11 19th Avenue

Venice , CA 90291

MLS#: 25539061

$2,700,000

Status: Active
Listing number: 25539061
Listing provided by: Lyon Stahl Investment Real Estate, Inc.
Listing agent phone: None
Last update: 11 days ago
On site: 2 months ago
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Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1971

Sq.Footage

2,724

Price per SqFt

N/A

PORTFOLIO SALE: 11 19TH AVE (3 UNITS), 20 19th AVE (4 UNITS) & 11 20th AVE (3 UNITS) PROPERTIES CAN BE SOLD TOGETHER OR SEPARATELY... 11 19th Ave in Venice, a fantastic luxury triplex investment opportunity right in the heart of Venice on a charming "Walk Street", just steps away from the beach. Built in 1971, this fully renovated 2,724 square foot building is the perfect owner-user property, featuring a spacious 2-bedroom plus lofted bedroom / 2-bathroom unit with large bright spaces, ocean views and a large private balcony. This fully renovated unit has in-unit washer/dryer and features fireplaces in both the living room & the loft. There is also a large 1-bedroom plus lofted bedroom / 2-bathroom unit spanning three levels with sweeping ocean & coastal views from the loft area and a large rooftop sundeck. This unit also features fireplaces in the living room and lofted bedroom. The final unit is a first-floor studio with a fireplace and a privatized area of the patio (no kitchen).Over the past four years, the property has seen significant capital improvements, including a newly built redwood roof deck, new hardwood, floors, central A/C in the downstairs rear unit, new garage doors & motor, and countless interior upgrades like repainting, new cabinets and appliances. In addition to the sizable units, the property features a shared front patio along 19th Ave with a barbecue & furniture for entertaining. The property also features five, gated tuck-under parking spaces at the back of the building (3 stalls total, 2 are tandem). Additionally, there is a community laundry room by the parking area. While the property is currently fully occupied with very strong rents, it's the perfect opportunity for a buyer looking to live steps from Venice Beach and collect income from the other two units.

Features & Amenities

Interior

  • Total Bedrooms

    4

Exterior

  • Garage

    No

  • Parking

    Covered

Area & Lot

  • Lot Size(acres)

    0.0606

  • Property Type

    Residential Income

Financial

  • Sales Price

    $2,700,000

Property Features

  • Association

    NO

  • Senior Community YN

    No

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Los Angeles

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Listing Courtesy of Jake Glaser , Lyon Stahl Investment Real Estate, Inc.

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PORTFOLIO SALE: 11 19TH AVE (3 UNITS), 20 19th AVE (4 UNITS) & 11 20th AVE (3 UNITS) PROPERTIES CAN BE SOLD TOGETHER OR SEPARATELY... 11 19th Ave in Venice, a fantastic luxury triplex investment opportunity right in the heart of Venice on a charming "Walk Street", just steps away from the beach. Built in 1971, this fully renovated 2,724 square foot building is the perfect owner-user property, featuring a spacious 2-bedroom plus lofted bedroom / 2-bathroom unit with large bright spaces, ocean views and a large private balcony. This fully renovated unit has in-unit washer/dryer and features fireplaces in both the living room & the loft. There is also a large 1-bedroom plus lofted bedroom / 2-bathroom unit spanning three levels with sweeping ocean & coastal views from the loft area and a large rooftop sundeck. This unit also features fireplaces in the living room and lofted bedroom. The final unit is a first-floor studio with a fireplace and a privatized area of the patio (no kitchen).Over the past four years, the property has seen significant capital improvements, including a newly built redwood roof deck, new hardwood, floors, central A/C in the downstairs rear unit, new garage doors & motor, and countless interior upgrades like repainting, new cabinets and appliances. In addition to the sizable units, the property features a shared front patio along 19th Ave with a barbecue & furniture for entertaining. The property also features five, gated tuck-under parking spaces at the back of the building (3 stalls total, 2 are tandem). Additionally, there is a community laundry room by the parking area. While the property is currently fully occupied with very strong rents, it's the perfect opportunity for a buyer looking to live steps from Venice Beach and collect income from the other two units.

11 19th Avenue

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