101 Dudley Ave 29 Unit Apartment Building For Sale Venice, CA 90291

IREA is proud to exclusively offer 101 Dudley Ave. Currently unpriced, 101 Dudley Ave is one of Venice’s most iconic buildings and has been a Venice mainstay since its inception in 1914. A highly visible property on Pacific Avenue, the property is a premier Venice location just steps from The World-Famous Venice Beach & Boardwalk.
Dudley Avenue itself is actually a public footpath designed for convenient beach access. Altogether, the property is 29-units, 22 of which are guest-rooms with common area bathrooms which lock for privacy and are kept clean by property management and the balanced is comprised of six studios and one 1 bedroom/1 bath unit.. The property also features 11 surface parking spaces (a luxury for the area), all of which collect additional income. Given the ideal location and unit-mix, there’s a unique optionality in a major value add opportunity with modernization of the units. . The property features on-site laundry, entry courtyard, and is a secured access building. Buyer to verify all info.
This is a rare opportunity to acquire Venice history. The property is well-located in one of the most celebrated and coveted locations in the country. There’s no short-age of options with immediate proximity to well-known retail destinations, eateries, and entertainment. The area is anchored by Main Street, Abbot Kinney, and Rose Avenue – all within a short walk. Google Venice, home to 500 employees, is within one block. The property is at the center of everything Venice. Adjacent neighbor-hoods include Santa Monica and Silicon Beach.