Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 7 BR |
| Bathrooms: | 10 |
| Area: | 5978 sq ft |
| Lot Size: | 0.14 Acres |
FinancialsPrice:$2,749,000
DescriptionPrice Improvement! Excellent opportunity to purchase a 9-unit building a few blocks from the famous Venice Canals, Ocean Front Walk, and you can purchase the building right next store, 1921 Canal Street, which is also available (also 9-units, Identical unit mix and square footage, can be purchased together or separately). All the Bachelor units in both buildings have kitchenettes. Both Buildings are Fully leased. Some units have been updated. Current Rents well under market value with big upside when units become vacant (Projected at more than 90%). 8 parking spots allocated to tenants for each building. See Income and unit breakdowns. Inside with accepted offer.
NeighborhoodMore listings:
Price Improvement! Excellent opportunity to purchase a 9-unit building a few blocks from the famous Venice Canals, Ocean Front Walk, and you can purchase the building right next store, 1921 Canal Street, which is also available (also 9-units, Identical unit mix and square footage, can be purchased together or separately). All the Bachelor units in both buildings have kitchenettes. Both Buildings are Fully leased. Some units have been updated. Current Rents well under market value with big upside when units become vacant (Projected at more than 90%). 8 parking spots allocated to tenants for each building. See Income and unit breakdowns. Inside with accepted offer.
1917 Canal St 7BR Marina Del Rey La
DescriptionPrice Improvement! Excellent opportunity to purchase a 9-unit building a few blocks from the famous Venice Canals, Ocean Front Walk, and you can purchase the building right next store, 1921 Canal Street, which is also available (also 9-units, Identical unit mix and square footage, can be purchased together or separately). All the Bachelor units in both buildings have kitchenettes. Both Buildings are Fully leased. Some units have been updated. Current Rents well under market value with big upside when units become vacant (Projected at more than 90%). 8 parking spots allocated to tenants for each building. See Income and unit breakdowns. Inside with accepted offer.
NeighborhoodMore listings:
Price Improvement! Excellent opportunity to purchase a 9-unit building a few blocks from the famous Venice Canals, Ocean Front Walk, and you can purchase the building right next store, 1921 Canal Street, which is also available (also 9-units, Identical unit mix and square footage, can be purchased together or separately). All the Bachelor units in both buildings have kitchenettes. Both Buildings are Fully leased. Some units have been updated. Current Rents well under market value with big upside when units become vacant (Projected at more than 90%). 8 parking spots allocated to tenants for each building. See Income and unit breakdowns. Inside with accepted offer.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
