Venice, CA 90291 2318 Beach Avenue
$3,195,000
51 more
Presented By: Jennifer Portnoy with Compass;
Home Details
Exquisite triplex nestled on a prime corner lot in Venice's highly sought-after Silver Triangle neighborhood. This impeccably maintained property offers the charm and feel of single-family living with three unique individual homes, each with its own address and each providing tremendous privacy. Perfect for owner-occupants or investors seeking income opportunities in one of LA's most vibrant and desirable areas. 2,519 SF of total interior living space and tremendous lush outdoor areas, this property has been thoughtfully updated including new windows, wood like flooring, modern lighting and recent exterior painting. Additional features include WIFI thermostats, and built-ins throughout enhance comfort and convenience. The townhouse-style unit, 2318 Beach Ave, features an open-concept layout with a modern kitchen flowing into the dining, living area and outdoor oasis ideal for entertaining. Upstairs, the primary bedroom offers garden views with ample closet space and no common wall. The second room on the first level is a flexible space that provides extra space for sleeping quarters or a den/office. 614 Mildred Ave is a single-level residence offering two bedrooms and one bathroom beautifully remodeled with a lovely outdoor lounge area. 618 Mildred has no common walls at all and as you enter the gate from the street level you will find yourself in a private garden space with steps leading to the front door. Upon entering this charming and bright one bedroom with laminate floors, there are windows on all sides, beautiful kitchen and remodeled en-suite bathroom. All units have their own private outdoor spaces, mature landscaping, and laundry facilities, making them perfect for residents seeking the ultimate Venice lifestyle. Moments away from Abbot Kinney Blvd, Venice Beach, and the iconic Venice Canals, this triplex is a rare opportunity to own a stylish, income-generating property in the heart of Silicon Beach. 2318 Beach Ave unit will be delivered vacant. Experience the best of coastal living while enjoying the benefits of a versatile, move-in-ready investment. Don't miss out on this gem - Venice's finest awaits!
Presented By: Jennifer Portnoy with Compass;
Interior Features for 2318 Beach Avenue
Bedrooms
Total Bedrooms5
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths3
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Total Stories2
General for 2318 Beach Avenue
Additional Parcels Y/NNo
AppliancesDishwasher, GasCooktop, Disposal, Microwave, Oven, Range, Refrigerator, RangeHood, Dryer, Washer
Architectural StyleContemporary
Attached Garage No
Cap Rate4.3
Carport Y/NNo
CityVenice
CountyLos Angeles
DirectionsSouth of Venice Blvd, North of Washington Blvd, West of Abbot Kinney Blvd, East of Ocean Ave, at the very corner of Beach Ave and Mildred Ave.
DisclosuresCoastalCommissionRestrictions, CoastalZone
Electric On Property Y/NNo
Entry LocationLiving Room
Full Baths
Garage Y/NNo
Gross Income159600.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Interior FeaturesCeilingFans, OpenFloorplan, RecessedLighting, Storage
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two, MultiSplit
Lot Size Square Feet4428.0
Lot Size UnitsSquareFeet
MLS AreaC11 - Venice
MobileHomeRemainsYNNo
Net Operating Income136490.0
New ConstructionNo
Number of Units Leased2
NumberOfUnitsTotal3
Patio/Porch FeaturesOpen, Patio, Stone
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysElectricity, Gas, Insurance, TrashCollection, Water
Virtual TourClick here
Waterfront Y/NNo
Year Built1936
ZoningLAR1
Exterior for 2318 Beach Avenue
Building Area Total2519.0
Crops Included Y/NNo
Door FeaturesFrenchDoors
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1017
Lot Size Area4428.0
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Open Parking Y/NNo
Parking FeaturesOnStreet
SpaNo
Total Parking0.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480