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502 Westminster ave
Venice, CA 90291

$2,200,000 USD

Apartments For Sale • 2,728 SF

Property Details

Property Type Apartments
Total Building Size 2,728 SF
Lot Size 0.13 AC
Building Class C
Year Built 1959
Zoning LARD 1.5

50 Transit Score

90 Walk Score

                
                    Highlights
                
                                4-Unit Apartment Building in Prime Venice Location Just 1 Block from Abbot Kinney Blvd
                            
                                Located on a Quiet Residential Street in One of Venice’s Most Desirable Coastal Submarkets
                            
                                Strong Current Income w/ Significant Rental Upside | 5.26% CAP & 13.84 GRM | 7.40% Pro Forma CAP & 10.60 Pro Forma GRM
                            
                                Owner-User Opportunity w/ 1 Unit Vacant
                            
                                4 On-Site Parking Spaces with Alley Access

Property Flyers

502 Westminster Ave, Venice - OM

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	14 min	-	7.0 mi
Bob Hope	37 min	-	24.4 mi
Long Beach (Daugherty Field)	37 min	-	26.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Brett Lyon 310-780-1899 Lyon Stahl Investment Real Estate, Inc.

502 Westminster ave Venice, CA 90291