Description
Location, location, location & ADU Opportunities! This 4-unit building, All units renovated and updated & fully furnished in 2022, is literally one house away from the ocean sands with direct access to Venice beach & hip areas of volleyball & yoga on the sands & top of line shops & restaurants. Situated on the corner of 27th Ave & Oceanfront Walk. Each unit is clean, airy, contemporary, & fully furnished, with high-quality cabinetry, artwork, stainless appliances, & a washer/dryer, TVs, linens, plates,& silverware. Lovely baths and kitchens and wood laminate flooring. Well-maintained building. Plumbing and electrical has been updated to current codes. 9-car parking lot contiguous to the 2-story building. Investor's can build a two-story ADU on top of the parking to use for up to 2 additional rental incomes plus an oceanview rooftop & due to the current 3 ft Height increase approved by the city, the extra cost to destroy the ground of parking is not needed & investor's gain normal income during construction with Tremendous upside potential. short term rentals will bring up to double income if managed correctly. All units are easy to show. Seller financing available or assumable loan with low rate.
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Listing Agent: Jacqueline Maddison
Listing Office: EXp Realty Of California Inc
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