354 4th Ave, Venice, Los Angeles County, CA, 90291 Los Angeles CA US

USD 9,750,000
For Sale MLS: 23-232949

Property Details

Bedrooms

31

Bathrooms

3

Neighborhood

Venice

Property Type

MultiFamily

Description

354 4th Avenue is a modern and tastefully renovated 15-unit courtyard complex located a short walk from Venice Beach and Abbot Kinney. Residing 1 block south of Rose Ave. and 2 blocks east of Main St, this investment property's strategic location offers the quintessential SoCal lifestyle, located near an array of highly-acclaimed entertainment/dining options and convenient access to employment hubs throughout Silicon Beach. In addition to an attractive location in a premier beachside rental market, this value-add property offers approx. 33% rental upside based on renovated units in the building. Please note, 10 of the 15 units have been tastefully renovated to include quartz countertops, an LED lighting package, copper plumbing, new wiring and panels, and a black window package. Property amenities include a new roof, controlled access, a beautifully landscaped community courtyard and approx. 24 covered parking spaces. 354 4th Ave presents investors with the opportunity to acquire an outstanding multifamily asset, with significant financial upside, in a premier beach community offering unparalleled metropolitan amenities. Find out more about this property. Request details here

Location

Address

354 4th Avenue, Venice, California 90291, United States

City

Venice

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