818-574-5132
101 Dudley Ave, Venice, CA for Sale
Apartments - FOR SALE
1/27
null | Request Cap Rate

101 Dudley Ave
Venice, CA 90291


HIGHLIGHTS

  • Incomparable Venice Location
  • One of Venice’s Most Iconic, Recognizable, & Unique Property’s
  • Walk to Abbot Kenny, Main St., or Rose Ave.
  • 3-Minute Walk to Sand (Property Located on Beach Access Path)
  • 11 Surface Parking Spaces (A Luxury for The Area)
  • Short-Terms Rental Optionality (Two Current Vacancies)

OVERVIEW

Assumable Financing! Luther Burbank Bank, Interest rate: 4.35%, Good until: 7/25 One of Venice’s most iconic buildings, 101 Dudley Avenue has been a Venice mainstay since its inception in 1914. A highly visible property on Pacific Avenue, 101 Dudley Avenue is a premier Venice location just steps from The World-Famous Venice Beach & Boardwalk. 101 Dudley Avenue itself is actually a public footpath designed for convenient beach access. Altogether, the property is 29-units, 22 of which are guest-rooms with common area bathrooms which lock for privacy and are kept clean by property management. 5 singles and 2 one bedroom-one bath units round out the total unit-mix. The property also features 11 surface parking spaces (a luxury for the area), all of which collect additional income. Given the ideal location and unit-mix, there’s unique optionality in targeting long or short-term rentals. The property features on-site laundry, entry courtyard, and is a secured access building. Buyer to verify all info. PLEASE SUBMIT ALL OFFERS. This is a RARE opportunity to acquire Venice history. The property is well-located in one of the most celebrated and coveted locations in the country. There’s no shortage of options with immediate proximity to well-known retail destinations, eateries, and entertainment. The area is anchored by Main Street, Abbot Kinney, and Rose Avenue – All within a short walk. The property is at the center of everything Venice. Adjacent neighborhoods include Santa Monica and Silicon Beach.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

29

CAP RATE

Request Cap Rate

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

UNPRICED - Assumable Financing!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1914

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R3-1

APN/PARCEL ID

4286-016-046

ASK ABOUT THIS PROPERTY

David LeibowitzIREA, Inc.More Info
818-574-5132

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David LeibowitzIREA, Inc.More Info
818-574-5132

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