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1316 Morningside Way, Venice, CA 90291

8 Bed, 5.5 Bath Multi-Family Home For Sale

1316 Morningside Way, Venice, CA 90291 House For Sale - MLS #17224972
Off the Market
$2,595,000
8
5 Full Bath, 1 Half Bath
Multi-Family
2 Family
This listing is courtesy of Sally Forster Jones from John Aaroe Group.

Property Description for 1316 Morningside Way, Venice, CA 90291

Prime Venice Beach Duplex on an extra large lot in prime Venice! Surrounded by multi-million dollar homes, this well maintained income property is a great opportunity to buy and hold, or redevelop as income property and gain tremendous upside. The front home features 3 bedrooms and 1.5 baths with a charming front garden and back patio. The back home offers 5 bedrooms and 2 3/4 bath with an expansive back yard and 2 car garage. Both homes are in good condition and can be leased while obtaining permits to build. There is lots of upside in this highly desirable area with architectural development surrounding it. One unit is tenant occupied but tenant is willing to move upon sale if Buyer wants both units empty.

Interior Details

2,620 sq. ft.
$990.46/sq. ft.
Other

Exterior Details

0.25 acres
10,882 sq. ft.
3

Other Details

17224972
1960

Units Description

Unit #1
Bedrooms: 3      Full / Half Baths: 1 / 1     

Unit #2
Bedrooms: 5      Full / Half Baths: 4      Rent: $4,100     

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(20%)

Monthly Mortgage Payments

$11,787
$16,417

Town Description

Venice of America was founded by tobacco millionaire Abbot Kinney in 1905 as a beach resort town, 14 miles (23 km) west of Los Angeles. He and his partner Francis Ryan had bought two miles (3.24 km)...

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