515 Santa Clara Avenue, Venice, Los Angeles County, CA, 90291 Los Angeles CA US

This is the opportunity you've been waiting for. Location, location, location - just a short distance to the famous Abbott Kinney and some of the finest restaurants and coffee shops. This is a beautifully landscaped income property consisting of 6 spacious sun filled bungalow units with No LA Rent Control. The current cap rate is 4.3% and with rent increases easily over 5%. Each units has individual circuit breaker boxes in the apartment, updated kitchens, bathrooms, flooring and water heaters. All 6 units have private decks with the 2 front units having incredibly huge decks within a private yard. The 2 middle units have newer mini split hvac units. There is a garage consisting of 2 units and an attached common laundry room. In the back of the property there is also a barbeque and dining area. There is financing that can be assumed, please inquire as to the specifics. The location of this property makes it easy for groceries, coffee, dining and just walking to the beach. Find out more about this property. Request details here