Venice, CA 90291 412 Brooks Avenue
$2,499,999
8 more
Presented By: David Solomon with Douglas Elliman of California, Inc.;
Home Details
An investor's dream in the heart of Venice! Discover this newly renovated quadplex on a 4,999 sq ft lot, each unit offering 1 bed/1 bath. With already approved plans and RTI permits for a spacious 1,200 sq ft, 3-bedroom second-floor unit, the upside potential here is unmatched! Three units are equipped with its own entrance from the outside, parking at the rear, separate gas and electric meters, and laundry hookups. Nestled in a prime location just a few blocks from Abbot Kinney Blvd, Rose Ave, Main St, and Venice Beach. Its excellent location is perfectly positioned for an investor who wants a value-add property in a highly appreciating location. It truly doesn't get any better than this! All units are currently occupied. Showings are available upon accepted offer.
Presented By: David Solomon with Douglas Elliman of California, Inc.;
Interior Features for 412 Brooks Avenue
Bedrooms
Total Bedrooms4
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories1
General for 412 Brooks Avenue
Additional Parcels Y/NNo
AppliancesRefrigerator
Attached Garage No
Carport Y/NNo
CityVenice
CountyLos Angeles
Days on Market8
DirectionsUse Google maps
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income118993.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet4999.0
Lot Size UnitsSquareFeet
MLS AreaC11 - Venice
MobileHomeRemainsYNNo
Net Operating Income64178.74
New ConstructionNo
NumberOfUnitsTotal4
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
View Y/NNo
Waterfront Y/NNo
Year Built1964
Year Built SourceAssessor
ZoningLARD1.5
Exterior for 412 Brooks Avenue
Building Area Total2355.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1148
Lot Size Area4999.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking4.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480