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21 Wavecrest Ave

Venice, CA 90291
  • $2,650,000
  • STATUS: Active
  • ON SITE: 69 Days
  • MLS #: 21-787646
Price Reduced
UPDATED: 51 min ago
$2,650,000
  • 6
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,160
    SQFT
  • $1,227
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Area:

School Ratings & Info

Description

*PRICE REDUCTION* Location, Location, Location! This prime trophy Venice Beach Duplex is steps from the beach and world-famous oceanfront boardwalk. Investors dream or owner/user property with tremendous income potential. Two Architectural 3 bedroom / 2 bath units which can be delivered vacant that are ideal for short or long-term rentals, along with an additional studio unit. Amazing Venice property with a yoga studio and live/work office space. This 7 bedroom / 5 bath property is beautifully maintained with gorgeous finishes. 6 parking spaces, mature trees, skylights, exterior decks, and an abundance of natural light, this is an opportunity not to be missed. Close proximity to Abbott Kinney, trendy restaurants, lounged, wellness centers and clubs - this is the ideal property for anyone looking for peace, tranquility, and entertainment. Perfect for an investor or an owner/user; this property is the gem of Venice Beach.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-03T09:42:27.863. 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.
www.deserthouseseekers.com/homes/121767636
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21 Wavecrest Ave Venice, CA 90291

  • Price: $2,650,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 51 min ago
  • MLS #: 21-787646
6
Beds
0
Baths
0
½ Baths
0.06
Acres
2,160
SQFT
$1,227
$/SQFT
1980
Built
Neighborhood:
Venice
County:
Los Angeles
Area:
Venice
Property Description
*PRICE REDUCTION* Location, Location, Location! This prime trophy Venice Beach Duplex is steps from the beach and world-famous oceanfront boardwalk. Investors dream or owner/user property with tremendous income potential. Two Architectural 3 bedroom / 2 bath units which can be delivered vacant that are ideal for short or long-term rentals, along with an additional studio unit. Amazing Venice property with a yoga studio and live/work office space. This 7 bedroom / 5 bath property is beautifully maintained with gorgeous finishes. 6 parking spaces, mature trees, skylights, exterior decks, and an abundance of natural light, this is an opportunity not to be missed. Close proximity to Abbott Kinney, trendy restaurants, lounged, wellness centers and clubs - this is the ideal property for anyone looking for peace, tranquility, and entertainment. Perfect for an investor or an owner/user; this property is the gem of Venice Beach.
Exterior Features

Covered Parking 6 Entry Location Ground Level W/Steps Lot Location Alley AccessBeach AccessBeach Front Lot Size Area 2698 Other Structures Other Parking Garage Garage - 4+ CarCovered ParkingDoor OpenerPrivate Garage Patio Features BalconyDeck(S) Pool Description None Pool YN No Spa None Spa YN No Total Parking 6 Water Frontage Ocean

Interior Features

Baths Total 4.00 Cooling Air Conditioning Equipment DishwasherDryerGarbage Disposal Heating Combination Laundry Garage Laundry Equipment Own

Property Features

Alley YN Yes Assessed Total Value 2489593 Gross Income 17000 Gross Operating Income 204000 Like Units1 2 Net Operating Income 153000.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 51000 Type Of Units Duplex Units Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Jordan Lamp DRE# of Revel Real Estate.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-03T09:42:27.863. 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.
 
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