20 Breeze Ave - Apartments FOR SALE


Venice, CA 90291
$3,825,000 USD
310-713-0445
20 Breeze Ave, Venice, CA for Sale
$3,825,000 USD
Apartments - FOR SALE
1/41
null | Request Cap Rate

20 Breeze Ave
Venice, CA 90291


HIGHLIGHTS

  • Price includes both properties APN #4226-003-009 and 4226-003-007

OVERVIEW

Price includes both properties APN #4226-003-009 and 4226-003-007. just 42 steps from the sand and the famous Venice Beach Boardwalk, this beautifully renovated apartment building is located in a desirable Venice Beach neighborhood adjacent to Marina del Rey and Santa Monica. Opportunity to acquire an income property with strong future upside, ideally located on a walk street. First time on the market since the 1970s some units have been renovated (floors, windows, kitchens...) Property must be sold in conjunction with the adjacent property located at 18 Breeze Ave (APN 4226-003-007) only; no separate sale. Subject property to be delivered with one existing tenant. Adjacent four-unit property to be delivered with one existing tenant as well. Buyer to verify all information including square footage, unit count, zoning, development potential, permits, rent roll, and tenancy. Listing broker and seller make no representations or warranties regarding accuracy of information provided. great redevelopment opportunity on this double lot ( please see the renderings )

FOR SALE DETAILS

PRICE

$3,825,000 USD

PRICE/SF

$3,280 USD /SF

# OF UNITS

6

PRICE/UNIT

$637,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

18, 20-22 Breeze Avenue

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,765 SF

ZONING

LARD1.5

APN/PARCEL ID

4226-003-009

ASK ABOUT THIS PROPERTY

Steve ManaviSteve ManaviMore Info
310-713-0445

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Steve ManaviSteve ManaviMore Info
310-713-0445

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.