This Multifamily Property is Off-Market.

101 Dudley Avenue
Venice, CA 90291 ·

29 Units · Multifamily For Sale

N/A

Print

Multifamily Property For Sale

Price N/A Property Use Type Investment
No. Units 29 Commission Split 2%
Building Size 18,792 SF Cap Rate 5.70%
Property Type Multifamily Gross Rent Multiplier 13.78
Property Sub-type Mid/High-Rise Lot Size 6,059 SF
Listing ID: 16740007 Date Created: 06/28/2010 Last Updated: 04/01/2011

Description

AMAZING VENICE BEACH/SANTA MONICA BORDER DEVELOPMENT OPPORTUNITY - 4 CONTIGUOUS LOTS.

THIS PROPERTY IS ADJACENT TO 109 DUDLEY, AN ARCHITECTURAL SINGLE FAMILY HOME (MLS # 10- 471921, ALSO LISTED ON LOOPNET). PROPERTY TO EAST OF 109 IS ALSO FOR SALE. TOGETHER, THESE THREE PROPERTIES COMPRISE FOUR CONTIGUOUS LOTS - WHICH OFFER EXTRAORDINARY POTENTIAL FOR DEVELOPMENT IN THIS PRIME BEACH AREA. SELLERS HIGHLY MOTIVATED. CALL FOR DETAILS. (Properties to be sold completely independently by three different owners.) Perfect west facing location just 1 block to the sand & 1 block to Main Street for fine dining, entertainment, art and shopping. Abbot Kinney Boulevard is just a few blocks away. Easy access to 10 Fwy. 11 Parking Spaces. Extensively updated in 2003: new roof, breakers, partial copper plumbing, electrical, heating, new ceilings, carpeting and hardwood floors, building master metered (water, gas and electric), retrofitted, security camera. Build a rooftop deck for amazing ocean and city views. Extremely low vacancy rates. A very rare and exciting opportunity for savvy investors with vision.

Pacific Avenue at Dudley Avenue, between Rose and Brooks.

Research

101 Dudley Avenue, Venice, CA 90291 (Los Angeles County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)