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600 Flower Ave

Venice, CA 90291
  • $3,350,000
  • STATUS: Active
  • ON SITE: 161 days
  • MLS #: 21-676408
$3,350,000
  • 6
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,339
    SQFT
  • $528
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1987
County:
Area:

School Ratings & Info

Description

A fantastic investment opportunity awaits in prime Venice with this 5-unit loft-style building on a corner lot in the heart of Silicon Beach, just a block south of the restaurants and shops of bustling Rose Ave. Designed by internationally recognized LA architect Ted Tanaka, each spacious apartment stuns with high ceilings, an open floor plan, and an abundance of natural light. The majority of the units have new HVAC mini-split systems, and some feature other modern upgrades such as newer kitchens, bathrooms, and flooring. Two units include private patios/garden space, three feature large skylights, and there's off-street parking allotted for 8-9 cars. The building is comprised of four 1-bed, 1 bath units plus one larger 2-bed, 2 bath two-story unit.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-16T23:42:40.65. 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/113052535
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600 Flower Ave Venice, CA 90291

  • Price: $3,350,000
  • Status: Active
  • MLS #: 21-676408
6
Beds
0
Baths
0
½ Baths
0.22
Acres
6,339
SQFT
$528
$/SQFT
1987
Built
Neighborhood:
Venice
County:
Los Angeles
Area:
Venice
Property Description
A fantastic investment opportunity awaits in prime Venice with this 5-unit loft-style building on a corner lot in the heart of Silicon Beach, just a block south of the restaurants and shops of bustling Rose Ave. Designed by internationally recognized LA architect Ted Tanaka, each spacious apartment stuns with high ceilings, an open floor plan, and an abundance of natural light. The majority of the units have new HVAC mini-split systems, and some feature other modern upgrades such as newer kitchens, bathrooms, and flooring. Two units include private patios/garden space, three feature large skylights, and there's off-street parking allotted for 8-9 cars. The building is comprised of four 1-bed, 1 bath units plus one larger 2-bed, 2 bath two-story unit.
Exterior Features

Lot Location Corner Lot Lot Size Area 9452 Other Structures None Parking Garage UncoveredOther Pool Description None Pool YN No Spa None Spa YN No Style Contemporary Total Parking 8

Interior Features

Baths Total 6.00 Cooling Air ConditioningMulti/ZoneOther Equipment Other Flooring Other Heating Other Laundry Community

Property Features

Assessed Total Value 1339516 Gross Income 196800 Gross Operating Income 191206 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 111609.16 Number Of Buildings 1 Number Of Units 5 Rent Control YN No Sale Type Standard Security Features Gated Source Living Area Vendor Enhanced Source Lot Size Area Assessor Total Annual Expense 79596.84 Type Of Units Residential Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Diana Braun DRE#01362342 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-16T23:42:40.65. 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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Zwemmer Realty Group | Keller Williams Realty
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