10
See all 10 photos
$4,600,000
Est. payment /mo
14 Beds
20 Baths
12,822 SqFt
New
1917 Canal ST Venice, CA 90291
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 12,822 sqft
Price per Sqft $358
MLS Listing ID 25609189
Bedrooms 14
HOA Y/N No
Year Built 1972
Lot Size 0.274 Acres
Property Description
PLEASE DO NOT DISTURB TENANTS. Excellent opportunity to purchase two (2) side-by-side 9-unit buildings (1917 and 1921 Canal St) a few blocks from the famous Venice Canals and Ocean Front Walk (Identical unit mixes, building square footages, and lot sizes). All the Bachelor units (both buildings) have kitchenettes. One unit will be delivered vacant. Some units have been updated. Some rents well under market value with big upside when units become vacant (Projected at more than 90%). Total of 16 parking spots allocated to tenants. 1917 Canal St has one two car garage. See Income and unit breakdowns. Inside with accepted offer. Soft Story Retrofit Completed. Balcony inspections and work completed. Laundry income $2544/yr. CAP Rate includes property taxes based on the listing price. Virtual Tour button has drone video of the property and the area.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Heating Radiant
Cooling None
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned, Carport, Driveway
Total Parking Spaces 16
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4238022032
Special Listing Condition Standard
Virtual Tour https://www.dropbox.com/scl/fi/nmt3nnnq86h5bdht0ejl7/1917-1921-Canal-Street-Venice-Drone-R1.mp4?rlkey=hfl2br3xdybr3yf2cggx9qqb4&e=1&dl=0
Listed by Jeff Konecke Dogtown Realty
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