652 Vernon Ave
Venice, CA 90291
30bd 3 Site Employee/Sober Living Lease! · Property For Lease · 4,148 SF

NEW LEASE LISTING! Prime Venice Location Just Blocks from the Beach! Rare 3 Building Turn-key Sober Living/NPO or Employee Housing Portfolio 30 beds/24 baths total in Venice off Rose/Venice/Abbot Kinney/Santa Monica. Delivered to new tenant TURN-KEY and fully remodeled at MOVE-IN and ready for occupancy /luxury housing. DWG Capital Group, as exclusive advisor, is pleased to present for lease 3 prime TURN-KEY properties, to be delivered fully redeveloped all in prime Venice/Abbot Kinney/Rose area. LEASE AVAILABILITY SUMMARY: ADDRESSES: 652 Vernon Ave, 643 Broadway St, and 543 Indiana Ave, Venice California GLA: 12,177 sf+ LAND: 18,000+ UNITS/BEDS/ BATHS: 3 fourplexes with four units — two 3 bed/2 bath units and two 2 bed/2 bath units — 30 beds / 24 baths total. PARKING: 12 SPACES + Stackable Overflow + Ample Street Parking SPACE/LEASE HIGHLIGHTS: RARE PRE-CONSOLIDATED PROXIMATE PORTFOLIO: Three fully remodeled fourplexes with 30 beds / 24 baths total. All three buildings have 4 units — two 3 bed/2 bath units and two 2 bed/2 bath units. All properties are walking distance from one another for great ease of management, effective branding and use. ABSOLUTE TURN-KEY: New floors, windows, bathrooms, kitchens and appliances! All three properties currently being fully gutted offering both new stylish interiors and exteriors. Ideal for NEW Sober Living/NPO/ Employee Housing use. EXCELLENT LOCATION: Just blocks from the Pacific Ocean, the Portfolio is located south of busy Rose Avenue, five blocks from popular Main Street, three blocks from hip Abbot Kinney Boulevard in Venice. The properties all sit adjacent to many shops and eateries such as; Café Gratitude, Venice Gold’s gym, The Butchers Daughter, Whole Foods Market, Hal’s Bar and Grill, The Other Room and more. A short drive, beach cruiser or even a electric BIRD scooter puts you right into the highly walked and bike friendly Abbot Kinney Boulevard, Santa Monica Pier, Venice Beach and Washington Pier/Venice waterside areas. HIGHLY ACCESSIBLE TO PACIFIC OCEAN ADJACENT LIVING: The Property also benefits from great ease of citywide access via nearby Lincoln Blvd, the I-10 Freeway and PCH. LACK OF HOUSING AFFORDABILITY/OPPORTUNITY: With very high rents ($5psf+) for new or rehabbed units and a growing significant affordability gap for unified rentable properties to be leased in the area, this unique smaller to be “HIP WELL BRANDED SOBER LIVING or NPO BASED HOUSING OR EMPLOYEE HOUSING” portfolio is ideal for beach side expansion of up to 30 Beds+ (*pending use by tenant). The sites are also ideal for a small startups, like the nearby Snapchat employee housing site and others in the ever expanding beach tech/start up markets. NEW LEASE LISTING! Rare 3 Building Proximate "For Lease Portfolio"In Prime Venice Location Just Blocks from the Beach! Rare 3 Building Turn-key Sober Living/NPO or Employee Housing Portfolio. Three fully remodeled fourplexes with 30 beds / 24 baths total. Superior blocks to the the Ocean, Venice off Rose/Venice/Abbot Kinney/Santa Monica Location. ABSOLUTE TURN-KEY: New floors, windows, bathrooms, kitchens and appliances at delivery.