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523 Main St
Venice, CA 90291
523 Main · Multifamily Property For Sale
·
5 Units
Investment Highlights
- Fully Vacant
- Walking Distance to Abbot Kinney Boulevard & Rose Avenue
- Pro Forma Cap rate of 4.5%
- Prime Venice Beach Location
- 95 out of 100 Walk Score and 100 out of 100 Bike Score
- Ready to Move-In Condition
Property Facts
| No. Units | 5 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 1,536 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1925/2019 |
| Zoning | LAR3 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 1,536 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built/Renovated | 1925/2019 |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Fireplace
- Microwave
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Garden
- Porch
Site Amenities
- Courtyard
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 300 - 336 |
Property Taxes
| Parcel Number | 4286-016-034 | Improvements Assessment | $244,800 |
| Land Assessment | $1,387,200 | Total Assessment | $1,632,000 |
Property Taxes
Parcel Number
4286-016-034
Land Assessment
$1,387,200
Improvements Assessment
$244,800
Total Assessment
$1,632,000
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