2309 Ocean Ave + 486 Carroll Ave, Venice, CA 90291

486 Carroll Ave, Venice, CA 90291
  • $2,950,000

Description

2309 Ocean Ave + 486 Carroll Ave are two side-by-side parcels situated adjacent to the Venice Canals. The properties consist of four total units, (1) 3-bed/2-bath SFR, (1) 2-bed/1-bath & (2) 1-bed/1-bath situated on a 5,401 Sf lot. Located in the heart of Silicon Beach, the property features three off-street parking spaces and a two-car garage.

Given the property’s ideal location, strong unit mix, and significant upside rent potential, 2309 Ocean Avenue & 486 Carroll Avenue are excellent investment opportunities for any investor seeking growth, stability, and a hedge against inflation.

2309 Ocean Ave & 489 Carroll Ave – Venice, CA 90291 – Quadplex

  • SFR sits on a separate parcel and is not subject to rent control
  • Two parcel combine for 2,704 SF of building space situated on a large 5,401 SF lot
  • 2309 Ocean Ave Parcel – 3-bed/2.5-bath SFR | 486 Carroll Ave Parcel – (1) 2-bed/1-bath. (2) 1-bed/1-bath
  • Alley access to the 2-car garage in rear and three additional parking spaces
  • Potential multifamily/SFR development opportunity (buyer to verify)
  • Highly sought-after quadplex in Venice – only a short distance to Abbot Kinney Blvd, Venice Beach & Boardwalk
  • City Venice
  • State/county CA

Details

Updated on October 21, 2020 at 10:51 am
  • Price: $2,950,000
  • Property Size: 2,704 Sq Ft
  • Land Area: 5,401 Sq Ft
  • Year Built: 1930
  • Property Type: Multifamily
  • Property Status: Active

Overview

  • Multifamily
  • Property Type
  • 2,704
  • Sq Ft
  • 1930
  • Year Built

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