For more information regarding the value of a property, please contact us for a free consultation.
2411 Ocean AVE Venice, CA 90291
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $2,384,300
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,424 sqft
Price per Sqft $983
MLS Listing ID 23309587
Bedrooms 5
Full Baths 3
Year Built 2007
Lot Size 2,700 Sqft
Property Description
This striking Silver Triangle modern presents a rare investment opportunity for those seeking to enter the highly competitive Venice Beach real estate market. Located directly behind the famed Venice Canals and a block to the beach, this property is ideally situated for both resident-owners and renters alike. Morning surf runs are a breeze and sunset strolls along the canals wind into evening bliss out on Abbot Kinney- or just basking in the rooftop mountain views. Long term rental estimates for this duplex are $7850 for upstairs and $4500 for downstairs. Pivoting to short, or medium term, furnished rentals offers a even greater explosive opportunity for cash flow. The upper unit is perfect for an owner/user, and features 3 spacious bedrooms and 2 full bathrooms, along with the aforementioned epic roof deck for outdoor entertaining. This private roof deck includes a built-in BBQ and ample lounging areas with beautiful mountain and city views. Inside the upper unit, modern amenities abound, including a tankless gas hot water heater, central HVAC, and a built-in speaker system. The kitchen is truly remarkable, featuring Viking appliances and granite counters. Hardwood floors are found throughout both units. Garage parking is shared with the ability to park 4 cars, a rarity for this neighborhood. Flexibility is key- each unit has a dedicated washer and dryer- in unit for upstairs and in the garage for downstairs. With its prime location and strong rental income, this property has the potential to generate long-term cash flow and appreciation. Looking for a deal? The owner will consider carrying a mortgage for 5 years @ 5% interest with 50% down! Whether you're an investor seeking a steady stream of AAA+ rental income or an owner-occupant looking to live the dream at the beach while generating income, this duplex is bringing the dream into reality.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Heating Combination, Central
Cooling Central Air
Flooring Wood
Fireplaces Type None
Laundry Laundry Closet, In Garage
Exterior
Pool None
Community Features Gated
View Y/N Yes
View Mountain(s)
Building
Lot Description Front Yard
Story 2
Foundation Slab
Water Public
New Construction No
Others
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Special Listing Condition Standard
Read Less
Bought with Gabriel Crouch • Gabriel Crouch