51 Thornton Avenue

Venice, CA 90291
Beds
8
Baths
8
Square Ft.
3,360
Property listed by Compass, Ashley Sackerman 310-230-5478
$2,495,000
A rare value-add opportunity in the very heart of Venice, just two short blocks from the sand. Positioned on a 5,749 SF corner lot, this fully occupied 8-unit multifamily property offers immediate income with compelling long-term upside in one of Southern California's most iconic coastal neighborhoods. The 3,360 SF buildingRead MoreRead Less
Listing Snapshot
Days Online
1
Last Updated
Beds
8
Square Ft.
3,360
Lot Size
0.13 Acres
Year Built
1956
MLS Number
26656335
Property Location Map
Additional Details
Building
Built in 1956, Living area: 3360.0, 1 building, 2 stories, Levels: Two
Cooling
None
Disclosures
RentControl
Expenses
Gardener: $150, Water/Sewer: $750
Fireplaces
None
Garage
4 spaces
Heating
WallFurnace
Income
Gross Income: $167,484, Net Operating Income: $90,255
Laundry
None
Lot
0.132 acres, FrontYard
Parking
4 total parking spaces
Pool
None
Roof
Composition
Taxes
Parcel Number: 4286023026, Zoning: LARD1.5
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Monthly Payment
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Stephen DonVito
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.