1016 Oakwood Ave, Venice, CA, 90291

USD 1,999,999
For Sale MLS: 26635523

Property Details

Bedrooms

4

Bathrooms

2

Property Type

multi family

Description

Multi Family in Venice, CA - Bedrooms: 4 - Bathrooms: 2 - Area: 1616 sqft - Year Built: 1905 - Lot: 3838 sqft

Listing Agent: Brandon Meneses Brokerage: The Beverly Hills Estates Inc.

Front Unit is vacant, Back House can be delivered vacant. Introducing the epitome of California Bungalow living nestled in the highly sought-after Oakwood section of Venice Beach. Enjoy 2 separate homes on this spacious lot with each house having its own outdoor space and private entrances. This property serves as the perfect home for an owner / user or passive income source for an investor. Live in 1 house while renting out the other, live in both houses, or simply rent out both houses for ultimate passive income. This exceptional property showcases the perfect blend of functionality and character, offering two distinct houses, a total of 4 bedrooms, 2 bathrooms, and a spacious living space spanning 1,616 square feet. The front unit welcomes you with a well-designed layout featuring three beautifully appointed bedrooms and an elegantly styled bathroom. The ambiance exudes warmth and comfort, creating an inviting space for relaxation. The back unit offers a cozy retreat with one bedroom and one bathroom, providing a private oasis that can accommodate guests, serve as a home office, or generate rental income. Both units have undergone exquisite remodeling, boasting gorgeous kitchens and upgraded bathrooms. Additionally, each unit enjoys the luxury of its own private yard, enhancing the outdoor living experience. The property has been immaculately kept up with both side fences having been recently rebuilt. Conveniently located within a short distance to the beach, and just steps away from the trendy restaurants and shops of Abbot Kinney and Rose Ave, this delightful duplex offers the epitome of coastal living. Whole Foods and Barry's Gym are also within easy reach, adding to the convenience and lifestyle amenities. Immerse yourself in the vibrant Venice Beach community, where you'll have access to breathtaking coastlines, fashionable boutiques, renowned dining establishments, and a thriving cultural scene. Embrace the coastal lifestyle and indulge in the beauty and charm that Venice Beach has to offer. Don't miss out on this exceptional opportunity to own a slice of paradise in Venice Beach with this remarkable duplex. Make your dream of coastal living a reality today.

Location

Address

1016 Oakwood Ave, Venice, CA, 90291

City

Venice

Features and Finishes

Bedrooms: 4, Total Bathrooms: 2, Full Bathrooms: 2, Laundry Features: In Unit, Cooling Features: Air Conditioning, Wall/Window, Heating Features: Central, Wall, Heating: Yes, Water Heaters: Tankless, Lot Description: Landscaped, Fenced, Fenced Yard, Yard, Front Yard, Lot Size Acres: 0.0881, Lot Size Dimensions: 38x101, Lot Size Source: Survey, Lot Size Square Feet: 3844, Parking Features: Driveway, Private, On street, Parking Total: 1, Number of Buildings: 2, Number of Units: 2, Unit Type: 2, Bedrooms in Unit-1: 3, Bedrooms in Unit-2: 1, Total Bathrooms in Unit-1: 1, Total Bathrooms in Unit-2: 1, Full Bathrooms in Unit-1: 1, Full Bathrooms in Unit-2: 1, Unit 1 Total Actual Rent: 6000, Unit 2 Total Actual Rent: 4500, Gross Income: 120000, Gross Scheduled Income: 120000, Source Listing Status: Active, County: Los Angeles, Directions: West of Lincoln, between California Ave and Broadway, Source Property Type: Residential Income, Area: Venice, Source Neighborhood: Venice, Parcel Number: 42

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