2201 Ocean Avenue new Save Request In-Person Tour Request Virtual Tour
Venice (los Angeles),CA 90291
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 14,025 sqft
Price per Sqft $427
MLS Listing ID CL25535073
HOA Y/N No
Year Built 1975
Lot Size 7,971 Sqft
Acres 0.18
Property Sub-Type Other
Property Description
ASSUMABLE CHASE LOAN $3.05M @ 4.67% UNTIL 10/2029... 2201 Ocean Avenue is a phenomenal 10-unit multifamily investment opportunity located in an ultra prime location of Venice Beach. Built in 1975, the property is comprised of ten expansive two-bedroom townhouse units, averaging over 1,400 square feet each. Each two-bedroom / two-bathroom unit spans three stories, including a ground-floor primary bedroom & bathroom, second-floor living room & kitchen with 20+ foot vaulted ceilings, and third-floor lofted bedroom & bathroom. Each townhouse unit also comes with a balcony and a private rooftop deck with sweeping views of the Pacific Ocean, the Venice Canals and the Los Angeles skyline. The units have seen various upgrades including upgraded kitchens and bathrooms in select units, and a combination of hardwood floors & carpeting throughout. The 14,025 square foot property sits on a 7,969 square foot corner lot zoned LARD1.5. 2201 Ocean Ave is being offered with extremely attractive assumable financing, with a $3.05M loan available with Chase fixed at 4.67% interest until October 2029. Each unit at 2201 Ocean Ave comes with two tandem, gated tuck-under parking spaces (20 total), and the property also features a community laundry room (machines owned by Seller). Additionally, there are
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet,Wood
Fireplace No
Laundry Community Facility
Exterior
View Y/N true
View City Lights,Other,Ocean
Building
Lot Description Front Yard
New Construction No
Others
Tax ID 4227001024