
Closed Listing
Fourplex Blocks from Venice Beach
24 breze ave
sold in
Venice
Sold At
$
2,000,000
4
Number of Units
1962
Year Built
2,274
SF
Square Footage
2,698
SF
Lot Size
LARD 1.5-1
Zoning
24 Breeze Ave, Venice, CA 90291
About the Property
24 Breeze Ave, a rare four-unit investment opportunity in prime Venice, located less than half a block from the beach. Situated just off of Pacific Avenue, the subject property is comprised of (2) two-bedroom and two-bath units, (1) one-bedroom and one-bath unit and (1) single. Please note, one of the two-bedroom and two-bath units is a townhouse style unit that would be ideal for an owner/user. Additionally, the spacious one bedroom unit is master metered for gas; allowing the owner to increase rent by an additional 1% each year. 24 Breeze Avenue also features a spacious front yard common area with mature trees that serve as a perfect option for outdoor entertainment. Well maintained by the current owner, all units have had luxurious amenity upgrades over time. The enhancements include marble or tile countertops, wood laminate floors or original hardwood floors, refinished deck, new roof and cooper plumbing.
4
Number of Units
1962
Year Built
2,274
SF
Square Footage
2,698
SF
Lot Size
LARD 1.5-1
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$392,000
Price p/ Sq. ft.
$879
Proforma Cap Rate
5.16%




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