14 Westminster Ave | Venice, CA 90291
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- LoopNet Team
14 Westminster Ave
Venice, CA 90291
Trophy Venice 24 units One Block to the Beach · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- Portfolio sale 14 and 40 Westminster: $16,890,000. 42 units total 1 block from the Venice beach
- Still some Value-Add and Upside Potential
- Properties are in Excellent Condition with Capital Improvements Made and Remodeling of the Units
PROPERTY FACTS
| No. Units | 24 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 9,350 SF |
| Property Subtype | Apartment | Average Occupancy | 96% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1912/2018 |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.07 AC |
| Building Size | 9,350 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built/Renovated | 1912/2018 |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 1+1 | 9 | - | - |
| Studios | 12 | - | - |
PROPERTY TAXES
| Parcel Number | 4226-006-005 | Improvements Assessment | $928,557 |
| Land Assessment | $8,489,664 | Total Assessment | $9,418,221 |
PROPERTY TAXES
Parcel Number
4226-006-005
Land Assessment
$8,489,664
Improvements Assessment
$928,557
Total Assessment
$9,418,221
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