21 S Venice Boulevard
Venice, CA 90291
- – beds
- – baths
- – sqft
- 3,961 sqft lot
- 1964 build
- – on site
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Trophy Silicon Beach 6 unit building 100 yards from the famed Venice Beach. Consists of 5 x 1 Bd 1ba units and 1 studio. All units are remodeled and delivered fully furnished. All units are being rented for 30 day or more rentals and can be delivered vacant by close. Located by famed Venice Boardwalk and vibrant Abbot Kinney shops and famous Venice surfing beach. 5 parking spaces and secured building with private courtyard area. Current gross income of $208,800 yearly. Property is under LA rent control. Cap rate 4.2 GRM 17 at current rents. Cap 4.6 and GRM 16 at Market rents. Great upside potential. Drive by only and inside w/accepted offer.
Listed By CRMLS_CA / James Allan / Compass
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Last updated Apr 24, 2023
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MLS# 21776210 —
Walk Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/6/22
Jan 6, 2022
|
Sold | CRMLS_CA | $3,460,000 | -3.8% |
12/14/21
Dec 14, 2021
|
Pending | CRMLS_CA | $3,595,000 | |
8/30/21
Aug 30, 2021
|
Price Changed | CRMLS_CA | $3,595,000 | 0.1% |