1520 Andalusia Ave - Apartments FOR SALE


Venice, CA 90291
$2,980,000 USD
310-890-7438
1520 Andalusia Ave, Venice, CA for Sale
$2,980,000 USD
Apartments - FOR SALE
1/32
null | 4.16% Cap Rate

1520 Andalusia Ave
Venice, CA 90291


HIGHLIGHTS

  • Just steps to Venice's world famous Abbot Kinney Blvd with trending shops, restaurants and galleries.
  • Heart of Silicon Beach with affluent tenant base and high demand location.
  • Charming courtyard bungalow configuration. Just a short walk to the beach and Venice Boardwalk..
  • $375,000 per unit.

OVERVIEW

Located just one block south of Abbot Kinney Blvd in Venice's favorite neighborhood! Close to Venice Beach and steps to popular Abbot Kinney shops, restaurants, and galleries. Charming central courtyard configuration with 6 studio and 2 one bedroom apartments. Expenses are approximate (35%) including new property tax. No parking on premises. Please see Offering Memorandum and rent roll under " Attachments". Also included is drone video under property photos. Inside with accepted offer. Thank you for not disturbing the tenants! Please Contact David.

FOR SALE DETAILS

PRICE

$2,980,000 USD

PRICE/SF

$893 USD /SF

# OF UNITS

8

PRICE/UNIT

$372,500

CAP RATE

4.16%

% LEASED

87%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

LARD1.5

APN/PARCEL ID

4238-004-017

ASK ABOUT THIS PROPERTY

David PutnamBerkshire Hathaway California PropertiesMore Info
310-890-7438

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

David PutnamBerkshire Hathaway California PropertiesMore Info
310-890-7438

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