of Douglas Elliman
Listing Agent Michelle Nissani DRE#01330453

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 4
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Michelle Nissani, Douglas Elliman 310-413-8780. *Based on information from the Association of REALTORS/Multiple Listing as of Jun 21st, 2024 at 10:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.