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Sold
634 Flower Ave Venice, CA 90291
Sold Price $2,200,000
List Price $2,495,000
4,918 sq ft

Courtesy of Real Estate Experts, Mark Dwelle.

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Mark Dwelle

Mark Dwelle

Seller’s Agent

DRE# 01436775

Property Description

Rare opportunity to own a 5-unit commercial property in famed Venice Beach! One of the only 5-unit complexes in this area, this property is well maintained with modern amenities and is ready to generate rental income immediately. 5 units total: 4 units are 3bd/1.5bath, 1 unit is 2bed/1bath. Off-street parking is available & plenty of on-street spots. Perfect for house-hackers: Live in one unit, rent the others! Lots of income potential, or take advantage of the great location and build your dream home 5 min from the beach! Ideal location, just one block to WholeFoods market, and less than 1 mile to the vibrant Venice Beach strip with boutiques, restaurants, and pubs. A 15 minute walk down to enjoy the ocean, and just 2.2 miles to Downtown Santa Monica

Property Details & Features

Property Type

  • Five Or More Units

Year Built

  • 1963

Schools

  • Los Angeles Unified

Listing

  • Source: MLSListings
  • Listed on 2021-03-19 18:42:18
  • Restrictions: None

Lot

  • Max Area: 5793.00
  • Max Area Units: Square Feet
  • Grade – Sloped Up
  • Potential Re-Zone
  • Lot is 0.13298898071625 acres

Disability Features

  • Parking

House

  • 4,918 structure square feet
  • Age: 58
  • Built in 1963
  • 1 building
  • 5 minimum units in complex

Cooling

  • None

Floors

  • Carpet
  • Laminate
  • Vinyl / Linoleum

Foundation

  • Concrete Perimeter and Slab
  • Concrete Slab

Garage

  • Off-Street Parking
  • On Street
  • Parking Area

Water

  • Public

Heating

  • Wall Furnace

Kitchen

  • Dishwasher
  • Exhaust Fan
  • Garbage Disposal

Location

  • County: Los Angeles

Tenant Pays

  • Utilities – Electric
  • Utilities – Gas

Miscellaneous

  • Total expenses: 11954

Parking

  • 1 parking space

Property

  • Zoning: LARD1.5

Roof

  • Tar and Gravel

Schools

  • Elementary school district: 1527
  • Elementary school district: Los Angeles Unified
  • High school district: 1527
  • High school district: Los Angeles Unified

Security System

  • Other

Taxes

  • Annual tax amount: $2,154

Sewer

  • Sewer – Public

Utilities

  • Separate Electric
  • Separate Gas
  • Individual Gas Meters

Listings last updated on July 5, 2022 3:54AM.

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