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621 San Juan Ave

Venice, CA 90291
  • $7,950,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 21-782664
UPDATED: 48 min ago
$7,950,000
  • 12
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $994
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2008
County:
Area:

School Ratings & Info

Description

Rare Modern 2008 Construction Fourplex in the heart of Venice, steps to Abbot Kinney, Rose Avenue and the beach. Located on a palm tree lined residential street, this striking architectural income property is on a double lot and offers Four x 3 Bed/3 Bath units NOT subject to Rent Control. The property has been mapped as 4 individual condo units providing future owners tremendous flexibility and incremental access to liquidity. Indoor/Outdoor flow embraces the coastal environment and captures the essences of Venice living. Individual gated entrances through landscaped courtyards, in-unit washer/dryers, expansive private roof decks and dedicated parking spaces for each unit. Available to show to qualified buyers with accepted offer only.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-07T12:42:58.407. 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/121393753
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621 San Juan Ave Venice, CA 90291

  • Price: $7,950,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 48 min ago
  • MLS #: 21-782664
12
Beds
0
Baths
0
½ Baths
0.23
Acres
8,000
SQFT
$994
$/SQFT
2008
Built
Neighborhood:
Venice
County:
Los Angeles
Area:
Venice
Property Description
Rare Modern 2008 Construction Fourplex in the heart of Venice, steps to Abbot Kinney, Rose Avenue and the beach. Located on a palm tree lined residential street, this striking architectural income property is on a double lot and offers Four x 3 Bed/3 Bath units NOT subject to Rent Control. The property has been mapped as 4 individual condo units providing future owners tremendous flexibility and incremental access to liquidity. Indoor/Outdoor flow embraces the coastal environment and captures the essences of Venice living. Individual gated entrances through landscaped courtyards, in-unit washer/dryers, expansive private roof decks and dedicated parking spaces for each unit. Available to show to qualified buyers with accepted offer only.
Exterior Features

Lot Size Area 9980 Other Structures None Parking Garage Gated Style Modern Total Parking 8 View Description Peek-A-BooCourtyardTree Top View YN Yes

Interior Features

Baths Total 12.00 Cooking Appliances Gas Cooling Ceiling Fan Den No Dining Room No Equipment DryerWasherCeiling FanRefrigeratorGarbage DisposalFreezer Family Room No Heating Central Laundry In Unit Rooms Patio OpenBreakfast Bar

Property Features

Assessed Total Value 7006053 Gross Income 480000 Gross Operating Income 465600 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 355560.00 Number Of Buildings 2 Number Of Units 4 Rent Control YN No Sale Type Standard Source Living Area Estimated Source Lot Size Area Assessor Total Annual Expense 110040 Type Of Units 3B/3B Year Built Source Assessor Zoning Lard1.5

Listing provided courtesy of Jacob Zacuto DRE#01377441 of Zacuto Group.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-07T12:42:58.407. 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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Indian Wells CA, 92210