Property
Ownership: | For Sale |
---|---|
Bedrooms: | 5 BR |
Bathrooms: | 5 |
Area: | 5206 sq ft |
Lot Size: | 0.12 Acres |
Financials
Price:$1,175,000
Listing Courtesy of Westgate Property Group Inc.
563 Westminster Ave 5BR Marina Del Rey La
Description
A rare and exciting opportunity to own a 50% Tenant-In-Common (TIC) interest in a charming Venice triplex, located just blocks from Abbot Kinney, the beach, and the iconic canals. This offering includes exclusive use of a spacious 1400 SQFT 2-bedroom, 2-bath unit (#3), full of Venice charm with hardwood floors, an updated kitchen, fireplace and abundant natural light. In addition, the buyer will receive 50% ownership interest in the detached front bungalow, creating potential for shared income, flexible use, or future value. Each unit enjoys a private garage with storage plus one additional assigned parking space in a secured lot, a rare luxury in Venice. With no HOA dues, this is an ideal alternative to a condo, offering the benefits of ownership at a more accessible price point in one of LA's most vibrant neighborhoods. This is a TIC sale for a 50% undivided interest in the entire property, with exclusive rights to one unit and shared ownership in the front bungalow.
Amenities
- 2 Staircases
- Balcony
- Common Walls
- Covered Porch
- Drywall Walls
- High Ceilings (9 Feet+)
- Living Room Balcony
- Porch - Front
- Quartz Counters
- Rain Gutters
- Recessed Lighting
- Slab
- Sliding Glass Doors
- Storage Space
- Tile Counters
- Two On A Lot
- Two Story Ceilings
Neighborhood
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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.