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627 California Ave
Venice, CA 90291
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Prime Venice Beach Location Steps from the Famous Abbott Kinney Blvd
- A Unique Condo Development or Value Add Opportunity Near all the Shops, Restaurants, Nightlife in Venice Beach
- Four (4) Individual Garage’s in the Back | Rented for Additional Income
- The Property Consists of 5 Individual Bungalow Units, built in 1936
- LARD 1.5 Zoning with Alley Access on a 6,754 SqFt Lot Size with Lot Dimensions of 45’ x 179’
- Extremely Low Operating Expenses | Tenants pay for Gas, Electric, & Trash | Landlord only pays for Water & Gardener
Property Facts
| No. Units | 5 | Building Size | 2,006 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1936 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | RD1.5, Los Angeles | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,006 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1936 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | RD1.5, Los Angeles |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 2 | - | - |
Property Taxes
| Parcel Number | 4239-029-022 | Improvements Assessment | $384,262 |
| Land Assessment | $1,537,053 | Total Assessment | $1,921,315 |
Property Taxes
Parcel Number
4239-029-022
Land Assessment
$1,537,053
Improvements Assessment
$384,262
Total Assessment
$1,921,315
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