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Key Details
Sold Price $2,350,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,922 sqft
Price per Sqft $804
MLS Listing ID SR23123030
Sold Date 05/17/24
Bedrooms 10
Full Baths 6
HOA Y/N No
Year Built 1959
Lot Size 5,279 Sqft
Property Description
Introducing a fantastic investment opportunity in the heart of Oakwood, Venice a 4-plex with immense potential. This property presents an excellent chance for investors looking to add value through renovations and capitalize on the thriving real estate market in this desirable neighborhood. With a fixer-upper status, there is ample room to unlock its hidden value and tailor it to meet modern standards and design preferences.
The location of this investment property is truly exceptional. Situated in the heart of Oakwood, one of the most vibrant and sought-after neighborhoods in Venice, residents will enjoy the unique atmosphere and charm that the area offers. With its proximity to popular attractions, trendy restaurants, boutique shops, and cultural hotspots, this location attracts a wide range of tenants/ homeowners seeking a vibrant and dynamic lifestyle. With the potential for value appreciation through renovations, this property is a diamond in the rough waiting to be transformed into a lucrative and sought-after asset.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Rooms
Main Level Bedrooms 5
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Vented Exhaust Fan
Laundry None
Exterior
Parking Features One Space
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Sewer Connected, Water Connected
View Y/N No
View None
Accessibility Parking
Porch None
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 4239009010
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Shane Moses • Moses Commercial, Inc
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935