This corner lot presents numerous opportunities. Owner/user (unit 1 can be delivered vacant), a redevelopment play, or an income property in the high demand rental market of Venice. All 3 units are 1 bed/1 bath California bungalow style units. The 1,933 sq ft of living space sits on a 4,114 sq ft corner lot is located in the President’s Row neighborhood of Venice, a quiet residential neighborhood located between Washington Boulevard and Venice Boulevard, east of Abbot Kinney Boulevard and west of Lincoln Boulevard. A 3-car garage and onsite laundry can generate additional income. With a walkscore of 86 and conveniently located just few short blocks from Abbott Kinney, tenants can walk to popular shops, restaurants, galleries and Venice Ocean Front Walk. Venice median home sales prices have increased over 135% since January 2012, making it incredibly difficult for home ownership and ensuring a continued strong rental market. Seller is licensed CA broker.
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