117 Paloma AVE, Venice, CA 90291
117 Paloma AVE, Venice, CA 90291
117 Paloma AVE, Venice, CA 90291
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,995,000
Est. payment /mo
6 Beds
9 Baths
3,778 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,778 sqft

Price per Sqft $792

MLS Listing ID 26829513

Bedrooms 6

HOA Y/N No

Year Built 1922

Lot Size 3,885 Sqft

Property Description

$200,000 PRICE REDUCTION!!! 117-117 1/2 is a 9-unit apartment building located in the heart of Venice. It is located across the street from the Google Headquarters and the future site of the 341 - unit development for the Venice Metro Yard. The development plan features 12,900 square feet of public open space, a pedestrian crossing for beach access and integration of the existing Vietnam War Memorial. In addition, the project offers 30,000 square feet of commercial space and a subterranean parking garage for residents, commercial tenants, and beach visitors. The property consists of a 2 bedroom + 1 bath house over the garage, 4 - 1 bedroom + 1 bath and 4 Studios. Long term owner - first time on the market in more than 40 years. The property is individually metered for electricity. The 4 Studios are master metered for gas. The remaining 5 units are individually metered for gas. It has copper plumbing and been earthquake retrofitted. Several of the kitchens and bathrooms have been remodeled. The units have hardwood floors. There is on site laundry. The other income ($11,100/year) is from the laundry, parking and garage. The property is located less than 2 blocks from Pacific Ocean on a beautiful walk street surrounded by multi-million dollar homes. It has a 94 Walkscore - close to Abbott Kinney, Main Street, Rose Avenue and the Venice Boardwalk.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LAR3

Interior

Cooling None

Fireplace No

Exterior

Parking Features Garage

Total Parking Spaces 3

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4286016020

Special Listing Condition Standard

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Listed by Michael A Salerno Michael Anthony Salerno #01212427

NEARBY SCHOOL & BUSINESS

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