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608 Westminster Avenue, Venice, CA 90291

6 Bed, 4 Bath Multi-Family Home For Sale

608 Westminster Avenue, Venice, CA 90291 House For Sale - MLS #17214216
Off the Market
$3,049,000
6
4
Multi-Family
3 Family
This listing is courtesy of Noel Vietor from Real Estate Broker Services Inc..

Property Description for 608 Westminster Avenue, Venice, CA 90291

Two building Triplex four blocks from the BEACH and two blocks from ABBOT KINNEY. CAP RATE 4.2%! GRM 16.7! Fully Rented. Surrounded by Multi-Million Dollar Properties!! Duplex in front with two 906 sf 2 bed 1 bath units (subject to LA rent control). Lower unit has Cherry hardwood floors, IKEA kitchen and bath, new Anderson Eco windows, and Patio Doors to a Private 300 sf Sunny Deck. Upper has Cork Floors, Skylights, Designer Kitchen and Bath, and private green views from every window. The back house is a 3 story loft style architectural built in 2001 which has NO RENT CONTROL and can be delivered Vacant. On it's own private gated lot, there is an entry yard, ground floor studio/office and garage with private alley access, 2 bed 2 baths, office nook, and top floor open plan living area and kitchen. Hardwood Floors, Large Cotswold Windows, Caesarstone Coutertops, and top of the line appliances. Private Deck off the living room for sunbathing/outdoor dining. Perfect for Owner/User.

Interior Details

3,212 sq. ft.
$949.25/sq. ft.

Exterior Details

0.12 acres
5,201 sq. ft.
2 Garage Spaces
3

Other Details

17214216
1946

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1      Rent: $4,300     

Unit #2
Bedrooms: 2      Full / Half Baths: 1      Rent: $3,650     

Unit #3
Bedrooms: 2      Full / Half Baths: 2      Rent: $7,250     

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(20%)

Monthly Mortgage Payments

$13,850
$19,289

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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