$2,995,000
For Sale

614 6th Avenue

Venice, CA 90291
5608 sqft | 14 beds | 0.13 acres | #24464713
Listing OfficeMarcus & Millichap
Browse 9 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a 5-unit apartment community located at 614 6th Avenue in Venice, California. The subject property is located south of Rose Avenue and North of Venice Boulevard, within minutes of vibrant restaurants, cafes, bars, yoga studios, grocery stores, gyms, and entertainment options. Situated on a 5,667 square foot parcel, the property is made up of one two-bedroom unit and four three-bedroom units. Interiors feature in-unit washer/dryers in all units except Unit 5, and four of the units have gated on-site parking. There is potential to add a fifth parking space by modifying the gate post - buyer to verify. 614 6th Avenue offers investors the opportunity to acquire a stabilized property in a prime Venice location. The neighborhood's proximity to some of Los Angeles's best bars and restaurants will support continued rent growth for a new investor who is looking for stable returns and long-term growth potential.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$2,995,000
      • MLS #24464713
      • MLS #24464713
      • Cost2995000
      • Acres0.1301
      • Square Feet5608
      • Year Built1964
      • Bedrooms14
      • Stories2

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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