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923 Venice Boulevard, Venice, CA 90291
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923 Venice Boulevard
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  • MLS#: SB24135652 ( Apartment )
  • Street Address: 923 Venice Boulevard
  • Viewed: 1
  • Price: $5,600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Days On Market: 138
  • Additional Information
  • County: LOS ANGELES
  • City: Venice
  • Zipcode: 90291
  • Provided by: Re/Max Commercial & Investment
  • Contact: Stephen Stephen
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    923 933 Venice Boulevard in Venice, CA, is a classic 1920s architectural apartment building. This property, located just a few blocks from Abbot Kinney and Venice Beach, offers an excellent location. It is adjacent to an 8 unit building also for sale by the same owner. The property provides additional passive income from a billboard lease, generating $4,400 per month. The zoning is C2/R4 TOC Tier 3, allowing for a maximum of 33 units.
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Features
Building Area Total
  1. 11278.00
Carport Spaces
  1. 0.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 96
Electric Expense
  1. 2770.00
Entry Location
  1. ground
Fencing
  1. None
Fireplace Features
  1. None
Fuel Expense
  1. 5540.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 3460.00
Insurance Expense
  1. 7737.00
Laundry Features
  1. Common Area
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Corner Lot
  2. Lot 6500-9999
Netoperatingincome
  1. 213173.00
Newtaxesexpense
  1. 67144.00
Number Of Separate Electric Meters
  1. 15
Number Of Separate Gas Meters
  1. 15
Otherexpense
  1. 1600.00
Otherexpensedescription
  1. RSO
Otherincome1
  1. 4400.00
Otherincomedescription
  1. Billboard
Parcel Number
  1. 4241035008
Parking Features
  1. None
Pool Features
  1. None
Postalcodeplus4
  1. 4904
Professionalmanagementexpense
  1. 12500.00
Property Type
  1. Apartment
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Security Features
  1. Carbon Monoxide Detector(s)
  2. Fire and Smoke Detection System
  3. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 418172734:CRM
Spa Features
  1. None
Suppliesexpense
  1. 8110.00
Totalexpenses
  1. 149354.00
Trash Expense
  1. 1600.00
Uncovered Spaces
  1. 0.00
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Connected
  5. Sewer Connected
  6. Water Connected
Vacancyallowance
  1. 6319
Water Sewer Expense
  1. 2770.00
Water Source
  1. Public
Year Built
  1. 1925
Year Built Source
  1. Assessor
Zoning
  1. LAC2