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113 Clubhouse Ave

Venice, CA 90291
  • $3,000,000
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: 21-107863
UPDATED: 51 min ago
$3,000,000
  • 1
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,516
    SQFT
  • $1,192
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1952
County:
Area:

School Ratings & Info

Description

113 Clubhouse Ave is a tastefully renovated 6 unit building on a double lot located in the heart of popular Venice, CA. The property consists of five studios and one 1 bedroom/ 1 bathroom unit. It's fully parked with 8 spaces, 2 of which are private garages that could either be rented for additional income or retained for the owner's use. There is an on-site laundry room with owned machines and gates on both the front and back of the building for added security. The building has been completely re-piped in copper, has a newer roof, and has had most of its windows replaced. It's situated on a RD1.5 zoned double lot, which makes the property attractive for future development. Featuring a stellar 94 walk score and 100 bike score, 113 Clubhouse Ave provides residents with many of the best things LA has to offer outside their front door. Just a 4 minute walk to the beach and boardwalk, and 3 minutes to shopping, coffee shops, and world class restaurants on trendy Abbott Kinney Blvd. Tenants with young children can walk their kids to Westminster Avenue Elementary in 6 minutes, and pet-loving tenants will enjoy the Westminster dog park located across the street. The property is also very convenient to Santa Monica, LAX airport, and the 90 freeway. This is an excellent opportunity to acquire an inflation hedge with potential future development!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T13:42:37.287. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.brandiprattrealestate.com/homes/123579910
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113 Clubhouse Ave Venice, CA 90291

  • Price: $3,000,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 51 min ago
  • ID#: 21-107863
1
Beds
0
Baths
0
½ Baths
0.1
Acres
2,516
SQFT
$1,192
$/SQFT
1952
Built
Neighborhood:
Venice
County:
Los Angeles
Area:
Venice
Property Description
113 Clubhouse Ave is a tastefully renovated 6 unit building on a double lot located in the heart of popular Venice, CA. The property consists of five studios and one 1 bedroom/ 1 bathroom unit. It's fully parked with 8 spaces, 2 of which are private garages that could either be rented for additional income or retained for the owner's use. There is an on-site laundry room with owned machines and gates on both the front and back of the building for added security. The building has been completely re-piped in copper, has a newer roof, and has had most of its windows replaced. It's situated on a RD1.5 zoned double lot, which makes the property attractive for future development. Featuring a stellar 94 walk score and 100 bike score, 113 Clubhouse Ave provides residents with many of the best things LA has to offer outside their front door. Just a 4 minute walk to the beach and boardwalk, and 3 minutes to shopping, coffee shops, and world class restaurants on trendy Abbott Kinney Blvd. Tenants with young children can walk their kids to Westminster Avenue Elementary in 6 minutes, and pet-loving tenants will enjoy the Westminster dog park located across the street. The property is also very convenient to Santa Monica, LAX airport, and the 90 freeway. This is an excellent opportunity to acquire an inflation hedge with potential future development!
Exterior Features

Lot Size Area 4491 Other Structures None Parking Garage GarageUncovered Total Parking 8

Interior Features

Baths Total 6.00 Cooling None Equipment Built-InsFreezerMicrowaveRange/OvenRefrigerator Heating Wall Laundry Community

Property Features

Alley YN Yes Assessed Total Value 1230040 Gross Income 153228 Gross Operating Income 149631 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 103090.00 Number Of Buildings 1 Number Of Units 6 Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 46451 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Jordan Peikin DRE#02015987 of Clement Partners Real Estate.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T13:42:37.287. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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eXp Realty of California, Inc.
2603 Camino Ramon, Suite 200
San Ramon CA, 94583