1312 RIVIERA Avenue Venice, CA 90291
Great opportunity to invest is a classic 1930\'s Spanish style 8- unit property. This trophy property is situated on 2 lots and is located on the corner of Market & Riviera in Venice. There are 5 garages rented for storage that have a large upside for rental increases. The tenants have street parking. The property is about 1/2 way between Abbott Kinney Blvd and Venice Beach. 1 block to Main Street. Upgrades to the property include electrical, plumbing, sewer line and more. The property will be delivered with 2 units vacant and there is huge potential for increased value in both rental increases as well as the location itself is a huge bonus. The property is located within blocks to some of finest shops and restaurants that Venice has to offer. The beach, the shopping, and the upside potential make this a property that will move fast. Showing with offers only so not to disturb tenants. The interior photos are of the units that will be delivered vacant. Buyer to cooperate with seller
- Price per Sqft: $795
- Year Built: 1931
- Stories: 2
- Lot Size: 5,701 SqFt
- Acreage: 0.13
- Parking Type: Street
- Total Floors in Building: 2
- Dryer: 1
- Cooling System: None
- County: Los Angeles
- Area: C11 - Venice
Directions: West of Abbot Kinney, East of Main St, South of Venice
Listing courtesy of RE/MAX ESTATE PROPERTIES
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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