CA > Los Angeles
Los Angeles, CA 90019,2422 Venice Blvd
Los Angeles, CA 90019,2422 Venice Blvd
Los Angeles, CA 90019,2422 Venice Blvd
9
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$2,000,000
Est. payment /mo
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5 BA
4,716 SqFt
Active

2422 Venice Blvd Los Angeles, CA 90019

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Nikki Bonifatto

Nikki Bonifatto

+1(702) 467-7343

UPDATED:

06/25/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,716 sqft

Price per Sqft $424

MLS Listing ID 24-404755

Style Mid-Century

Construction Status Updated/Remodeled

Year Built 1913

Lot Size 6,008 Sqft

Acres 0.1379

Property Description

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.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Range/Oven, Refrigerator, Garbage Disposal, Washer, Dryer, Dishwasher

Laundry Community

Exterior

Garage Carport

Garage Spaces 5.0

Pool None

Waterfront Description None

View Y/N Yes

View City

Roof Type Composition, Shingle

Building

Story 2

Sewer In Street

Water Public

Architectural Style Mid-Century

Level or Stories Multi/Split

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

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2422 Venice Blvd