1917 Canal Street

Venice , CA 90291

MLS#: 25519755

$2,497,500

Status: Active
Listing number: 25519755
Listing provided by: Dogtown Realty
Listing agent phone: None
Last update: 14 days ago
On site: 3 months ago
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Property

Beds

7

Full Baths

None

1/2 Baths

None

Year Built

1972

Sq.Footage

6,411

Price Improvement! Excellent opportunity to purchase a 9-unit building a few blocks from the famous Venice Canals, Ocean Front Walk, and you can purchase the building right next store, 1921 Canal Street, which is also available (also 9-units, Identical unit mix and square footage, can be purchased together or separately). All the Bachelor units in both buildings have kitchenettes. Both Buildings are Fully leased. Some units have been updated. Current Rents well under market value with big upside when units become vacant (Projected at more than 90%). 8 parking spots allocated to tenants for each building. See Income and unit breakdowns. Inside with accepted offer.

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Space Heater, Wall Furnace

Exterior

  • Garage

    No

  • Parking

    Assigned, Driveway

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1372

  • Property Type

    Residential Income

Price

  • Sales Price

    $2,497,500

  • Sq. Footage

    6, 411

  • Price/SqFt

    $389

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

County

Los Angeles

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Listing Courtesy of Jeff Konecke , Dogtown Realty

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Price Improvement! Excellent opportunity to purchase a 9-unit building a few blocks from the famous Venice Canals, Ocean Front Walk, and you can purchase the building right next store, 1921 Canal Street, which is also available (also 9-units, Identical unit mix and square footage, can be purchased together or separately). All the Bachelor units in both buildings have kitchenettes. Both Buildings are Fully leased. Some units have been updated. Current Rents well under market value with big upside when units become vacant (Projected at more than 90%). 8 parking spots allocated to tenants for each building. See Income and unit breakdowns. Inside with accepted offer.

1917 Canal Street

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