Venice, CA 90291,657 San Juan AVE
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Venice, CA 90291,657 San Juan AVE
Venice, CA 90291,657 San Juan AVE
Venice, CA 90291,657 San Juan AVE
Venice, CA 90291,657 San Juan AVE

$1,815,000

Est. payment /mo

$1,890,000

4.0%
Est.Price: ?

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657 San Juan AVE Venice, CA 90291

5,227 Sqft Lot

SOLD DATE : 04/09/2021

Key Details

Sold Price $1,815,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB20243280

Sold Date 04/09/21

HOA Y/N No

Year Built 1952

Lot Size 5,227 Sqft

Acres 0.12

Property Description

LOCATION, LOCATION, LOCATION! We are pleased to present 657 San Juan Ave in Venice. Located just up the street from Abbot Kinney Blvd and less than a mile from the beach, this charming triplex is tucked away in a quiet residential neighborhood, perfect for an owner-user and investor alike. The property consists of (2) 1-Bed/1-Bath Units, (1) Studio Unit, and a converted 3-car garage with ¼ Bath, currently operating as a creative studio/workshop that has historically generated up to $2,200/month. The back unit was fully renovated in 2001 and the front unit in 2006. The middle unit has undergone minor upgrades, including a brand-new refrigerator and fixtures. Exterior upgrades include double-pane vinyl windows, new fence, a metal roof, tankless water heaters, most plumbing upgraded to copper & PVC, and the front unit and gates were recently painted.
The back unit has a large private yard with a brand-new privacy gate. There is additional outdoor space in front of the garage with a sliding gate that locks. There is a laundry shed on-site with W/D hook-ups. Gas & electric are metered separately. Tenants pay their own gas & electric. Landlord pays water & garage/exterior electric. There is a fourth electric meter for the garage that is not currently in use, ideal for a potential garage conversion/ADU build. Do not miss this opportunity to acquire a unique income property in the highly sought-after Venice market, steps from the infamous Abbot Kinney Blvd.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD1.5

Rooms

Ensuite Laundry Common Area, Washer Hookup, Electric Dryer Hookup

Interior

Laundry Location Common Area,Washer Hookup,Electric Dryer Hookup

Fireplace No

Laundry Common Area, Washer Hookup, Electric Dryer Hookup

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Biking, Curbs, Park, Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre, Rectangular Lot

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Patio Home

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4239024037

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Charlie Rasmussen • Lyon Stahl Investment Real Estate, Inc.
Bought with Emmanuel Xuereb • Compass

Anna Taylor

Agent | License ID: 02115281

+1(562) 275-1710

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