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UNIT MIX 4 One Bedroom - 1 Bath 27 Single - 1 Bath
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| 31 Units off the Venice Boardwalk - ACTIVE
2 Breeze Avenue
Venice, CA 90291
On the famous Venice Beach Boardwalk
Thomas Guide: 671 6G
Click
here for a map
Purchase Price:
$14,950,000
Annual scheduled gross income:
$1,100,000 |
Year built: 1930
Zoning: LAC1
Lot Size: 4,400
Building Square Feet: 15,408
Parking: None |
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COMMENTS
Prime Venice Beach LOCATION, LOCATION! World Famous Venice Beach Boardwalk! Totally renovated in 2008, copper plumbing, new electrical, Ceasarstone countertops & much more. Rooftop deck with ocean views & most units have ocean views. Ocean view units will bring higher rents. Currently operating 29 units as monthly/weekly rentals most can be vacant at close of escrow. View more photos at www.venicebreezesuites.com *Can be purchased with 3 other furnished rental buildings in Venice Beach (96 Total Units). Demand for Extended Stay is growing for economizing business & pleasure travelers. Venice Beach continues to be the second most visited destination in Southern California.
FINANCIAL DETAILS
Total Expenses:
$459,000
Scheduled Monthly Income:
$91,667
Scheduled Annual Income:
$1,100,000 |
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| Broker # 00860625 - The information presented here is based upon sources we deemed to be reliable, but for which we assume no responsibility. |
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UNIT MIX 12 One Bedroom - 1 Bath 20 Single - 1 Bath
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| 32 Units on the Venice Boardwalk - ACTIVE
417 Ocean Front Walk
Venice, CA 90291
On the famous Venice Beach Boardwalk
Thomas Guide:
Click
here for a map
Purchase Price:
$10,500,000
Annual scheduled gross income:
$1,100,000 |
Year built: 1921
Zoning: LAR3
Lot Size: 4922
Building Square Feet: 15,240
Parking: None |
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COMMENTS
In Prime Venice Beach LOCATION, LOCATION! World Famous Venice Beach Boardwalk! Totally rehabbed in 2001, copper plumbing, new electrical, Granite countertops & much more. Rooftop deck with ocean views & most units have ocean views. Ocean view units will bring higher rents. Currently operating 32 units as monthly/weekly rentals. 88-90% occupancy. View more photos at venicesuites.com *Can be purchased with 3 other furnished rental buildings in Venice Beach (96 Total Units). Demand for Extended Stay is growing for economizing business & pleasure travelers. Venice Beach continues to be the second most visited destination in Southern California.
FINANCIAL DETAILS
| Financing: $4,571,365 1st 5.23%Fixed 3/1/10 Assumable $1,737,096 2nd 5.92% VIR w/Citibank $6,308,461 Payments: 1st: $24,902 after 2010 VIR 12Mat + 2.35 2nd: $13,803 12 Mat + 2.35 Includes Tax Impounds. 1st and 2nd Loan Maturity Dates: 3/1/2020 |
Total Expenses:
$420,000
Scheduled Monthly Income:
$91,667
Scheduled Annual Income:
$1,100,000 |
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| Broker # 00860625 - The information presented here is based upon sources we deemed to be reliable, but for which we assume no responsibility. |
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UNIT MIX 5 Singles - 1 Baths 1 One Bedroom - 1 Bath
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| 6 Units in Venice SOLD
113 Clubhouse Avenue
Venice, CA 90291
East of Pacific Ave & North of Venice Blvd
Thomas Guide: 671 G6
Click
here for a map
Purchase Price:
$1,150,000
Annual scheduled gross income:
$76,188 |
Year built: 1952
Zoning: LARD1.5
Lot Size: 4487
Building Square Feet: 2516
Parking: 5 Open Spaces & 2 Garages |
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COMMENTS
Prime Venice Beach LOCATION with parking! Lots of opportunity to add value as 5 units can be delivered vacant at close of escrow. Drive by only, do not disturb tenants.
