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36 Paloma Ave

Venice, CA 90291
  • $2,400,000
  • STATUS: Active
  • ON SITE: 186 days
  • ID#: 21-677120
Price Reduced
UPDATED: 39 min ago
$2,400,000
  • 6
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,120
    SQFT
  • $769
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:
Area:

School Ratings & Info

Description

PROBATE SALE. Court Confirmation MAY BE required. Triplex in Venice, for sale AFTER 35 years! Stone-throw away from Venice Beach. Top floor 3 bed 2.5 bath unit, approx. 1,600SF, delivered vacant. Other 2 units are tenant occupied. Property is subject to City of LA Rent Stabilization Ordinance. All units separately metered for electricity. Great upside potential. Sold "As Is" And "Where Is" with current tenants in place. Income details below assumes market rent of $6,500 for the vacant 3 bedroom unit. Seller is a Court appointed fiduciary and cannot make any representations as to the condition and history of the subject property. Buyer to conduct their own investigations.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T13:43:02.057. 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/113526043
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36 Paloma Ave Venice, CA 90291

  • Price: $2,400,000
  • Status: Active
  • Updated: 39 min ago
  • ID#: 21-677120
6
Beds
0
Baths
0
½ Baths
0.08
Acres
3,120
SQFT
$769
$/SQFT
1964
Built
Neighborhood:
Venice
County:
Los Angeles
Area:
Venice
Property Description
PROBATE SALE. Court Confirmation MAY BE required. Triplex in Venice, for sale AFTER 35 years! Stone-throw away from Venice Beach. Top floor 3 bed 2.5 bath unit, approx. 1,600SF, delivered vacant. Other 2 units are tenant occupied. Property is subject to City of LA Rent Stabilization Ordinance. All units separately metered for electricity. Great upside potential. Sold "As Is" And "Where Is" with current tenants in place. Income details below assumes market rent of $6,500 for the vacant 3 bedroom unit. Seller is a Court appointed fiduciary and cannot make any representations as to the condition and history of the subject property. Buyer to conduct their own investigations.
Exterior Features

Carport Spaces Total 3 Covered Parking 2 Cross Streets Sunset Ave. And Pacific Ave. Direction Faces North Levels Two Lot Size Area 3523 Other Structures None Parking Garage Garage Is AttachedGarage - 2 CarCarport Pool Description None Pool YN No Spa None Spa YN No Style Low Rise Total Parking 5 View Description Walk Street View YN Yes

Interior Features

Baths Total 5.00 Common Walls Detached/No Common Walls Cooking Appliances Free Standing Gas Cooling Ceiling Fan Den No Dining Room No Equipment None Family Room No Fireplace Rooms None Flooring Carpet Heating Wall Laundry In UnitLaundry AreaInside Rooms StudioLiving RoomDining AreaOther Water Heater Features Water Heater Unit

Property Features

ADACompliance No Alley YN Yes Assessed Total Value 134159 Gross Income 123320 Gross Operating Income 117154 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 74231.00 Number Of Buildings 1 Number Of Units 3 Rent Control YN Yes Sale Type Probate Listing Security Features Carbon Monoxide Detector(S)Smoke Detector Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityGas Total Annual Expense 42923 Type Of Units Multi-Family Water In Street Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Vineendra Jain DRE#01413466 of Ingenious Asset Group, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T13:43:02.057. 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