6 Units in Venice

(Sold At)
$1,050,000
Sold

Property Details

0 0 2 Investment

113 Clubhouse Avenue, Venice, California 90291

Description:

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