Description
Location, Location! Amazing opportunity to own or create your own vision by the beach in Venice! Just a short walk to the boardwalk, canals, beach, and some of the best restaurants Venice has to offer! This is a truly a unique one of a kind property with 6 separate rental units and 6 bathrooms all on one lot. Over 12,000 monthly rental income with potential to increase. Tons of potential to develop the property with over one million estimated profit as either a dream home, or multiple homes with a possible subdivision and R3 zoning, or potential ADU additions. Buyer to verify with city and do their own due diligence.
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6BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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1,330SQFT
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$1,880$/SQFT
School Ratings & Info
Description
Location, Location! Amazing opportunity to own or create your own vision by the beach in Venice! Just a short walk to the boardwalk, canals, beach, and some of the best restaurants Venice has to offer! This is a truly a unique one of a kind property with 6 separate rental units and 6 bathrooms all on one lot. Over 12,000 monthly rental income with potential to increase. Tons of potential to develop the property with over one million estimated profit as either a dream home, or multiple homes with a possible subdivision and R3 zoning, or potential ADU additions. Buyer to verify with city and do their own due diligence.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T14:37:48.8. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.