14 AVE OZONE, VENICE, CA 90291

parkingSpaces 11
|Other
THB ฿158,720,775
USD $4,650,000
Published on: 15 Apr 2020
Last updated on: 19 Jun 2020
14 AVE OZONE, VENICE, CA 90291
14 AVE OZONE, VENICE, CA 90291
  • 2
Property ID: 110052571451
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Residential Income - VENICE, CA

14 AVE OZONE, VENICE, CA 90291
The "Waterfront View Lofts", a 6 unit apartment and office located just steps from the historic and eternally hip Venice Boardwalk, just north of Rose Ave. The units all have ocean views from nearly every window and balcony with the upper three featuring a loft style bedroom and bath. One corner unit has a private roof deck. The property is situated on a street to alley lot on 3 sides, with a South facing facade. Additional features include secured entry, balconies. remodeled units, of which 4 come fully furnished. This asset would make for an ideal high yield, corporate, artist, and extended vacation 30+ day residency. Several units are intentionally held vacant so that the next operator has maximum control of the business plan.  Current potential rents comfortably align the property's pricing to CAP rate expectations for this submarket, making this purchase opportunity a "more than prudent choice" for savvy investors seeking this level of quality & location.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Parking Spaces
11
Year Built
1973
Architecture Style
Other
Num Floors
3
Franchise
RE/MAX International
County
Los Angeles
Parcel ID
4286-019-001
Provider
RE/MAX Estate Properties
Address
14 AVE OZONE, VENICE, CA 90291
Contact Agent
Scott Rosenberg
7131 MANCHESTER BLVD, Los Angeles, CA 90045
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Scott Rosenberg
7131 MANCHESTER BLVD, Los Angeles, CA 90045
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      Property ID: 110052571451

      Data provided by RE/MAX Estate Properties, MLS #: 20-569618
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