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Listing Details

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School Ratings & Info

Description

634 Westminster Ave presents a unique pride of ownership apartment building in an A+ location situated in the heart of the Oakwood residential neighborhood of Venice Beach, just steps from the famous Abbot Kinney Blvd. Built in 1960, this completely renovated mid-century, two-story apartment consists of five (5) total units with a great unit mix. The property features gated entry, private patios, 8 on-site parking spaces and in-unit washer/dryers in each unit. All the systems have been upgraded with new plumbing, electrical, roof, and the interior has been renovated with designer upgrades to the flooring, countertops, bathrooms, kitchen, and exterior. This amazing location is blocks away from Abbot Kinney Blvd, and less than 1 mile from Venice Beach Boardwalk, Santa Monica, and Rose Avenue Corridor; steps from all the great shops, restaurants, and nightlife in the area. An investor can capitalize on the highly desirable rental market for year to come due to low operating expenses and well positioned asset.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T00:27:35.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/119992062
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634 Westminster Avenue Venice, CA 90291

  • Price: $3,400,000
  • Status: Active
  • Updated: 180 min ago
  • ID#: 21768164
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1960
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
634 Westminster Ave presents a unique pride of ownership apartment building in an A+ location situated in the heart of the Oakwood residential neighborhood of Venice Beach, just steps from the famous Abbot Kinney Blvd. Built in 1960, this completely renovated mid-century, two-story apartment consists of five (5) total units with a great unit mix. The property features gated entry, private patios, 8 on-site parking spaces and in-unit washer/dryers in each unit. All the systems have been upgraded with new plumbing, electrical, roof, and the interior has been renovated with designer upgrades to the flooring, countertops, bathrooms, kitchen, and exterior. This amazing location is blocks away from Abbot Kinney Blvd, and less than 1 mile from Venice Beach Boardwalk, Santa Monica, and Rose Avenue Corridor; steps from all the great shops, restaurants, and nightlife in the area. An investor can capitalize on the highly desirable rental market for year to come due to low operating expenses and well positioned asset.
Exterior Features

Parking Features DrivewayGarageTandem

Interior Features

Appliances DishwasherRefrigeratorDryerWasher

Property Features

Garage YN Yes Gross Income 191940 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 128989 Senior Community YN No Special Listing Conditions Standard Total Actual Rent 191940 Vacancy Allowance Rate 0 Zoning Lard1.5

Listing provided courtesy of Kamfar Kyle Mirrafati of Matthews Real Estate Investment Services


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T00:27:35.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505