Log In/Sign Up
Your email has been sent.
659 Vernon Ave
Venice, CA 90291
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Excellent Location
- Good Mix Of Units
- Well Maintained Building
Executive Summary
Remodeled and well maintained four-unit building located in an excellent Venice location. Totaling 2,334 SF on a 4803 SF lot, this updated Quadruplex building consists of one 2/1 house at front of property and three units in the rear ( 2/2, 1/1, 1/1 Bed-Bath ). All units have been renovated with new floors, new appliances, remodeled bathrooms and kitchens. Additional upgrades to the building include plumbing, electrical, some newer windows, new roofing, Further features include 4 carport spaces with storage, as well shared back yard and private front yard. This is a wonderful investment property, in a great neighborhood. ** Two units including front house delivered vacant **Contact for more information, photos and videos**
Property Facts
| Price Per Unit | $616,718 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 5.69% | Building Size | 2,334 SF |
| Gross Rent Multiplier | 13.16 | Average Occupancy | 50% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Parking Ratio | 1.71/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LARD1.5 - Restricted Density Multiple | ||
| Price Per Unit | $616,718 CAD |
| Sale Type | Investment |
| Cap Rate | 5.69% |
| Gross Rent Multiplier | 13.16 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,334 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1910 |
| Parking Ratio | 1.71/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple |
Amenities
Unit Amenities
- Dishwasher
- Storage Space
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Yard
- Dining Room
- Freezer
- Garden
Site Amenities
- Controlled Access
- Fenced Lot
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $5,681 CAD | 758 |
| 1+1 | 1 | $3,232 CAD | 500 |
| 1+1 | 1 | $3,028 CAD | 500 |
| 2+1 | 1 | $3,678 CAD | 575 |
Property Taxes
| Parcel Number | 4240-013-025 | Improvements Assessment | $623,508 CAD |
| Land Assessment | $1,022,878 CAD | Total Assessment | $1,646,385 CAD |
Property Taxes
Parcel Number
4240-013-025
Land Assessment
$1,022,878 CAD
Improvements Assessment
$623,508 CAD
Total Assessment
$1,646,385 CAD
1 of 25
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
