123 Park Place, Venice, CA 90291

Photo 1

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.


Interior Features

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

Listing Information

Address 123 Park Place
City Venice
State CA
Zip 90291
County Los Angeles
Listing Agent Michelle Nissani DRE #01330453
Courtesy Of Douglas Elliman
Close Price $1,835,000
Status Closed
Type Residential Income
Structure Size 2,008
Lot Size 2,250
Year Built 1965

Listing information courtesy of: Michelle Nissani, Douglas Elliman. *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.