8 Beds 8 Baths 5,268 Sq.Ft.
Great opportunity to invest in a classic 1930's Spanish style 8- unit property. This trophy property is situated on 2 lots and is located on the corner of Market & Riviera in Venice. There are 5 garages rented for storage that have a large upside for rental increases. The tenants have street parking. The property is about 1/2 way between Abbott Kinney Blvd and Venice Beach. 1 block to Main Street. Upgrades to the property include electrical, plumbing, sewer line and more. The property will be delivered with 2 units vacant and there is huge potential for increased value in both rental increases as well as the location itself is a huge bonus. The property is located within blocks to some of finest shops and restaurants that Venice has to offer. The beach, the shopping, and the upside potential make this a property that will move fast. Showing with offers only so not to disturb tenants. The interior photos are of the units that will be delivered vacant. Buyer to cooperate with seller.
Campbell Wellman stands as LA's leading luxury real estate brokerage, specializing in prime properties across Mar Vista, Venice, the Pacific Palisades, and throughout Los Angeles County. Our distinguished team excels in helping clients buy and sell luxury homes with a keen emphasis on attention to detail, consistent communication, and prioritizing client requirements. If you're seeking unparalleled expertise in LA's upscale real estate market, trust Campbell Wellman to be your dedicated partner. Let's embark on your property journey together!