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705 Flower Ave
Venice, CA 90291

$1,775,000 USD

Apartments For Sale  •  1,540 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,540 SF
  • Lot Size 0.13 AC
  • Building Class B
  • Year Built 1939
  • Zoning RD 1.5
50 Transit Score
60 Walk Score

Highlights

Approved ADU Opportunity – Fully approved permits allowing a buyer to begin construction immediately after closing.
Quiet residential setting just one block from Whole Foods Market, and approximately seven blocks from Venice Beach and Main Street Santa Monica.
Pride of Ownership Asset – Extensively upgraded over years of ownership with substantial capital improvements already completed
Major improvements include updated electrical and plumbing systems, upgraded gas service, new roofing, smooth stucco, remodeled units & new decking
Strong In-Place Income – Approximately $121,000 in scheduled gross income generated by four studio apartments and four separately leased garages.
original hardwood flooring, spacious kitchens, private decks and patios, and mature landscaping that creates a private, garden-like setting.

Public Transportation

AirportDriveWalkDistance
Los Angeles International 11 min - 6.9 mi
Bob Hope 37 min - 24.3 mi
Long Beach (Daugherty Field) 35 min - 26.2 mi
David Messiah 310-561-2384 Lyon Stahl Investment Real Estate
David Messiah 310-561-2384 Lyon Stahl Investment Real Estate