9 bedroom house for sale
$2,600,000 - Venice CA 90291Details
- Beds: 9
- Baths: 9
- Price: $2,600,000
- Internal Reference No.: 69244188
- Area: 2,768 sqft
Overview
538 Rialto Avenue in Venice, California is comprised of three (3) contiguous lots, totaling 7, 652 square feet. The property consists of eight (8) bungalow-style units around a shaded outdoor courtyard with five (5) surface parking spaces.The asset offers a unit mix of one (1) 2 BD/1.5 BA; two (2) 1 BD/ 1BA; and five (5) studios, most with enclosed outdoor private spaces and one with a private sauna.The property's location in prime Venice is just one block from high-end shopping and dining amenities along Abbot Kinney Boulevard and within walking distance to the Venice Canals, Venice Beach and Boardwalk as well as vibrant boutiques and restaurants along Main Street and Rose Avenue.Offered at only $325, 000 per unit, the asset provides a new investor with 50% rental upside - 10.9x gross and 6.2% cap rate at market rents. 538 Rialto represents a value-add opportunity for investors in an A+ Venice location.Investment Highlights Highly Desirable Venice Location One Block to Abbot Kinney Blvd. Walking Distance to Venice Beach and Canals 3 Contiguous Lots Form the Parcel, Totaling 7, 652 SF Renovated Units Include Recessed Lighting, Bamboo Flooring, Ceiling Fans and Fully Upgraded Kitchens and Bathrooms Most Units Include Enclosed Private Patios, One with Large Outside Enclosed Sauna 50% Upside Potential in Rents. For more details and to contact: https://realtyww.info/homes_venice-d60962/for-sale_i69244188Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-21, Viewed 2 times.
Search more listings
- Top 10 3 bedroom house for sale palm bay fl playground
- Top 10 2 bedroom apartment for rent seattle seattle laundry
- Top 20 3 bedroom house for sale cave creek az appliances
- Top 20 2 bedroom apartment for rent waldorf md washer/dryer
- Top 10 3 bedroom house for sale port orchard wa appliances
- Top 20 3 bedroom house for sale woodstock ga appliances
- Top 20 1 bedroom apartment for rent pasadena tx granite counter
- Top 50 3 bedroom house for sale baton rouge la pool
- Top 20 1 bedroom apartment for rent downingtown pa fireplace
- Top 100 3 bedroom house for sale vero beach fl pool
- Top 10 2 bedroom house for rent jersey city nj elevator
- Top 100 2 bedroom apartment for rent atlanta ga tub