PRIME LOCATION! Flowing asset with Massive Upside. Incredible value-add opportunity. All units are Month-to-month leases, a highly attractive opportunity for strategic tenant repositioning to reset rents to market rates and significantly increase cash flow and property value. This 10-unit investment opportunity is on a 12,562 lot. Roof is 10 years old, electrical upgrades, resurfaced garages, replace wood stairs. Prime location known for its high demand, central location and its appeal to a broad tenant base. Why wait for prices to keep rising, as current trends indicate they will? Units shown with accepted offer. Broker does not guarantee square footage or lot size. Buyer to perform due diligence.
Property Details
Price:
$2,249,000
MLS #:
25504269
Status:
Pending
Baths:
0
Address:
2501 Venice Boulevard
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Feb 27, 2025
State:
CA
ZIP:
90019
Lot Size:
12,566 sqft / 0.29 acres (approx)
Year Built:
1928
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Spots
10.00
Pool Features
None
Roof
Shingle
Spa Features
None
Stories Total
2
Financial
Map
Community
- Address2501 Venice Boulevard Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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2501 Venice Boulevard
Los Angeles, CA
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