1201 Venice Boulevard Venice, CA ^$ 2,500,000

1201 Venice Boulevard

^$ 2,500,000

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1201 Venice Boulevard

Venice, CA, 90291

^$ 2,500,000

Studio Baths0.0 Sq 5,857

Monthly Estimate*

^$ 16,616

1201 Venice Boulevard, Venice, CA 90291 - Image 1

1201 Venice Boulevard, Venice, CA 90291 - Image 2

1201 Venice Boulevard, Venice, CA 90291 - Image 3

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1201 Venice Boulevard, Venice, CA 90291 - Image 7

Studio

Multi-Family Home for sale in Venice, CA

for $2,500,000. This 5,857 square foot home was built in 1956 on a lot size of 0.14.

Great "bread and butter" apartment on Venice Blvd just east of Lincoln. HUGE upside potential. Soft story remediation has already been done with Certificate of Completion available. Excellent unit mix. Some units have been updated. Buyer to cooperate in Sellers 1031 exchange at no cost to buyer.

Multi-Family Active

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Lot Size

0.14

Year Built

1956

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0024389117

Features

General

Sewer Sewer Paid

Heating Wall Furnace

Possession Close of Escrow

Zoning LAR4

Architectural Style Traditional

Year Built 1956

Levels Two

County Los Angeles

Net Operating Income 34790.0

New Construction No

Property Type C

HOA / Comm Assn No

Facing Direction South

Status Active

City Venice

Buyer Agent Compensation 2.50

View Y/N No

Senior Community Y/N No

MLS Area C11 - Venice

Lot Size Square Feet 6111.0

Street Name Venice

Property Condition Repairs Cosmetic

Structure Type None

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Covered Carport

Water Source None

Lot Size Area 6111.0

Foundation Details None

Spa No

Pool Y/N? No

Building Area Total 5857.0

Lot Size Acres 0.14

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N No

Heating Y/N Yes

Street Suffix Boulevard

Laundry Features Community

Total Baths 0

* Excluded Features

List By

Jack Davis

Listing Agent

Re/Max Estate Properties

Broker

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$16,616

Per Month

Monthly Principal & Interest: $16,616
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Venice, CA

Average List Price ^$2,827,295

Percent of Sale Price 13%

About Venice, CA

29,124 Population

-6% Since 2002

^$89,009 Median Income

41.51 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$2,500,000		Listed Price

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1201 Venice Boulevard, Venice, CA, 90291 is a Multi-Family Home for sale at $2,500,000 with 5,857 sqft and a lot size of 0.14. 1201 Venice Boulevard is a studio with 0.0 baths and was built in 1956. The property's zip code is 90291 which is in Venice, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/15/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1201 Venice Boulevard

Multi-Family Home for sale in Venice, CA

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