Description
4.45% CAP Rate on in Placed Rents! 1411 Innes Place presents a unique pride of ownership apartment in an A+ location situated in the heart of downtown Venice Beach, just steps from the famous Venice Sign and Abbot Kinney Blvd. Built in 1958, this two-story, walkup style building consists of five (5) total units with a great unit mix of entirely 2-bedroom, 1-bathroom units with one unit to be delivered vacant. The property features a gated entry with an intercom system, nine (9) tuck under parking spaces with the Soft Story Retrofit completed, ADT security cameras, bike racks, and on-site laundry services for additional income. Majority of the units have been upgraded with remodeled flooring, countertops, bathrooms, kitchen, stainless steel appliances, and windows. The property sits on 3,998 Sq Ft with LAC4 zoning in arguably the most desirable pocket of Venice Beach. This amazing location with a walk score of 94 is just off Pacific Ave, near Winward Circle, and is less than a quarter mile from the Venice Beach Boardwalk, Abbot Kinney Blvd, Rose Avenue Corridor; steps from all the great shops, restaurants, and nightlife in the area.
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10BEDS
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0.09ACRES
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0BATHS
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01/2 BATHS
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4,032SQFT
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$682$/SQFT
School Ratings & Info
Description
4.45% CAP Rate on in Placed Rents! 1411 Innes Place presents a unique pride of ownership apartment in an A+ location situated in the heart of downtown Venice Beach, just steps from the famous Venice Sign and Abbot Kinney Blvd. Built in 1958, this two-story, walkup style building consists of five (5) total units with a great unit mix of entirely 2-bedroom, 1-bathroom units with one unit to be delivered vacant. The property features a gated entry with an intercom system, nine (9) tuck under parking spaces with the Soft Story Retrofit completed, ADT security cameras, bike racks, and on-site laundry services for additional income. Majority of the units have been upgraded with remodeled flooring, countertops, bathrooms, kitchen, stainless steel appliances, and windows. The property sits on 3,998 Sq Ft with LAC4 zoning in arguably the most desirable pocket of Venice Beach. This amazing location with a walk score of 94 is just off Pacific Ave, near Winward Circle, and is less than a quarter mile from the Venice Beach Boardwalk, Abbot Kinney Blvd, Rose Avenue Corridor; steps from all the great shops, restaurants, and nightlife in the area.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-12T07:42:13.553. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.