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

Bedrooms10 Baths8.0 Sq 5,857

Monthly Estimate*

^$ 16,616

Listed by RE/MAX ESTATE PROPERTIES

1201 Venice Boulevard, Venice, CA 90291 - Image 1

1201 Venice Boulevard, Venice, CA 90291 - Image 2

1201 Venice Boulevard, Venice, CA 90291 - Image 3

1201 Venice Boulevard, Venice, CA 90291 - Image 4

1201 Venice Boulevard, Venice, CA 90291 - Image 5

1201 Venice Boulevard, Venice, CA 90291 - Image 6

1201 Venice Boulevard, Venice, CA 90291 - Image 7

Multi-Family Home for sale in Venice, CA

for $2,500,000 with 10 bedrooms and 8 full baths. This 5,857 square foot home was built in 1956 on a lot size of 0.1403.

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

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Lot Size

0.1403

Year Built

1956

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

24389117

Days on Market

Features

General

Sewer SewerTapPaid

Heating WallFurnace

Cooling None

Possession CloseOfEscrow

Zoning LAR4

Architectural Style Traditional

Pool Features None

Year Built 1956

View None

Stories 2

Levels Two

Gross Income 136236.0

County Los Angeles

Net Operating Income 34790.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction South

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions East side of street 1 1/2 blocks east of Lincoln Blvd

City Venice

Disclosures SellerDisclosure

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 8

MLS Area C11 - Venice

Lot Size Units SquareFeet

Lot Size Square Feet 6111.0

Private Pool N

Waterfront Y/N N

Carport Y/N Y

Street Name Venice

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Property Condition RepairsCosmetic

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 8

Standard Status Active

Exterior

Parking Features Covered Carport

Total Parking 5.0

Lot Size Area 6111.0

Number of Buildings 1

Spa N

Building Area Total 5857.0

Street Suffix Boulevard

Lot Size Acres 0.1403

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features CommonArea

Total Bedrooms 10

Electric On Property Y/N N

Total Baths 8

Internal Only

Street Number 1 1201

* Excluded Features

List By

Re/Max Estate Properties

Broker

(310) 802-6000

Phone

Affordability Calculator

$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 ^$2,714,270

Percent of Sale Price 9%

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.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/8/2024	$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 0.1403. 1201 Venice Boulevard has 10 bedrooms, 8.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/12/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1201 Venice Boulevard

Multi-Family Home for sale in Venice, CA

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