*Units 1-5 can be delivered vacant. $900 is projected rent & Units 2 & 4 will stay on at buyer’s option at above rents
FINANCIAL DETAILS
| 1 | Single, 1 Bath | $ 900* | | 2 | Single, 1 Bath | $ 900* | | 3 | Single, 1 Bath | $ 900* | | 4 | 1 Bedroom, 1 Bath | $ 1300* | | 5 | Single, 1 Bath | $ 900* | | 6 | Single, 1 Bath | $ 949 | | Garage | | $ 250 | | Garage | | $ 250 | |
Total Expenses:
$19,047
Scheduled Monthly Income:
$6,349
Scheduled Annual Income:
$76,188 |
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| Broker # 00860625 - The information presented here is based upon sources we deemed to be reliable, but for which we assume no responsibility. |
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UNIT MIX 7 One Bedroom - 1 Bath 18 Single - 1 Bath
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| 25 Units off the Venice Boardwalk - ACTIVE
29 Navy Street
Venice, CA 90291
Just off the Venice Boardwalk at Navy Street
Thomas Guide: 671 G5
Click
here for a map
Purchase Price:
$5,950,000
Annual scheduled gross income:
$700,000 |
Year built: 1924
Zoning: LARD
Lot Size: 5837
Building Square Feet: 13,849
Parking: None |
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COMMENTS
Prime Venice Beach LOCATION, LOCATION! World Famous Venice Beach Boardwalk! Totally rehabbed in 1993, copper plumbing, new electrical, tile countertops & much more. Rooftop deck with ocean views & several units have ocean views. Ocean view units will bring higher rents. Currently operating 22 units as monthly/weekly rentals most can be vacant at close of escrow. View more photos at veniceadmiralsuites.com
FINANCIAL DETAILS
| CitiBank Financing Assumable: 5.676%, $2,779,198, Payments:$16,200.54 Mat + 2.350% Margin Loan Maturity Date: 3/1/2021 |
Total Expenses:
$298,096
Scheduled Monthly Income:
$58,333
Scheduled Annual Income:
$700,000 |
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| Broker # 00860625 - The information presented here is based upon sources we deemed to be reliable, but for which we assume no responsibility. |
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UNIT MIX 3 Bedroom - 2 1/2 Bath
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| Single Family in Culver City - ACTIVE
11941 Wagner Street
Culver City, CA 90230
One Block South of Inglewood and Culver Blvd
Thomas Guide: 672-E5
Click
here for a map
Purchase Price:
$768,000
Annual scheduled gross income:
N/A |
Year built: 1941
Zoning: LAR1
Lot Size: 6,250
Building Square Feet: 1,858
Parking: Detached Garage |
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COMMENTS
Big features make the house easy to live in. 3 bedroom 2 1/2 bathroom house with extra room for a Library or big Walk in closet/wardrobe. Plus a guest house for 1 + 1. Central Heat and Air Conditioning throughout the main house. Hardwood floors. Plantation shutters. Remodeled Kitchen has very nice Cats Eye Granite counter tops and Michael Graves fixtures. The cook will love the large executive double sink. Sub-Zero fridge. w/ Glass door. Viking gas 5 burner range. Built in Double Oven, Dishwasher, Microwave and Warming Drawer (all are GE Profile). Extra prep. sink w/ disposal. Kitchen cabinetry has many great features from sliding drawers to pull out Pantry spaces. Breakfast nook off of the kitchen leads to step down Family Room with Fireplace. Master bathroom has an extra large spa tub and two sinks. Fruit trees in front yard are Lemon and Oranges.
FINANCIAL DETAILS
Total Expenses:
N/A
Scheduled Monthly Income:
N/A
Scheduled Annual Income:
N/A |
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| Broker # 00860625 - The information presented here is based upon sources we deemed to be reliable, but for which we assume no responsibility. |
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UNIT MIX 2 One Bedroom - 1 Bath 6 Two Bedroom - 1 Bath
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| 8 Units off the Venice Boardwalk - ACTIVE
52 Paloma Avenue
Venice, CA 90291
Just off the famous Venice Beach Boardwalk
Thomas Guide: 671 5G
Click
here for a map
Purchase Price:
$3,200,000
Annual scheduled gross income:
$348,000 |
Year built: 1925
Zoning: LARD
Lot Size: 3528
Building Square Feet: 5359
Parking: None |
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COMMENTS
Prime Venice Beach LOCATION, LOCATION! World Famous Venice Beach Boardwalk! Totally renovated in 2008, copper plumbing, new electrical, Ceasarstone countertops & much more. Currently operating 6 units as monthly/weekly rentals most can be vacant at close of escrow. View more photos at www.venicepalomasuites.com *Can be purchased with 3 other furnished rental buildings in Venice Beach (96 Total Units).Demand for Extended Stay is growing for economizing business & pleasure travelers. Venice Beach continues to be the second most visited destination in Southern California.
