2508 Pacific Avenue

    Venice, CA 90291
    • $3,046,000
    • STATUS: Active
    • ON SITE: 17 days
    • ID#: 18351382
    UPDATED: 42 min ago
    $3,046,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,476
      SQFT
    • $876
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:
    Area:

    School Ratings & Info

    Description

    Located in the heart of Venice! One of 3 buildings being sold (2504, 2508, 2510 Pacific Avenue). THIS IS A LEGAL 4 UNIT BUILDING. City required soft story retrofit was completed in 2018. The building consists of a studio/1 bath, 1 bedroom/1 bath, 2 bedroom/2 bath, 3 bedroom/2 bath. 5 car carport parking. 3 of the 4 units have been completely remodeled. All units have new windows and new heating & air conditioning. Coin operated laundry in the building shared with all 4 units. Complex is fully gated with intercom system.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T07:29:31.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84297573

    2508 Pacific Avenue Venice, CA 90291

    • Price: $3,046,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: 18351382
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    3,476
    SQFT
    $876
    $/SQFT
    1971
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    Located in the heart of Venice! One of 3 buildings being sold (2504, 2508, 2510 Pacific Avenue). THIS IS A LEGAL 4 UNIT BUILDING. City required soft story retrofit was completed in 2018. The building consists of a studio/1 bath, 1 bedroom/1 bath, 2 bedroom/2 bath, 3 bedroom/2 bath. 5 car carport parking. 3 of the 4 units have been completely remodeled. All units have new windows and new heating & air conditioning. Coin operated laundry in the building shared with all 4 units. Complex is fully gated with intercom system.
    Exterior Features

    Carport Spaces 5.00 Lot Size Units Square Feet Parking Features CarportAssigned Parking Total 5.00 Parking YN Yes

    Interior Features

    Cooling Electric Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 4.16 Gross Multiplier 22.00 Gross Operating Income 137236.00 Land Lease YN No Laundry YN Yes Net Operating Income 126636.00 Special Listing Conditions Standard Total Expenses 10600.00 Zoning Lard1.5

    Listing provided courtesy of Kacey Barnett of Sail Realty and Timothy Doyle of Sail Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T07:29:31.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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