33.994698 -118.46956

538 BROOKS Avenue VENICE, CA 90291

244626202 33.994698 -118.46956 124 /listing/244626202-150190256/538-brooks-avenue-venice-ca-90291 False 0 4925000.0 105 19486230 False
  • $4,925,000
  • 5,199 lot
  • Est payment $26438.46/mo

Property & Neighborhood Info

Courtesy Of Shamon Shamonki, 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 Shamon Shamonki, Sotheby's International Realty
  1. 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

  • Laundry:
    • Dryer Included
    • Washer Included
  • Appliances:
    • Dishwasher
    • Refrigerator
  • Condition:
    • Additions/Alterations
  • Exterior Features:
    • TV Antenna
  • Land Size Source:
    • Assessor
  • Parking:
    • Private
  • Utilities:
    • Cable Available
  • Number of Buildings:
    • 1
  • Net Operating Income:
    • 163835.00
  • CDOM:
    • 44
  • Special Conditions:
    • Standard
  • Gross Operating Income:
    • 185268.00
  • Land Value:
    • 1385288
  • Lot Size Acres:
    • 0.1194
  • Lot Size Area:
    • 5199.0000
  • Lot Size Square Feet:
    • 5199.00
  • Price Per SQFT:
    • 1287.92
  • Tax ID:
    • 4239011008
  • Total Expenses:
    • 21433.00
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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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
33.994698 -118.46956

538 BROOKS Avenue VENICE, CA 90291

244626202 33.994698 -118.46956 124 /listing/244626202-150190256/538-brooks-avenue-venice-ca-90291 False 0 4925000.0 105 19486230 False
  • $4,925,000
  • 5,199 lot
  • Est payment $26438.46/mo