544 Grand Blvd
VENICE, CA 90291

Property

Ownership: For Sale
Bedrooms: 2 BR
Bathrooms: 2
Area: 4500 sq ft
Lot Size: 0.10 Acres

Financials

Price:$1,200,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Coldwell Banker Realty

544 Grand Blvd 2BR Marina Del Rey La

Description

544-546 Grand Blvd, Venice CA. a duplex built in 1947 is in original condition consisting of approximately 1,473 sq. ft. in whole, total with two units, each 1 bedroom and 2 bathroom. The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO) and JCO. Unit 546 is occupied by long-term tenants over 62 years of age who have resided at the property for over 10 years and currently pay $1,713.92 per month. Unit 544 is tenant-occupied at $3,034.90 per month. The property was previously the subject of an Ellis Act withdrawal application that was declined, and tenants in Unit 546 recently prevailed as defendants in an unlawful detainer action. New owner will take title subject to all existing tenancies, rent control restrictions, and tenant protections, which may limit future use, redevelopment, or withdrawal from the rental market. Buyer to independently investigate all state and local laws, tenant rights, zoning, and regulatory limitations, and consult legal counsel prior to purchase. Property is sold as-is, where-is, with no representations as to future use or vacancy.

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CLAW

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.