2010 Canal, Venice, CA 90291

$1,595,000

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List Price
$1,595,000
Status
ACTIVE UNDER CONTRACT
MLS#
SR26126394
Year Built
1979
Lot Size
3,086
Acres
0.07
Lot Location
0-1 Unit/Acre
Days on Market
49
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Rare opportunity to acquire a side-by-side pair of Venice duplexes - 2008 and 2010 Canal Street - each offered at $1,595,000 and configured as two units plus a permitted ADU. Built in 1979–1980 and zoned RD2-1-O, these neighboring properties sit steps from the iconic Venice Canals, with walkable access to all Venice has to offer. ADU permits and plans are already issued, providing meaningful upside for the value-add investor or owner-operator. Comparable sales in the immediate area support strong per-unit valuations in one of LA's most supply-constrained coastal submarkets. Available individually or as a combined portfolio - contact us for the full Offering Memorandum.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer, Unknown
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$93,818
Operating Expense
28890

Listing courtesy of Listing Agent: Justin Seigel (justins@adrproperties.com) from Listing Office: ADR/Preferred Bus.Prop.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.