$5,875,000
$6,500,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
40 Westminster AVE Venice, CA 90291
3,149 Sqft Lot
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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Bought with Dominick Faraone • Miller & Desatnik Realty Co.