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    412 Brooks Ave

    Venice, CA 90291
    • $2,100,000
    • STATUS: Active
    • ON SITE: 14 days
    • ID#: 21-722902
    UPDATED: 65 min ago
    $2,100,000
    • 4
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,355
      SQFT
    • $892
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:
    Area:

    School Ratings & Info

    Description

    Back unit will be delivered vacant! Extremely LOW LOW RENTS, on month2month tenancies! Use your creative mind and imagination on this hugh potential property, a no brainer! The property need upgrading. Each unit have their own gas/electric meters as well as water heaters, owner pay cold water only. Perfect property for owner occupancy or multi ownership in a very sought after location/neighborhood. Buyer to cooperate with Sellers IRS 1031 Tax Delayed Exchange at no additional cost or obligations to the Buyers, not a contingency. Drive by, inside inspection subject to acceptance of the offer. Please don't disturb occupants or walk on the property. Owner will look at offer and response in a timely manner!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-13T17:42:52.9. 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/116559921
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    412 Brooks Ave Venice, CA 90291

    • Price: $2,100,000
    • Status: Active
    • Updated: 65 min ago
    • ID#: 21-722902
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,355
    SQFT
    $892
    $/SQFT
    1964
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    Back unit will be delivered vacant! Extremely LOW LOW RENTS, on month2month tenancies! Use your creative mind and imagination on this hugh potential property, a no brainer! The property need upgrading. Each unit have their own gas/electric meters as well as water heaters, owner pay cold water only. Perfect property for owner occupancy or multi ownership in a very sought after location/neighborhood. Buyer to cooperate with Sellers IRS 1031 Tax Delayed Exchange at no additional cost or obligations to the Buyers, not a contingency. Drive by, inside inspection subject to acceptance of the offer. Please don't disturb occupants or walk on the property. Owner will look at offer and response in a timely manner!
    Exterior Features

    Covered Parking 0 Levels Ground Level Lot Description Alley PavedFenced Yard Lot Location Alley AccessCityFlats Lot Size Area 4999 Other Structures None Parking Garage Above Street Level Paved YN Yes Total Parking 4

    Interior Features

    Baths Total 4.00 Common Walls Attached Cooling None Equipment Built-Ins Flooring Mixed Heating Wall Water Heater Features Gas

    Property Features

    Alley YN Yes Assessed Total Value 403096 Gross Income 47196 Gross Operating Income 47196 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 41000.00 Number Of Buildings 1 Number Of Units 4 Owner Pays GardenerWater Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)GatedSmoke Detector Sewer In Connected And Paid Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Assessor Tenant Pays ElectricityGasHot Water Total Annual Expense 7196 Type Of Units Flats Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Stuart Banerjee DRE#00893654 of D.G. Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-13T17:42:52.9. 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