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    487 Carroll Avenue

    Venice, CA 90291
    • $2,849,000
    • STATUS: Active
    • ON SITE: 133 days
    • ID#: 20665472
    UPDATED: 14 min ago
    $2,849,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,937
      SQFT
    • $970
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2008
    County:
    Area:

    School Ratings & Info

    Description

    Stunning architectural duplex overlooking the breathtaking Venice Canals situated on a corner lot. This spectacular property features two contemporary, detached townhouse or loft style units with concrete flooring and recessed lighting throughout open concept floor plans perfect for owner user situation. Indulge in culinary endeavors in the European-style kitchens with upscale, built-in stainless-steel appliances. The front unit boasts modern indoor-outdoor living with dramatic corner multi-slide insulate glass walls that capture dazzling views of the canals. Stylishly entertain on a magnificent rooftop deck with surrounding views of Venice Canals and Mountain Views. Skylights brighten the rear unit featuring two bedrooms with en suite baths. The spacious master suite features a Zen wraparound patio while the large loft enjoys a peaceful balcony. Two detached townhouse/loft style units are truly one of a kind. Cap rate is 4.1. Rear twonhouse is currently rented for $6000 month.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-14T18:24:36.733. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/112306040
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    487 Carroll Avenue Venice, CA 90291

    • Price: $2,849,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: 20665472
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,937
    SQFT
    $970
    $/SQFT
    2008
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    Stunning architectural duplex overlooking the breathtaking Venice Canals situated on a corner lot. This spectacular property features two contemporary, detached townhouse or loft style units with concrete flooring and recessed lighting throughout open concept floor plans perfect for owner user situation. Indulge in culinary endeavors in the European-style kitchens with upscale, built-in stainless-steel appliances. The front unit boasts modern indoor-outdoor living with dramatic corner multi-slide insulate glass walls that capture dazzling views of the canals. Stylishly entertain on a magnificent rooftop deck with surrounding views of Venice Canals and Mountain Views. Skylights brighten the rear unit featuring two bedrooms with en suite baths. The spacious master suite features a Zen wraparound patio while the large loft enjoys a peaceful balcony. Two detached townhouse/loft style units are truly one of a kind. Cap rate is 4.1. Rear twonhouse is currently rented for $6000 month.
    Exterior Features

    Carport Spaces 3.00 Lot Size Units Square Feet Parking Features Attached Carport Parking Total 3.00 Parking YN Yes

    Interior Features

    Appliances Dishwasher Appliances YN Yes Cooling None Cooling YN No Heating Radiant Heating YN Yes Laundry Features Inside Levels Three Or More Room Type LoftLiving Room

    Property Features

    Country Us Gross Income 162000.00 Gross Multiplier 17.87 Gross Operating Income 153600.00 Laundry YN Yes Net Operating Income 117412.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 44588.00 Vacancy Allowance Rate 0.00 Zoning Lard1.5

    Listing provided courtesy of James Allan of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-14T18:24:36.733. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
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    Doherty Real Estate Group | eXp Realty of California, Inc.
    27101 Puerta Real
    Mission Viejo CA, 92691