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201 Ruth Avenue, Venice, CA 90291

3 Bed, 1 Bath Multi-Family Home For Sale

201 Ruth Avenue, Venice, CA 90291 House For Sale - MLS #18309058
Off the Market
$2,250,000
3
1
Multi-Family
3 Family
This listing is courtesy of Joan Lurie Farb from Joan Lurie Realty.

Property Description for 201 Ruth Avenue, Venice, CA 90291

Rare opportunity! Gorgeous, totally remodeled owner/user home plus turnkey investment units in the upscale, walking neighborhood known as Rose Ave. Corridor. This zen-like compound, set behind a peaceful garden, features an artistically remodeled main home, with hardwood floors, crown moldings, gourmet Viking kitchen, and luxurious master bath. Attached to the main house is "Studio A", a separate living unit with high ceilings, and its own entrance. Currently used as a top-earning Airbnb rental, it can also be an office/studio. There are two additional tenant-occupied units which generate excellent income. Tranquil, rear outdoor area features a lovely hot tub. 3 private garages. Highly desirable location at the Santa Monica/Venice border, steps to Rose Ave. and Main St. with its trendy shops, eateries, and Silicon Beach commerce. Moments to famed Venice Beach and Boardwalk, this property offers the best of the coveted California lifestyle, a great home and an excellent income stream.

Interior Details

1,809 sq. ft.
$1,243.78/sq. ft.

Exterior Details

0.10 acres
4,151 sq. ft.
5

Other Details

18309058
1947

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1      Rent: $5,500     

Unit #2
Bedrooms: 1      Full / Half Baths: 0      Rent: $3,079     

Unit #3
Rent: $1,703     

Unit #4
Rent: $1,065     

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(20%)

Monthly Mortgage Payments

$10,220
$14,234

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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