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2320 Penmar, Venice, CA 90291

Property Details

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2320 Penmar
Venice, CA 90291

In Escrow / Under Contract: $2,699,000

Property Type: Fourplex
MLS#: EV18098147

  • Building Size: 5770 SF
  • Lot Size: 5771.7 SF
  • Number of Units: 4
  • Year Built: 1985
  • Days on market: 230
  • Cap Rate: 5.82
  • Net Operating Income: $158,748
  • Gross Scheduled Income: $192,000
  • Rent Control: No
  • GRM: 14.00
  • Contact Listing Agent Direct:

Property Description

Back on the market!. Seller may consider carrying with a 25% down. Non-rent controlled. Well maintained four-plex with great owner's suite. Three large townhouse style apartments with wood burning fireplaces, half bath downstairs, nice deck, master bedroom with private bath, second bedroom and second bath upstairs. Vacant owner's unit with three bedrooms, three baths, two decks and roof top sun deck. Eight covered garage parking spaces. Landscaping, security gate, newly painted exterior, quite street and walking distance to the beach. Units with tenants shown on accepted offers only. Vacant owner's unit may be shown to pre-qualified buyers intending to live there. Please don't disturb tenants.

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2320 Penmar, Venice, CA 90291

Based on information from California Regional Multiple Listing Service, Inc. as of December 1, 2018. 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.

Listing provided by: DANIEL CORCORAN, CAPRE

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