New Listing – 2 Units in Venice

New Listing – 2 Units in Venice

Austin Zahn of Lyon | Stahl is pleased to present 425 Venice Way, a 2-unit property in Venice!

This property is offered at $1,490,000

This 1,026 SF building sits upon a 2,249 SF lot just steps away from the world-famous Venice Boardwalk and shops at Abbot Kinney. Both 1-bed 1-bath remodeled units have been pulled off the rental market for two years and will be delivered vacant. This is a great opportunity to live in one unit and rent out the other, develop into your dream home, or hold and cashflow for the years to come!

Investment Highlights: 
• Unit mix: (2) 1 bed + 1 bath units
• Both units will be delivered vacant
• 2 car garage + access to alley
• 1,026 SF Building | 2,249 SF Lot
• Immediate Development Opportunity: Units have been off the rental market for 2 years
• Located in heart of Venice! Near Abbot Kinney shops and restaurants, and the famous Venice Boardwalk


City Overview: 

Venice is a residential, commercial, and beachfront neighborhood on the Westside of Los Angeles bordered by Santa Monica, Mar Vista, Marina del Rey and the Pacific Ocean with a population of 40,885.                                                                                                                                                                       |
Known for its man-made canals, flat beach, and two-and-a-half-mile pedestrian-only boardwalk lined with artists, performers, shops and restaurants, Venice attracts thousands of visitors a day.

Abbot Kinney Boulevard, named after the city’s founder, features foodie hot spots, stylish boutiques and coffee bars. Venice real estate values have stayed the same over the past year.

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