4 units with Larger Unit Mix in Venice

Hot Venice listing

Investors will grab this one.  Great performance on the rents will carry a larger loan and these rents will keep going up!  Trendy Venice area and walk to Abbot Kenny.  Renting larger units is a dream.  Fully renovated building means top dollar income and lower maintenance expenses to boot.

Unit mix:

1. 4 bedroom 2 bath - $3,600
2. 2 bedroom 1 bath - $1,290
3. 1 bedroom 1 bath -  $  750
4. 2 bedroom 1 bath - $1,850

Income of $ 90,780 per year on current rents!

Parking

Secure parking for 4 cars behind roll up security doors into the private back carports assure your tenants that they will always have a safe and secure parking spot.  This really adds to the value of the units when your property is near the beach.

Investors

In Venice this is a good investor property.  Review with Keith the benefits that you receive as the owner of a clean rental property where the long term benefits are strong.

Will require 30% or more down payment on listing price of $ 1,579,000.

Email to Keith

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