601 6TH Avenue

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Incredible double-lot opportunity in the heart of Venice. Unbeatable location just a stone's throw to Venice Beach and Rose Avenue, this well-maintained triplex can be combined with the adjacent property at 607 6th Avenue to create an oversized, flat lot of over 11,500 square feet. There are numerous potential options for developers, investors or owner-users: build one large family single home over both lots or two single family homes, multi-family residences, or a small lot subdivision. The existing triplex is well-maintained and there is the opportunity for upside with possible future increases in rent. Owner will consider selling this property individually or combined with the adjacent parcel. This is an opportunity in Venice's prime Silicon Beach. Property is tenant-occupied and currently under rent control. Buyer to investigate development potential. Price, lot size, square footage, etc. indicated for the land and buildings includes the adjacent property at 607 6th Avenue.
601 6TH Avenue, Venice, CA 90291 | Residential Income | Active | 3744 SF | 11566 SF Lot | Built 1955 | 1 Stories | MLS# 18375892

Offered at $3,398,000

Features

Pool: No | Colling : Wall Window

Meet an expert

Troy Palmquist
Agent | CalBRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of November 22, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Jeffrey T. Sandorf, The Agency, Source: Local MLS