3000 Grand Canal Active

Venice (los Angeles),CA 90291

$ 6695000

- Bed

0 Bath

7068 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,068 sqft

Price per Sqft $947

MLS Listing ID CL24415065

HOA Y/N No

Year Built 2010

Lot Size 5,988 Sqft

Acres 0.14

Property Description

Trophy Canal front 5 unit Building on the famed Venice Canals. Newer construction just 2 blocks from the Ocean and minutes from famous Abbott Kinney, Marina Del Rey, Venice boardwalk and all the best Restaurants/hotspots Venice has to offer. Front 3 Story Home boasts sweeping Views of the Venice Canals and Santa Monica mountains from every level. 4BR l 4.5BA Owners unit has private elevator, front lush private garden with decks on every level, perfect for entertaining. Beautiful open chefs kitchen with Island, custom cabinets, Travertine counters, large pantry and Stainless-steel appliances throughout opening up to the Canal front garden through French doors perfect for a large Family and entertaining. Large open Living room and dining area with fireplace. Second and third levels have 2 Master suites with spacious walk-in closets, Luxurious Master bathrooms, Seating area and fireplace lead to private decks through sliding doors each with Fantastic Views down the Venice canals. Other 4 Units all comparably appointed consisting of 2x 3BR l 3BA units, and 2x 1BR l 1.5BA units. All with central A/C, heat and fireplaces. Current Gross Income of $422,400/year and Cap Rate of 4.55. Professionally managed currently, perfect owner/user.

Location

State CA

County Los Angeles

Area Listing

Zoning LARW

Interior

Heating Other

Cooling Central Air

Fireplace No

Appliance Dryer

Laundry Dryer

Exterior

View Y/N true

View Canyon,City Lights,Other

Building

New Construction No

Others

Tax ID 4227018033

View More
Favorite Go Tour