40 Westminster Ave, Venice, CA 90291

$6,895,000
12
BD
18
BA
7,691
SqFt
List Price
$6,895,000
Price Change
▼ $204,000 1626745997
MLS#
21-725198
Year Built
1912
Bedrooms
12
Bathrooms
18
Living Sq. Ft
7,691
Lot Size
3,149
Days on Market
96
Property Type
Multifamily
Stories
3

Property Description

40 Westminster sits just 400 feet from the beach. The 18 units building has been newly renovated but with all the Venice charm. Excellent unit mix composed of Studio, Bachelor One Bedroom, & Two bedroom units. Renovated apartments have laminate hardwood floor, new kitchen with designer backsplash, spacious bathroom, quartz countertops, lot of cabinets, built-in closets, and washer/Dryer inside the unit. Easy access to all that Venice has to offer: The Boardwalk, Artists, market, coffee shops, 5 minutes walk to Abbot Kidney or Main Street. Good cash flow, easy to maintain with still value-add and upside potential. Master meters allow rent increase of extra 2%. Check 14 Westminster 24 units for sale on MLS#: 21-723562. Both buildings 14 an 40 Westminster are for sale $17,498,000

Additional Information

Other Buildings
None
Kitchen Features
Gourmet Kitchen, Remodeled
Heat
Wall
Cooling
Ceiling Fan
Number of Cars in Garage
None

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Courtesy of , Jessica Barouch - CA DRE#

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