$1,792,307
$1,900,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
4,499 Sqft Lot
SOLD DATE : 02/26/2019
Key Details
Sold Price $1,792,307
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB18293685
Sold Date 02/26/19
HOA Y/N No
Year Built 1947
Lot Size 4,499 Sqft
Property Description
544-546 Grand Blvd is a highly sought-after duplex located walking distance from Abbot Kinney Blvd. This 1,473 SF building was built in 1947 (subject to rent control) and is situated on a large 4,500 SF double lot (50’ x 90’). The property boasts a desirable unit mix of (2) 2-bed/1-bath (the front unit can be delivered vacant). Due to the large lot size, this parcel would be ideal for building two (2) single-family residences (buyer to verify). Located blocks from the beach in the trendy Windward Circle area of Venice, this property is also in close proximity to many shops, restaurants, and schools. Given the property’s high upside in market rent potential (nearly 80% increase) and amazing location, this is a great opportunity for any investor.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Lawn, Landscaped, Yard
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4238019010
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Magnus Hellberg • Compass