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312 Market Street
USD 1,895,000
icon USA, 312 Market Street
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icon 2848 SqFt
icon 4 Bedrooms
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icon Built in 1938
icon USD 665 / SqFt
icon 0 Full
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Cissy Tang
tel : (+1)626 9868 621
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Detailed Introduction Of This Property
Excellent Owner-User Duplex (1 vacant) or investment opportunity in the heart of Venice Beach! Each level offers a Spacious 2 Bedroom 1 Bathroom unit with laundry inside as well as a cute backyard, double car garage, and storage area. Located West of Abbot Kinney and steps away from the sand within walking distance of everything Venice has to offer. The building is well-kept, charming, and full of character. The property offers a private and quaint backyard/courtyard perfect for outdoor gatherings. Incredible Proforma Cap Rate of 4.6% & 15.8 GRM at market rents for a long-term investor looking for appreciation and current steady income. Both units are individually metered for Gas and electricity. The detached garage features 2 parking spaces as well as a storage area that can be used as an office or gym as well. The seller has preliminary plans to add 2 Detached ADUs in the back for future upside. The property is steps away from the Beach, all the fine Shopping and dining on Abbot Kinney, and is central to daily errands, including Erewhon Market, the weekly Venice Farmers Market, and Costco.
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Property Details
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Property Details
Bedrooms 4
Bathrooms -- Full / -- Half
Interior Size --
Garage spaces --
Exterior features --
Home Type
Architectural style --
Year built 1938
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Cissy Tang
tel : (+1)626 9868 621 icon
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Experience Since --
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