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    32 28th Place

    Venice, CA 90291
    • $2,950,000
    • STATUS: Active
    • ON SITE: 114 days
    • ID#: SB21114211
    $2,950,000
    • 5
      BEDS
    • 0.06
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 3,241
      SQFT
    • $910
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1988
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    This beautiful 2 unit plus one non-conforming unit, was built in 1988 and is for sale for the first time! There really is nothing else like it in the Venice Beach area. We expect this property to sell quickly. The property consists of a 2 Bd/3 Ba unit, a 2 Bd/2.5 Ba unit, and a 1 Bd/1 Ba non-conforming unit. All units are townhouse style units. Both of the 2 bedroom units have roof top decks with panoramic views. The 2 Bd/3 Ba unit is currently rented to a long term tenant for $5,000/month, and the owner is operating the other two units as AIRBNBs, commanding nightly rents of $250/night for the 1 Bd/1 Ba unit and $349/night for the 2 Bd/2.5 Ba unit. The units have all been recently beautifully renovated and include a washer/dryer.Immediate upside can be achieved by converting the 1 Bd/1 Ba to a legal ADU. There is ample parking at the building including 2 tandem garage spots and 2 tuck under spots, for a total of 6 parking spots. The property is situated approximately a half block from Venice Beach and is just 3 short blocks from the lively restaurant and bar scene on Washington Blvd. With an 88 Walk Score, most errands can be accomplished on foot. This is the perfect property for an owner/user or seasoned investor with the ability to maximize income through long or short term rentals. Offering Memorandum included as Supplement.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. 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 American Real Estate List & Sell. Licensed in the State of California, USA.
    www.americanrealestatehomes.com/homes/117656010
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    32 28th Place Venice, CA 90291

    • Price: $2,950,000
    • Status: Active
    • ID#: SB21114211
    5
    Beds
    7
    Baths
    0
    ½ Baths
    0.06
    Acres
    3,241
    SQFT
    $910
    $/SQFT
    1988
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    School District:
    Los Angeles Unified
    Property Description
    This beautiful 2 unit plus one non-conforming unit, was built in 1988 and is for sale for the first time! There really is nothing else like it in the Venice Beach area. We expect this property to sell quickly. The property consists of a 2 Bd/3 Ba unit, a 2 Bd/2.5 Ba unit, and a 1 Bd/1 Ba non-conforming unit. All units are townhouse style units. Both of the 2 bedroom units have roof top decks with panoramic views. The 2 Bd/3 Ba unit is currently rented to a long term tenant for $5,000/month, and the owner is operating the other two units as AIRBNBs, commanding nightly rents of $250/night for the 1 Bd/1 Ba unit and $349/night for the 2 Bd/2.5 Ba unit. The units have all been recently beautifully renovated and include a washer/dryer.Immediate upside can be achieved by converting the 1 Bd/1 Ba to a legal ADU. There is ample parking at the building including 2 tandem garage spots and 2 tuck under spots, for a total of 6 parking spots. The property is situated approximately a half block from Venice Beach and is just 3 short blocks from the lively restaurant and bar scene on Washington Blvd. With an 88 Walk Score, most errands can be accomplished on foot. This is the perfect property for an owner/user or seasoned investor with the ability to maximize income through long or short term rentals. Offering Memorandum included as Supplement.
    Exterior Features

    Attached Garage YN 0 Lot Features 2-5 Units/Acre Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes View Ocean View YN Yes

    Interior Features

    Appliances DryerWasher Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features Family Room Fireplace YN Yes Main Level Bathrooms 7 Main Level Bedrooms 5

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features FishingStreet LightsWater Sports Garage YN Yes Land Lease YN No Lease Considered YN No Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Water Source Public Zoning Lard1.5

    Listing provided courtesy of Martin Ensbury of Keller Williams Beach Cities and Scott Bright of Keller Williams Beach Cities


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. 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 American Real Estate List & Sell. Licensed in the State of California, USA.
     
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    Riverside CA, 92505