Address
724 Machado Drive Venice, CA
Price
$ 1,450,000
Property Attributes
  • MLS#20646448
  • TypeIncome
  • CountyLOS ANGELES
  • CityVenice
  • AreaVenice
  • Zip90291
  • Style
  • Price$ 1,450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Kevin Kawaoka with NAI Capital, Inc..
Property Description

After filtering through those deals that have no Growth opportunity, no meat on the bone, and absolutely make NO SENSE - Here it is! A chance to invest in a Prime area with tons of rental upside. During this pandemic there is a flight to Quality and this location will remain resilient under challenging circumstances - as evidenced by ALL TENANTS having paid through COVID-19. Location, location, location + upside, upside, upside.. Well maintained bread and butter asset with plenty of value to capture. ADU option is realizable adding an additional income stream. There are separate private garage structures located in the rear of the property. These units sit on a lot zoned C-2 and are within minutes to some of silicon beaches' hottest spots; walk score of 92. The confluence of low expenses, low price per unit, & low interest rates, make this investment a safe, opportunistic and well positioned winner to act on now. This deal will not last. Priced to sell... Contact me for more info

Price History
10/15/2020 Listed $1,450,000

General Features

Appliances Gas Cooktop
Cooling None
Directions Located west of Lincoln Blvd and North of Rose Avenue.
Facing Direction North
Garage Spaces 3.00
Heating Wall Furnace
Listing Agent Kevin Kawaoka - BRE#01733613
Listing Agent State License 01733613
MLS Area C11 - Venice
Parking Features Detached Carport
Pool Features None
Spa Features None
Special Listing Conditions Standard
Total Units 4
Zoning LAC2

Interior Features

Appliances Y/N Yes
Heating Y/N Yes
Total Stories 2

Exterior Features

Lot Size Acres 0.0800
Lot Size Area 3800.0000
Lot Size Square Feet 3800.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Y/N Yes
Total Parking 3.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90291

Price
AVG $3.51M
$1.45M
Visits
AVG 40
17
Year Built
AVG 1947
1947
Walkscore
AVG 91
91
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover