626-487-4300
40 30th Ave, Venice, CA for Sale
Multi-Family - FOR SALE
1/14
null | Request Cap Rate

40 30th Ave
Venice, CA 90291


HIGHLIGHTS

  • HEAVILY UPDATED AND RENOVATED DUPLEX
  • 1 BLOCK FROM THE SAND
  • AROUND THE CORNER FROM WASHINGTON BLVD.
  • TWO EXTRA NON-CONFORMING UNITS FOR FLEXIBLE USE

OVERVIEW

A rare opportunity to own a heavily updated duplex in a prime part of Venice with on-site parking. 40 30th Avenue is ideally positioned just steps from the beach and around the corner from the restaurants, shops, and neighborhood favorites along Washington Blvd. The property has been extensively and tastefully updated. Both units were fully remodeled, and significant building upgrades include fully updated electrical system/meters, updated windows, copper plumbing and a new roof installed in 2022. Adding to the property's upside and value-add play are two non-conforming studio units, providing a new owner with some exciting options such as mid-term rentals (Buyer to verify). One of them has been fully remodeled and offers the possibility of permitting it to become an ADU. Buyer to verify allowability with the City. The other unit could offer an owner the option of a work office or creative studio space. This gem offers proximity to the beach with three on-site parking spaces including one enclosed garage. The large private patio is perfect for entertaining, relaxing, and enjoying the sun and coastal air of beach city life. With its prime location near the sand and Washington Boulevard, remodeled units, significant capital improvements, valuable on-site parking, and flexible additional spaces, 40 30th Avenue, represents a truly unique Venice offering with multiple paths for an investor to enjoy and unlock additional value.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

2

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

VENICE DUPLEX 1 BLOCK FROM BEACH!

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

3

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

4226-023-026

ASK ABOUT THIS PROPERTY

Alexander MetaxasRealty Investment AdvisorsMore Info
626-487-4300

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Alexander MetaxasRealty Investment AdvisorsMore Info
626-487-4300

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