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    1630 Electric Avenue

    Venice, CA 90291
    • $1,799,000
    • STATUS: Active
    • ON SITE: 47 days
    • ID#: 21704808
    UPDATED: 80 min ago
    $1,799,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,541
      SQFT
    • $1,167
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:
    Area:

    School Ratings & Info

    Description

    This 1955 Venice beach duplex with detached 2 car garage offers both the potential for development or continued rental income. The building currently has two month to month tenants in 2 bedroom / 1 bath units. The property is in good condition, updated roughly 8 years ago, but the option to scrape the lot and build back 2, 2,500 sq ft 2 story condos make this deal very attractive to developers and investors. Were just a short 1/2 block off Abbot Kinney on a quiet one-way street. Detached 2 car garage could potentially be converted into an ADU. Buyer to verify all. Contact the listing agent for showing times and other questions.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-06T13:37:12.183. 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 or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.debonishomes.com/homes/115290271
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    1630 Electric Avenue Venice, CA 90291

    • Price: $1,799,000
    • Status: Active
    • Updated: 80 min ago
    • ID#: 21704808
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1,541
    SQFT
    $1,167
    $/SQFT
    1955
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    This 1955 Venice beach duplex with detached 2 car garage offers both the potential for development or continued rental income. The building currently has two month to month tenants in 2 bedroom / 1 bath units. The property is in good condition, updated roughly 8 years ago, but the option to scrape the lot and build back 2, 2,500 sq ft 2 story condos make this deal very attractive to developers and investors. Were just a short 1/2 block off Abbot Kinney on a quiet one-way street. Detached 2 car garage could potentially be converted into an ADU. Buyer to verify all. Contact the listing agent for showing times and other questions.
    Exterior Features

    Construction Materials Stucco Direction Faces West Entry Location Main Level Foundation Details Raised Pool Features None Pool Private YN No Roof CompositionShingle Spa Features None Spa YN No View City Lights View YN Yes

    Interior Features

    Accessibility Features None Appliances Gas CooktopDisposalRefrigerator Cooling None Cooling YN No Fireplace Features BathFamily RoomKitchenOutside Fireplace YN Yes Flooring LaminateWood Interior Features Living Room Deck AttachedStorageTandem

    Property Features

    Community Features Gated Gross Income 82800 Land Lease YN No Laundry Features In Garage Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 80000 Property Condition Repairs Cosmetic Security Features Gated Community Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Vacancy Allowance Rate 0 Zoning Lar2

    Listing provided courtesy of Marcus Miceli of Initiate Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-06T13:37:12.183. 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 or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The DeBonis Team | Keller Williams Realty
    19040 Van Buren Boulevard #107
    Riverside CA, 92508