Venice, CA 90291,1704 WASHINGTON WAY
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Venice, CA 90291,1704 WASHINGTON WAY
Venice, CA 90291,1704 WASHINGTON WAY
Venice, CA 90291,1704 WASHINGTON WAY
Venice, CA 90291,1704 WASHINGTON WAY

$1,940,000

Est. payment /mo

$2,400,000

19.2%
Est.Price: ?

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1704 WASHINGTON WAY Venice, CA 90291

6,202 Sqft Lot

SOLD DATE : 06/01/2022

Key Details

Sold Price $1,940,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22121647

Sold Date 06/01/22

HOA Y/N No

Year Built 1948

Lot Size 6,202 Sqft

Property Description

Unique 3 unit Income property! Beautiful beach bungalows in the heart of Venice. This high-demand LARD 1.5 zoning, 6200 sq ft larger lot is within walking distance to the ocean & surf, Abbot Kinney, canals, and all nearby shops & restaurants. These adorable, refurbished units sit on a classic tree-lined street with an opportunity for own/live/manage. All appliances, hardwood floors, all plumbing have recently been re-piped with access, beautiful green private patios, and cozy outside seating. Grounds are entirely secure & gated. Common laundry room, enclosed patios, Possible ADU for garage conversion, extremely wide setbacks, & gate enhancing privacy. 1704 Washington Way next door can be sold concurrently (12,407 combined lot size), great for future expansion and development. The owner had an Architect inform that 15-16 units could be built on both lots combined. At current rental income, the property has a 4.8 CAP with upside potential. Matterport virtual model will be available shortly. Photos are of both 1704 and 1708 units.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s)

Cooling None

Flooring Carpet, Tile, Wood

Fireplace No

Appliance Dishwasher

Laundry Common Area

Exterior

Garage None

Community Features Gated

Parking Type None

Building

Story 1

Foundation Slab

Sewer Other

Architectural Style Bungalow

New Construction No

Others

Senior Community No

Tax ID 4228003002

Security Features Gated Community

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Earley • Douglas Elliman of California, Inc.
Bought with Lauren Narozniak • Pardee Properties

Tari Haberfield

Agent | SCKELLWILL01918524

+1(805) 234-6882

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