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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR22212705
Sold Date 02/10/23
HOA Y/N No
Year Built 1979
Lot Size 2,992 Sqft
Property Description
1922 & 2006 Canal St. offers investors and/or developers the opportunity to own two hard to assemble, well maintained, continuous duplexes in a world renowned area. JUST REDUCED $100K! The duplexes are available for $1,550,000 each and subject to AB 1482 State Rent Control but not subject to RSO. The duplexes are located in Venice steps from the Venice Canals and Venice Boardwalk, in one of the most highly desirable beach neighborhoods in Southern California. Surrounded by many popular restaurants, stores, bars, and attractions, the area is ideal for all ages. Conveniently located steps from Abbot Kinney, Pacific Ave, Venice Beach Boardwalk, and near the Marina Freeway (SR 90). Each duplex is comprised of one 1+1 unit and one 2+2 unit. All units have a full kitchen, laundry, private patio or balconies, garage with direct access to unit and two additional off-street parking spaces. Seller has been granted a feasibility report to add one additional unit. Additionally, the properties are a developer's dream as the duplexes are side-by-side offering tons of potential with a double parcel. However, the duplexes can be sold individually or together.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD2
Interior
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside
Exterior
Parking Features Assigned, Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
View None
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Unknown
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4238023017
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Daniel Shieh • Lyon Stahl Investment Real Estate, Inc.
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935