Back To Search
2422 Venice Boulevard

Los Angeles, CA 90019

$2,000,000 Price
Est. Payment: $ 0/mo
0
Bed
0
Bath
4,716 Sq. Ft.
$424 / Sq. Ft.

2422 Venice Boulevard

Los Angeles, CA 90019

$2,000,000 Price
$0/mo
0
Bed
0
Bath
4,716
Sq. Ft.
2422 Venice Blvd is a 14 unit apartment building located in the Mid-City Submarket of Los Angeles. Located west of Western Ave, in between Gramercy and St Andrews. Built in 1913, the property consists of (13) SRO units and (1) Bachelor unit. Delivered with 9 vacant units. The property includes 4 recently renovated shared bathrooms totaling 7 toilets and 5 showers, on-site gated parking for 5 cars in the rear, on-site laundry, a recently renovated shared kitchen space, and a new roof. The subject property sits on a 6,006 sf lot zoned LAR3. The investment is offered at a very attractive cap rate and GRM with significant upside in rents. This property covers for a $1,400,000 loan at an 8.5% IO rate for 24 months. This along with the significant amenities for an SRO property make this an attractive opportunity for an investor.
PROPERTY INFORMATION
MLS # 24404755 Lot Size 6,008 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 2,000,000
Price Per SqFt: $ 424
DOM 352 Days
Address 2422 Venice Boulevard Type Residential Income
City Los Angeles Sq.Ft. 4,716 Sq. Ft.
Postal Code 90019 Garage N/A
County Los Angeles Year Built 1913
Bed / Bath 0 / 0 Parking 5
Built In 1913 Status Active
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Washer Included, Dryer Included, Community
Has Appliances Yes
Kitchen Appliances Dishwasher, Disposal, Refrigerator
Has Heating Yes
Heating Information Wall Furnace
Has Cooling Yes
Cooling Information Wall/Window Unit(s)
EntryLocation Foyer
Entry Level 1
Has Spa No
SpaDescription None
SecuritySafety Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community, Window Bars
EXTERIOR FEATURES
Roof Composition, Shingle
Has Pool No
Pool None
WALKSCORE
  Walk Score: 86 (Very Walkable)
  Transit Score: 62 (Good Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $2,133
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


/year
/month

/month
PRICE HISTORY
Date Event Price
06/17/2024 Listed $2,000,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

Questions? Contact today.

Use a Topfind agent and receive a cash rebate of up to $20,000
Listing provided courtesy of William James, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
Back To Search