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    705 Brooks Ave

    Venice, CA 90291
    • $3,495,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: 20-624598
    $3,495,000
    • 9
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,750
      SQFT
    • $932
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:
    Area:

    School Ratings & Info

    Description

    High income producing multifamily west of Lincoln. Own this charming triplex with a 4th non conforming unit just blocks from Abbott Kinney, Rose Ave and the beach. Current owner made $260,000 in rental income this past year. The property consists of: ( 1) 3 bedroom 1 bath front house , (2) 2 bed/2 bath townhomes and (1) 2 bed/ 1bath unit. Can be delivered VACANT, no rent control.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-25T23:42:28.583. 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.
    www.randyplaice.com/homes/109443949
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    705 Brooks Ave Venice, CA 90291

    • Price: $3,495,000
    • Status: Active
    • ID#: 20-624598
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,750
    SQFT
    $932
    $/SQFT
    1927
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    High income producing multifamily west of Lincoln. Own this charming triplex with a 4th non conforming unit just blocks from Abbott Kinney, Rose Ave and the beach. Current owner made $260,000 in rental income this past year. The property consists of: ( 1) 3 bedroom 1 bath front house , (2) 2 bed/2 bath townhomes and (1) 2 bed/ 1bath unit. Can be delivered VACANT, no rent control.
    Exterior Features

    Covered Parking 3 Direction Faces South Levels Multi/Split Lot Size Area 5004 Other Structures Other Parking Garage Assigned Pool Description None Pool YN No Total Parking 6 View Description Tree Top View YN Yes

    Interior Features

    Baths Total 6.00 Common Walls Attached Cooling Air Conditioning Equipment BarbequeCeiling FanDishwasherDryerFreezerGarbage DisposalMicrowaveWasherRange/OvenRefrigerator Fireplace Rooms Family Room Flooring Hardwood Heating Other Laundry Community Laundry Equipment Own

    Property Features

    ADACompliance Yes Alley YN Yes Assessed Total Value 264833 Gross Income 260000 Gross Operating Income 260000 Like Units1 1 Like Units2 2 Like Units3 1 Net Operating Income 210000.00 Number Of Buildings 2 Number Of Units 4 Rent Control YN No Sale Type Standard Security Features Gated Source Living Area Owner Source Lot Size Area Appraiser Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 50000 Type Of Units 4 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Julie Kirschbaum DRE#01897701 of Engel & Vãƒâ€“Lkers Santa Monica.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-25T23:42:28.583. 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.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355