Skip To Content

1630 Electric Ave

Venice, CA 90291
  • $1,749,000
  • STATUS: Active Under Contract
  • ON SITE: 262 Days
  • ID#: 21-704808
Under Contract
UPDATED: 46 min ago
$1,749,000
  • 4
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,541
    SQFT
  • $1,135
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Ratings & Info

Description

Property is vacant. Go Direct. This 1955 Venice beach duplex with detached 2 car garage offers both the potential for development or continued rental income. The property is in good condition, updated roughly 8 years ago, with the option of turning the detached two car garage into an ADU. The property is located a short 1/2 block off Abbot Kinney on a quiet one-way street. Buyer to verify all information to satisfy any development plans.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-07T06:43:16.917. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.cgluxuryhomesla.com/homes/115284441
Print Image

1630 Electric Ave Venice, CA 90291

  • Price: $1,749,000
  • Status: Active Under Contract
  • On Site: 262 Days
  • Updated: 46 min ago
  • ID#: 21-704808
4
Beds
0
Baths
0
½ Baths
0.09
Acres
1,541
SQFT
$1,135
$/SQFT
1955
Built
Neighborhood:
Venice
County:
Los Angeles
Area:
Venice
Property Description
Property is vacant. Go Direct. This 1955 Venice beach duplex with detached 2 car garage offers both the potential for development or continued rental income. The property is in good condition, updated roughly 8 years ago, with the option of turning the detached two car garage into an ADU. The property is located a short 1/2 block off Abbot Kinney on a quiet one-way street. Buyer to verify all information to satisfy any development plans.
Exterior Features

Covered Parking 2 Direction Faces West Entry Location Main Level Exterior Construction Stucco Levels Ground Level Lot Location City Lot Size Area 3875 Other Structures Other Parking Garage Garage Is Detached Patio Features Deck(S)Porch - FrontPorch - Rear Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Sprinklers Sprinkler System Style California Bungalow Tennis Court None Tennis YN No Total Parking 2 View Description City Lights View YN Yes Water Frontage None

Interior Features

Bathroom Features Shower Over Tub Baths Total 2.00 Bedroom Features All Bedrooms Down Common Walls Attached Cooking Appliances Cooktop - Gas Cooling None Den No Dining Room No Equipment Built-InsCableDryerFreezerGarbage DisposalGas Dryer HookupRange/OvenRefrigeratorWasher Family Room Yes Fireplace Rooms BathFamily RoomKitchenPatio Flooring WoodLaminate Foundation Details Raised Heating Wall Gas Interior Features Common WallsStorage SpaceTandemLiving Room Deck Attached Kitchen Features Corian Counters Laundry Garage Laundry Equipment Own Rooms Breakfast AreaFamily RoomPatio Open Water Heater Features Gas Windows Vertical Blinds

Property Features

ADACompliance No Amenities None Assessed Total Value 1301533 Disability Access None Gross Income 82800 Gross Operating Income 82800 Land Lease Type Fee Like Units1 1 Like Units2 2 Net Operating Income 80000.00 Number Of Buildings 2 Number Of Units 2 Owner Pays Water Property Condition Repair Cosmetic Sale Type Standard Security Features Gated Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Assessor Tenant Pays GasElectricityCable Tv Total Annual Expense 2800 TVServices Cable Tv Type Of Units 2 Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar2

Listing provided courtesy of Marcus Miceli DRE#01439068 of Initiate Realty, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-07T06:43:16.917. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-704808-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-704808-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-704808-2.jpg
Logo
Compass California
2115 Main Street
Santa Monica CA, 90405