Venice, CA 90291 2220 Brenta Place
$2,800,000
7 more
Presented By: Stephen Lampe with Re/Max Commercial & Investment; [email protected]
SQFT • 4,904
Home Details
2220 Brenta Place in Venice, CA, is a charming 1950s apartment complex situated on a quiet side street off Venice Boulevard. The property features eight units, all of which are 1-bedroom/1-bath. Four of the units are rented close to market rates, while the other four offer significant upside potential. Tenants are responsible for their own gas and electric utilities. Additionally, the property is adjacent to a 15-unit building also for sale by the same owner, located at 923-933 Venice Blvd. The zoning is R3 TOC Tier 3, allowing for a maximum of up to 12 units.
Presented By: Stephen Lampe with Re/Max Commercial & Investment; [email protected]
Interior Features for 2220 Brenta Place
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 2220 Brenta Place
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.57
Carport Spaces0.0
Carport Y/NNo
CityVenice
Community FeaturesCurbs, Gutters, Sidewalks
CountyLos Angeles
Days on Market78
DirectionsW parcel off Venice just WEST of lincoln
Electric Expense4000.0
Electric On Property Y/NNo
Entry LocationGround and Stairs
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income172796.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense6375.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5344.0
Lot Size UnitsSquareFeet
MLS AreaC11 - Venice
MaintenanceExpense5674.0
MobileHomeRemainsYNNo
Net Operating Income100031.0
New ConstructionNo
Number of Units Leased8
NumberOfUnitsTotal8
Open Parking Spaces0.0
Operating Expense69309.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot13
Taxes$33,572
Tenant PaysCableTv, Electricity, Gas
TermsCash, CashToNewLoan, Conventional
Total Actual Rent14400.0
Trash Expense1724.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
ViewNone
View Y/NNo
Water Sewer Expense4095.0
Waterfront Y/NNo
Year Built1953
Year Built SourceAssessor
ZoningLAR3
Exterior for 2220 Brenta Place
Building Area Total4904.0
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesIrregularLot, Landscaped, StreetLevel
Lot Size Acres0.1227
Lot Size Area5344.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480