Listing Courtesy of: Narinderpaul Badhan - Westgate Property Group Inc.
$1,385,000
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563 Westminster Avenue Venice (los Angeles), CA 90291
Other
Residence
5
Beds
Baths
Sq. Ft.
0.12
Acre
Lot
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days
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Fantastic tenants-in-common investment opportunity in Venice! Own 50% of a triplex for less than the price of a condo! Why pay HOA's when you can collect rental income. The property is located in one of the most desirable pockets in Venice just two blocks to Abbott Kinney and five blocks to world fa...mous Venice Beach. This amazing triplex consists of a 1926 California bungalow and a 1989 tri-level duplex (no local rent control). The 1400 sq. ft., 2bed + 2 bath, townhouse style duplex units were renovated in 2010 and have 20-foot living room ceilings and loft primary bedrooms with custom en-suite bathrooms. All 3 units have hardwood floors, fireplaces and washer and dryers. In addition, each unit comes with 2 parking spaces (1 garage and 1 gated off street) plus storage. The bungalow has a front and side yard while the duplex units each have a balcony to enjoy the beautiful beach weather. Whether you are looking for a savvy investment with a steady income stream or a wonderful place to call home, this triplex has it all. Great for 1031 exchanges! PLEASE DO NOT DISTURB TENANTS.
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MLS#
CL23317061
Property Type
Other
Bedrooms
5
Year Built
1926
Lot Size
0.12
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