33.986137 -118.469505

1922 Canal Street VENICE, CA 90291

316120864 33.986137 -118.469505 124 /listing/316120864-150017533/1922-canal-street-venice-ca-90291 False 0 1750000.0 105 SR22109699 False
  • $1,750,000
  • 0.07 lot
  • Est payment $9394.38/mo

Property & Neighborhood Info

Courtesy Of Justin Seigel, DRE#02104699, ADR/Preferred Bus.Prop

Multi-Family in Venice

1922 & 2006 Canal St. offers investors and/or developers the opportunity to own two hard to assemble, well maintained, continuous duplexes in a world-renowned area. The duplexes are available for $1,750,000 each and subject to AB 1482 State Rent Control but not subject to RSO. The duplexes are located in Venice steps from the Venice Canals and Venice Boardwalk, in one of the most highly desirable beach neighborhoods in Southern California. Surrounded by many popular restaurants, stores, bars, and attractions, the area is ideal for all ages. Conveniently located steps from Abbot Kinney, Pacific Ave, Venice Beach Boardwalk, and near the Marina Freeway (SR 90). Each duplex is comprised of one 1+1 unit and one 2+2 unit. All units have a full kitchen, laundry, private patio or balconies, garage with direct access to unit and two additional off-street parking spaces. Potential for ADU (buyer to verify). *Seller is currently working with an architect on seeking City ADU approval to add an additional 1-2 units per duplex* Additionally, the properties are a developer's dream as the duplexes are side-by-side offering tons of potential with a double parcel. However, the duplexes can be sold individually or together.

Courtesy Of Justin Seigel, DRE#02104699, ADR/Preferred Bus.Prop
  1. 0.07 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1980
  • Garage: 2.0
  • Floors: 1
  • County: LOS ANGELES
  • Units: 2
  • Zoning: LARD2
  • MLS Number:SR22109699

Additional Features

  • Cooling:
    • CentralAir
  • Laundry:
    • Inside
  • Fireplace:
    • Circulating
    • Y
  • Building Square Feet:
    • 2124
  • Common Walls:
    • Item1CommonWall
  • Garage:
    • Y
  • Levels:
    • One
  • New Construction:
    • N
  • View:
    • N
    • None
  • Year Built Source:
    • Assessor
  • Lot Description:
    • Item01UnitAcre
  • Pool:
    • None
  • Spa:
    • None
  • Spa YN:
    • false
  • Parking:
    • Assigned
    • Driveway
    • Garage
  • Electric:
    • Standard
  • Heating:
    • Central
  • Sewer:
    • Unknown
  • Utilities:
    • CableAvailable
    • ElectricityAvailable
    • NaturalGasAvailable
    • SewerAvailable
    • WaterAvailable
  • Community Features:
    • Biking
  • Number of Buildings:
    • 1
  • Water:
    • Public
  • Gross Income:
    • 72927
  • Net Operating Income:
    • 40662
  • Terms:
    • Cash
    • CashtoNewLoan
    • Item1031Exchange
  • CDOM:
    • 14
  • Special Conditions:
    • Standard
  • Annual Trash Expense:
    • 0
  • Cable TV Expense:
    • 0
  • Cap Rate:
    • 2.32
  • Co Listing Agent Email:
    • karla@nansco.com
  • DOM:
    • 14
  • Electric Exp:
    • 0
  • Fuel Exp:
    • 0
  • Gross Scheduled Income:
    • 72927
  • Insurance Expense:
    • 2977
  • Listing Service:
    • FullService
  • Listing Type:
    • ExclusiveRightToSell
  • Listing Key:
    • 1016790223
  • Office Co List Name:
    • Nansco Management Inc.
  • Office Co List Phone:
    • 8188846356
  • Operating Expense:
    • 32265
  • Parcel Number:
    • 4238023016
  • Water Sewer Exp:
    • 228
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
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Priscila Padilla
Priscila Padilla
Broker ~ Realtor
1920 W. Commonwealth Ave, 2091 Fullerton CA 92837
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