616 Sunset

Venice, CA 90291
Property listed by Lyon Stahl Investment Real Estate, Inc., Brett Lyon 3107801899
$3,150,000
Situated in a prime Venice location north of Abbot Kinney Blvd, 616 Sunset Ave presents a well-positioned 4-unit multifamily opportunity with additional development upside in one of Los Angeles’ most sought-after coastal submarkets. The property features classic Spanish-style architecture and consists of (4) 2-bedroom / 1-bath units totaling approximately 3,224Read MoreRead Less
Listing Snapshot
Days Online
7
Last Updated
Property Type
MixedUse
Lot Size
0.11 Acres
Year Built
1960
MLS Number
SB26039701
Property Location Map
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1960, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Front Gate
Community
Biking
Expenses
Gardener: $1,200, Insurance: $4,836, Maintenance: $7,872, Operating: $55,246, Other Expense: $3,400
Income
Gross Income: $196,800, Gross ScheduledIncome: $196,800, Net Operating Income: $135,650
Laundry
Stacked
Lot
0.1102 acres, TwoToFiveUnitsAcre
Parking
7 open parking spaces, 7 total parking spaces, Driveway
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 4240013007, Tax Block: I, Lot: 1
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
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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.