Venice, CA 90291,40 Westminster AVE
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Venice, CA 90291,40 Westminster AVE
Venice, CA 90291,40 Westminster AVE
Venice, CA 90291,40 Westminster AVE
Venice, CA 90291,40 Westminster AVE

$5,875,000

Est. payment /mo

$6,500,000

9.6%
Est.Price: ?

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40 Westminster AVE Venice, CA 90291

3,149 Sqft Lot

SOLD DATE : 05/12/2022

Key Details

Sold Price $5,875,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22116057

Sold Date 05/12/22

HOA Y/N No

Year Built 1912

Lot Size 3,149 Sqft

Property Description

Silicon Beach Trophy asset located just off the beach on one of the hottest and most sought-after rental markets in the city that has made an extraordinary comeback post-Covid. Lots of capital improvements invested to bring this charming 1912 building into the 21st century, including new copper plumbing for most of the building, new shear wall, new entrance, new electrical subpanel, water heater and replacement of water, waste, vent and gas line, as well as many other interior and exterior common area upgrades. Most unit remodels include new kitchens, bathrooms, wall heaters, Low-E dual glaze windows, interior doors, lighting, tile, floors and more. Not only is it steps away from the sand, but the building is in close proximity to Abbott Kinney and Main Street. Ideal unit mix of Bachelors, Studios, One and Two-Bedrooms. Good rental upside.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Flooring Laminate, Wood

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Garage None

Parking Type None

Building

Story 3

New Construction No

Others

Senior Community No

Tax ID 4226006019

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Eric Sackler • Coldwell Banker Realty
Bought with Dominick Faraone • Miller & Desatnik Realty Co.

Tari Haberfield

Agent | SCKELLWILL01918524

+1(805) 234-6882

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