FINANCIAL DETAILS
Total Expenses:
$140,000
Scheduled Monthly Income:
$29,000
Scheduled Annual Income:
$348,000 |
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| Broker # 00860625 - The information presented here is based upon sources we deemed to be reliable, but for which we assume no responsibility. |
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UNIT MIX 2 Bedroom - 1 Bath Single Family Residence
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| Single Family in Palms - Mar Vista
3448 Colonial Avenue
Los Angeles, CA 90066
West of Centinela Ave and North of Palms Blvd at Appleton Way and Colonial Ave
Thomas Guide: 672 B3
Click
here for a map
Purchase Price:
$600,000
Annual scheduled gross income:
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Year built: 1946
Zoning: LAR1
Lot Size: 6490
Building Square Feet: 1726
Parking: Garage |
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COMMENTS
Builders - Rebuild into house of your dreams. Great area. Potential for views from a second floor. Fire damaged and in need of rehabilitation. Needs new back half - Kitchen & Family Rm. Front three rooms and bathroom are salvageable. OR tear down and build new. At this price you can afford it. Swimming pool is OK just needs cleaning. Garage needs to go back to being a Garage. Builders will like the bigger lot. Home buyers will like the height for views. Great neighborhood
FINANCIAL DETAILS
| For more information on this listing please contact Keith Lambert (Agent ID# 00785162) at 310-391-0821 |
Total Expenses:
Scheduled Monthly Income:
Scheduled Annual Income:
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| Broker # 00860625 - The information presented here is based upon sources we deemed to be reliable, but for which we assume no responsibility. |
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UNIT MIX 8 One Bedroom - 1 Bath 2 2 Bedrooms - 1 Bath
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| 10 Units in Santa Monica - SOLD
1524 7th Street
Santa Monica, CA 90401
South of Santa Monica & North of Colorado
Thomas Guide: 671 E2
Click
here for a map
Purchase Price:
$2,495,000
Annual scheduled gross income:
$152,256.84 |
Year built: 1958
Zoning: SMC3YY
Lot Size: 7,497
Building Square Feet: 6,993
Parking: 8 Carports |
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COMMENTS
Great opportunity to buy an easy to operate apartment building sitting on commercially zoned land in the heart of Santa Monica’s development district! Brand new roof in 2008. This is a hot location for future development. Drive by only do not disturb tenants.
FINANCIAL DETAILS
| 1 | 1 Bedroom, 1 Bath | $ 727.18 | | 2 | 1 Bedroom, 1 Bath | $ 1,142.69 | | 3 | 1 Bedroom, 1 Bath | $ 1,350.15 | | 4 | 1 Bedroom, 1 Bath | $ 1,144.77 | | 5 | 2 Bedroom, 1 Bath | $ 1,722.18 | | 6 | 1 Bedroom, 1 Bath | $ 1,395.00 | | 7 | 1 Bedroom, 1 Bath | $ 683.18 | | 8 | 1 Bedroom, 1 Bath | $ 1,129.00 | | 9 | 1 Bedroom, 1 Bath | $ 1,350.00 | | 10 | 2 Bedroom, 1 Bath | $ 1,683.92 | | Laundry | | $ 100.00 | | Parking | | $ 260.00 | |
Total Expenses:
$38,064.21
Scheduled Monthly Income:
$12,688.07
Scheduled Annual Income:
$152,256.84 |
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| Broker # 00860625 - The information presented here is based upon sources we deemed to be reliable, but for which we assume no responsibility. |
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UNIT MIX 4 Two - Two Baths 2 Three Bedroom - Two Bath
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| 6 Units in Santa Monica SOLD
1508 Stanford Street
Santa Monica, CA 90404
Between Broadway and Colorado Blvd
Thomas Guide: 631 H6
Click
here for a map
Purchase Price:
$1,400,000
Annual scheduled gross income:
$117,972.00* |
Year built: 1959
Zoning: SMR2
Lot Size: 8,124
Building Square Feet: 5,712
Parking: 10 Open Spaces |
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COMMENTS
Great opportunity to add value. 2 vacant units. Large lot, great unit mix in very desirable Santa Monica location. Drive by only, do not disturb tenants. Inside with accepted offer only. *Vacant Units. These are projected rents.
FINANCIAL DETAILS
| 1 | 2 Bedroom, 2 Bath | $ 1,746 | | 2 | 2 Bedroom, 2 Bath | $ 1,582 | | 3 | 3 Bedroom, 2 Bath | $ 2,000* | | 4 | 2 Bedroom, 2 Bath | $ 1,700* | | 5 | 2 Bedroom, 2 Bath | $ 922 | | 6 | 3 Bedroom, 2 Bath | $ 1,846 | | Laundry | | $35.00 | |
Total Expenses:
$18,892.00
Scheduled Monthly Income:
$9,781.00*
Scheduled Annual Income:
$117,972.00* |
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| Broker # 00860625 - The information presented here is based upon sources we deemed to be reliable, but for which we assume no responsibility. |
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