Listed by Kenny Stevens with Compass

354 4th Avenue

Venice, CA, 90291

$9,750,000

$815 per ft²
$9,750,000
$815 per ft²
Active
Active
 - For Sale
beds
31 Beds
baths
17 Baths
carpenters-square
11,958 ft²
property_type
Multi-family
calendar
Built 1964
354 4th Avenue is a modern and tastefully renovated 15-unit courtyard complex located a short walk from Venice Beach and Abbot Kinney. Residing 1 block south of Rose Ave. and 2 blocks east of Main St, this investment property's strategic location offers the quintessential SoCal lifestyle, located near an array of highly-acclaimed entertainment/dining options and convenient access to employment hubs throughout Silicon Beach. In addition to an attractive location in a premier beachside rental market, this value-add property offers approx. 33% rental upside based on renovated units in the building. Please note, 10 of the 15 units have been tastefully renovated to include quartz countertops, an LED lighting package, copper plumbing, new wiring and panels, and a black window package. Property amenities include a new roof, controlled access, a beautifully landscaped community courtyard and approx. 24 covered parking spaces. 354 4th Ave presents investors with the opportunity to acquire an outstanding multifamily asset, with significant financial upside, in a premier beach community offering unparalleled metropolitan amenities.
MLS® ID:
23232949
Listed:
1/15/23
Updated:
3/28/23
Amalfi Estates
Office: (310) 573-4245Email: anthony@amalfiestates.com

Interior Features

Kitchen Appliances
Dishwasher, Disposal, Refrigerator
Total Bedrooms
31
Total Bathrooms
17
Interior Features
Ceiling Fan(s)
Laundry Description
Common Area
Heating
Central

Exterior/Building Features

Lot Size
0.26 acres lot

Other Property Details

Area Name
C11 - Venice
Garage
No
Parking
Covered, Side By Side
Parking Total
24.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LAR4
Buyer Agency Compensation
2.000

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/23 at 3:46 PM UTC

Amalfi Estates
Office: (310) 573-4245Email: anthony@amalfiestates.com
Contact