116 WASHINGTON Boulevard Venice, CA ^$ 2,195,000

116 WASHINGTON Boulevard

^$ 2,195,000

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116 WASHINGTON Boulevard

Venice, CA, 90292

^$ 2,195,000

Bedrooms1 Baths1.0

Monthly Estimate*

^$ 15,333

Listed by Keller Williams Hollywood Hills

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Multi-Family Home for sale in Venice, CA

for $2,195,000 with 1 bedroom and 1 full bath. This home was built in 1938 on a lot size of 0.04.

With some of the highest drive by counts & pedestrian foot traffic in So Cal, this trophy commercial development opportunity is located next to the iconic Venice Pier and Boardwalk. Surrounded by the ultra-hip influencers & uber-luxury lifestyle, with the trendiest shopping, restaurants & night life, this C4-zoned property allows a qualified investor-developer with an unprecedented opportunity to design-build their dream project, in the heart of Silicon Beach. Be surrounded among Google, YouTube, SnapChat, Electronic Arts & many advertising, high-tech, digital media, marketing companies minutes away, the ability to build multiple levels for various tenants offering stunning ocean views, with the convenience of existing public parking, gives an investor-developer even more flexibility with design concept, development & long-term investment potential of a modern, state-of-the-art multi-tenant commercial project steps from LAX, Loyola Marymount, SoFi Stadium, downtown LA and Santa Monica

Multi-Family Active

Price

^$ 2,195,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Bungalow

Lot Size

0.04

Year Built

1938

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

20585882

Days on Market

1,425

Features

General

Interior Features Storage Workshop

Heating None

Cooling None

Possession CloseOfEscrow

Zoning LAC4

Architectural Style Bungalow

Pool Features None

Security Features Item24HourSecurity

Construction Materials Frame WoodSiding

Year Built 1938

Gross Income 60000.0

Waterfront Features Lagoon OceanFront

County Los Angeles

Net Operating Income 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction North

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Buyer Financing Cash Private

Directions South side on Washington Blvd east of Pacific Avenue

City Venice

Disclosures CoastalZone

Entry Location Ground Level - no steps

View Y/N N

Senior Community Y/N N

Total Units 1

MLS Area C12 - Marina Del Rey

Lot Size Square Feet 1890.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name WASHINGTON

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Property Condition UpdatedRemodeled

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://vimeo.com/421627763

Days on Market 165

Standard Status Active

Interior

Flooring Tile

Fireplace Features None

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Window Features BayWindows

Fireplace Y/N N

Street Suffix Boulevard

Laundry Features None

Electric On Property Y/N N

Exterior

Parking Features Driveway Garage Guest OneSpace OnStreet SideBySide Tandem

Lot Size Area 1890.0

Number of Buildings 1

Spa N

Lot Dimensions 30x63

Lot Size Acres 0.04

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 116

* Excluded Features

List By

Keller Williams Hollywood Hills

Broker

(310) 420-0615

Phone

Affordability Calculator

$15,333

Per Month

Monthly Principal & Interest: $15,333
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Venice, CA

Average List Price ^$2,961,645

Percent of Sale Price 35%

About Venice, CA

29,124 Population

-6% Since 2002

^$89,009 Median Income

41.51 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/12/2023	$2,195,000		Listed Price

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116 WASHINGTON Boulevard, Venice, CA, 90292 is a Multi-Family Home for sale at $2,195,000 with a lot size of 0.04. 116 WASHINGTON Boulevard has 1 bedrooms, 1.0 baths, and was built in 1938. The property's zip code is 90292 which is in Venice, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/2024. 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.

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116 WASHINGTON Boulevard

Multi-Family Home for sale in Venice, CA

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