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$ 2,650,000
Est. payment /mo
Price Dropped by $125K
11 20th AVE Venice, CA 90291
7 Beds
6 Baths
3,216 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,216 sqft
Price per Sqft $824
MLS Listing ID 25539037
Bedrooms 7
HOA Y/N No
Year Built 1966
Lot Size 2,644 Sqft
Property Description
PORTFOLIO SALE: 11 19TH AVE (3 UNITS), 20 19th AVE (4 UNITS) & 11 20th AVE (3 UNITS) PROPERTIES CAN BE SOLD TOGETHER OR SEPARATELY... 11 20th Ave, an incredible triplex a stone's throw away from the beach in Venice. This is a unique investment opportunity with one of the highest income potentials of any triplex in Venice. Situated on the corner of 20th Ave and Speedway on a charming "Walk-Street", this 3,216 square foot triplex features a ground floor unit with 3 bedrooms / 3-bathrooms. The second floor is comprised of two more units, one large & bright 3-bedroom / 2-bathroom, and another 1-bedroom / 1-bathroom unit. All three units have been tastefully remodeled with hardwood floors, quartz countertops, newer appliances, updated bathrooms, central A/C, and more. The main electrical panel, electrical wiring, and all the in-unit sub panels have also been upgraded. Current ownership has also installed double glazed windows throughout, done significant recent structural upgrades, and completed extensive copper plumbing replacements.11 20th Ave comes with ample amenities: the upstairs 3-bedroom unit includes an in-unit washer & dryer, and there is a community laundry room for the other two units (machines owned by landlord). There are three tuck-under parking spaces available behind the building, and an EV charger has been installed for tenant use. Lastly, there is a large, shared patio facing the 20th Ave walk-street. This corner-lot rental property is in an ultra-prime location of Venice Beach, just steps away from the Venice Boardwalk. Whether for an owner-user or pure investor, 11 20th Ave is the ideal small multifamily investment on Venice Beach.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Parking Features Covered
View Y/N Yes
View Ocean
Total Parking Spaces 3
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4226012006
Special Listing Condition Standard
Listed by Jake Glaser Lyon Stahl Investment Real Estate, Inc.