33.99469 -118.46955

538 BROOKS AVE VENICE, CA 90291

244610196 33.99469 -118.46955 213 /listing/244610196-150190256/538-brooks-ave-venice-ca-90291 False 0 4925000.0 3824 105 9 8 19486230 False
  • $4,925,000
  • 9 bd
  • 8 ba
  • 3,824 sqft
  • 5,199 lot
  • Est payment $26438.46/mo

Property & Neighborhood Info

Courtesy Of Sotheby's International Realty

Multi-Family in Venice

Silicon Beach investors rejoice. This privately gated and updated 4-Plex will not disappoint. This is a special owner/user property with current rents below market, allowing for great upside in rental income potential. All units have been updated with granite counter-tops, gas stoves, updated bathrooms, hardwood floors, and a washer and dryer (in each unit). Park your car in the secure gated garage and get your beach cruiser out or just walk a few blocks to mingle with locals and hipsters on Abbot Kinney Blvd, known for some of the hottest restaurants, bars and boutiques in LA. Take advantage of this unique investment opportunity to own an updated stylish 4-Plex in this highly desirable Venice Beach, Abbott Kinney neighborhood. It's only a 10 minute walk to the beach! Seller welcomes 1031 exchange buyers as well.

Courtesy Of Sotheby's International Realty
  1. 9 Beds
  2. 8 Baths
  3. 3,824 Sq. Ft.
  4. 5,199 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1961
  • Floors: 2
  • County: LOS ANGELES
  • Units: 4
  • Zoning: LARD1.5
  • MLS Number:19486230

Additional Features

  • Cooling:
    • Air Conditioning
    • Ceiling Fan(s)
  • Appliances:
    • Built-Ins
    • Dishwasher
    • Dryer
    • Range
    • Range Hood
    • Refrigerator
    • Washer
  • TV Service:
    • Cable TV
    • TV Antennae
  • Parking:
    • Gated
  • Parking Spaces:
    • 5
  • Heating:
    • Central Furnace
  • Gross Income:
    • 185268.00
  • Net Operating Income:
    • 163835.00
  • Annual Expenses:
    • 21433.00
  • Special Conditions:
    • Standard Sale
  • Cap Rate:
    • 3.80
  • Listing Agent License Number:
    • 01455034
  • LP Per SQFT:
    • 1287.92
  • SQFT Source:
    • Public Records
Neighborhood info courtesy of Homes.com © 2019

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$38,769.95*
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First American Team Realty Inc
First American Team Realty Inc
(562) 427-7765
2501 Cherry Ave., Suite 100 Signal Hill CA 90755
no name available First American Team Realty Inc
33.99469 -118.46955

538 BROOKS AVE VENICE, CA 90291

244610196 33.99469 -118.46955 213 /listing/244610196-150190256/538-brooks-ave-venice-ca-90291 False 0 4925000.0 3824 105 9 8 19486230 False
  • $4,925,000
  • 9 bd
  • 8 ba
  • 3,824 sqft
  • 5,199 lot
  • Est payment $26438.46/mo