Comm Ri Multi-units 5+ For Sale
4,918 Sqft - 634 Flower Avenue, VENICE (LOS ANGELES), California 90291
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
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81835074
Price : $2,495,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,918 Sqft
Year Built : 1963
Lot Area : 0.13 Sqft
Features
Heating System : Wall Furnace
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Los Angeles
City : VENICE (LOS ANGELES)
Zipcode : 90291
Street : Flower Avenue
Street Number : 634
Floor Number : 0
Longitude : W119° 31' 47.4''
Latitude : N33° 59' 55''
MLS Addon
Office Name : Real Estate Experts
Building Type : Other
Area : All Other Counties/States
Address : 634 Flower Avenue
Cross Street : 6th Ave
LA1User Code : MLL5080651
LA1Agent First Name : Mark
LA1Agent Last Name : Dwelle
Status Category : Sold
Tot # Parking Spaces : 1
Tot # of Units : 5
Zoning : LARD
List $/SqFt : $0
Age : 58
Apx Lot Sq Ft : 5,793 Sqft
Type of Building : Apt Complex
Annual Taxes : $2,154
Total Deposits : $0
ALL UNITS HAVE : Refrigerator
FLOORING : Laminate
ON-SITE PARKING DESC : Parking Area
OPERATING EXPENSES : Miscellaneous/other
SOME UNITS HAVE : Updated Baths, Updated Kitchen
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 3.47
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,495,000
Sold Price : $2,200,000
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 98628
Net Oper Income : 86674
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 4800
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 25.30
Buyer Agent DRE Num. : 01995300
List Agent DRE Num. : 01436775
Filtered Address : 634 Flower AVE
Branded Media Link : https://tour.caimagemaker.com/l/?id=172564
LA1Agent License ID : 01436775
LA1Old Agent ID : 372383
LA1NRDS_ID : 191008375
SA1Agent First Name : Olympia
SA1Agent Last Name : Pistalu
SA1Agent License ID : 01995300
SA1User Code : MLL5076597
SA1Old Agent ID : 351820
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 4240-012-007
Showing : Do Not Disturb Occupants,No Sign,See Remarks
SO1Office Abbreviation : MLL5012265
SO1Office Name : Real Estate Experts
LO1Main Office ID : 81428
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 81428
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 2200000
Address Search Number : 634
Listing Agent : 328453
Listing Office : 81428
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 303064
Buying Office 1 : 81428
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 16
Input Date : 20/03/2021 01:42:18
Update Date : 22/07/2021 10:02:53
PhotoTimestamp : 22/07/2021 01:07:11
First Photo Add Timestamp :
List Date : 20/03/2021
Expire Date :
Pending Date : 01/05/2021
Closing Date : 20/07/2021
Status Date : 21/07/2021
Price Date :
Off Market Date : 01/05/2021
Status : Sold
HOA : No
Off Market Status Date :
LVT Date :
DOMLS : 43
Cumulative DOMLS : 43
Unit # 1 # of Bedrooms: 3
Unit # 1 Approx. SqFt: 900
Unit # 2 # of Bedrooms: 3
Unit # 2 Approx. SqFt: 900
Unit # 3 # of Bedrooms: 3
Unit # 3 Approx. SqFt: 900
Unit # 4 # of Bedrooms: 3
Unit # 4 Approx. SqFt: 900
Unit # 5 # of Bedrooms: 2
Unit # 5 Approx. SqFt: 900
