LOCATION LOCATION LOCATION! We are pleased to present 528 Westminster Ave, a duplex with incredible value-add opportunity in Venice, CA. Abbot Kinney, dubbed by GQ as “the coolest block in America” is a mile-long strip of the latest fashion, art, and food just minutes from Venice Beach. Just up the street, you’ll find this hidden gem. Situated on a 5,201 SF street-to-alley lot, this 1,812 SF 2-story duplex consists of two (2) 2-Bedroom 1-Bathroom units. The property features copper plumbing, a 2-car garage, 3 uncovered parking spaces, and the lot is secured by perimeter fencing with padlock entry, Each unit is separately metered for gas, water, and electric and all utilities are paid by the tenant. The tenant also pays for maintenance and minor repairs. This highly-coveted location is more than ideal for both an owner-user looking to immerse themselves in the plush culture Venice has to offer as well as for an investor searching for a property that holds strong rent appeal that will produce steady returns. There is also development potential, with an empty lot next door and an alley in back. You don’t want to miss out on this incredible opportunity.
Listing courtesy of Listing Agent: Nico Rosmarin (nico@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Cameron Samimi from Lyon Stahl Investment Real Estate, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.