217 VENICE Way

0

217-221 Venice Way is an existing 4-plex in Venice Beach (to be delivered vacant). The property is two blocks from the beach, Venice Boardwalk, Venice Canals, Windward Circle, and walking distance to Abbot Kinney. Advantageous to the buyer, the four 2-bedroom units are currently being rented as short term rentals. On August 22nd, 2019 the property received a notice of intent to issue permit from the Coastal Commission. Notice of Intent to Issue Permit from the California Coastal Commission allows for the following and is contingent upon conditions indicated in the Notice of Intent. (see Notice of Intent to Issue Permit):- Demolition of existing 2 story 4 unit apartment building. - Construction of three separate single family homes on three separate lots at approximately 4,700 sf each with basements (2,770 sf above ground). Gross Income it projected property will be delivered vacant.
217 VENICE Way, Venice, CA 90291 | Residential Income | Active | 5923 SF Lot | Built 1947 | 2 Stories | MLS# 20559418

Offered at $3,500,000

Features

Pool: No | Heating : Combination

Meet an expert

Troy Palmquist
Agent | DRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of April 10, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Oliver Fries, Paloma Realty Partners, Inc., Source: Local MLS