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    21 E Wavecrest Ave

    Venice, CA 90291
    • $2,800,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 20-656488
    UPDATED: 60 min ago
    $2,800,000
    • 7
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,160
      SQFT
    • $1,296
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:

    School Ratings & Info

    Description

    Located less than 1-block from the beach on a great Venice walk street, 7 bedroom/5 bathroom Townhouse Duplex + newly remodeled Studio (which Owner has initiated permitting process for ADU) . This unique architectural beach property has an ideal layout for the 3 bed, 2 bath units with high ceilings, sky lights & exterior decks providing an abundance of natural light throughout. Features include a front patio garden w/ mature trees, wood burning fireplaces & clerestory windows. Internal access secure garage parking for up to 6 cars, onsite laundry. Great property with lots of opportunity for investors and/or owner user to occupy one and rent the others, or utilize the Studio as Live/Work space. All units can be delivered vacant. Close to everything that Venice has to offer; local restaurants, shops , yoga studios, Abbot Kinney, and the beach.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-29T06:43:09.38. 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.trulinerealty.com/homes/111743565
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    21 E Wavecrest Ave Venice, CA 90291

    • Price: $2,800,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 20-656488
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,160
    SQFT
    $1,296
    $/SQFT
    1980
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    Located less than 1-block from the beach on a great Venice walk street, 7 bedroom/5 bathroom Townhouse Duplex + newly remodeled Studio (which Owner has initiated permitting process for ADU) . This unique architectural beach property has an ideal layout for the 3 bed, 2 bath units with high ceilings, sky lights & exterior decks providing an abundance of natural light throughout. Features include a front patio garden w/ mature trees, wood burning fireplaces & clerestory windows. Internal access secure garage parking for up to 6 cars, onsite laundry. Great property with lots of opportunity for investors and/or owner user to occupy one and rent the others, or utilize the Studio as Live/Work space. All units can be delivered vacant. Close to everything that Venice has to offer; local restaurants, shops , yoga studios, Abbot Kinney, and the beach.
    Exterior Features

    Covered Parking 4 Entry Location Mid Level Levels Multi/Split Lot Size Area 2698 Other Structures None Parking Garage Community GarageDirect Entrance Paved YN Yes Style Architectural Total Parking 6 View Description OceanPeek-A-Boo View YN Yes Water Frontage Ocean

    Interior Features

    Baths Total 5.00 Common Walls Detached/No Common Walls Cooling None Equipment RefrigeratorDishwasherRange/Oven Flooring Mixed Heating Central Interior Features High Ceilings (9 Feet+) Laundry Laundry AreaCommunity Water Heater Features Central Water Heater Windows Skylights

    Property Features

    Alley YN Yes Assessed Total Value 2346000 Electric Expense 2100.00 Gardener Expense 1200.00 Gross Income 228000 Gross Operating Income 228000 Insurance Expense 5000.00 Like Units1 2 Like Units2 1 Maintenance Expense 3000.00 Net Operating Income 177300.00 Number Of Buildings 1 Number Of Units 3 Owner Pays WaterOtherGardener Sale Type Standard Security Features Gated Source Living Area Other Source Lot Size Area Other Source Lot Size Dimensions Other Tenant Pays ElectricityCable TvGas Total Annual Expense 50700 Trash Expense 1000.00 Type Of Units Apartments Water Expense 2100.00 Year Built Source Other Zoning Lard1.5

    Listing provided courtesy of Jordan Rubinstein DRE#01950436 of Century Park Realty, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-29T06:43:09.38. 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.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211