Property Detail

Description

PORTFOLIO SALE: 11 19TH AVE (3 UNITS), 20 19th AVE (4 UNITS) & 11 20th AVE (3 UNITS) PROPERTIES CAN BE SOLD TOGETHER OR SEPARATELY... 11 20th Ave, an incredible triplex a stone's throw away from the beach in Venice. This is a unique investment opportunity with one of the highest income potentials of any triplex in Venice. Situated on the corner of 20th Ave and Speedway on a charming "Walk-Street", this 3,216 square foot triplex features a ground floor unit with 3 bedrooms / 3-bathrooms. The second floor is comprised of two more units, one large & bright 3-bedroom / 2-bathroom, and another 1-bedroom / 1-bathroom unit. All three units have been tastefully remodeled with hardwood floors, quartz countertops, newer appliances, updated bathrooms, central A/C, and more. The main electrical panel, electrical wiring, and all the in-unit sub panels have also been upgraded. Current ownership has also installed double glazed windows throughout, done significant recent structural upgrades, and completed extensive copper plumbing replacements.11 20th Ave comes with ample amenities: the upstairs 3-bedroom unit includes an in-unit washer & dryer, and there is a community laundry room for the other two units (machines owned by landlord). There are three tuck-under parking spaces available behind the building, and an EV charger has been installed for tenant use. Lastly, there is a large, shared patio facing the 20th Ave walk-street. This corner-lot rental property is in an ultra-prime location of Venice Beach, just steps away from the Venice Boardwalk. Whether for an owner-user or pure investor, 11 20th Ave is the ideal small multifamily investment on Venice Beach.