13
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$1,595,000
Est. payment /mo
3 Beds
2 Baths
1,340 SqFt
New
837 Milwood AVE Venice, CA 90291
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,340 sqft
Price per Sqft $1,190
MLS Listing ID 25559855
Bedrooms 3
Construction Status Fixer
HOA Y/N No
Year Built 1950
Lot Size 4,382 Sqft
Property Description
We're excited to share a fantastic opportunity to create value on one of the best streets in Venice. This income property is located on an extra-wide, tree-lined street, offering close proximity to Abbot Kinney, Rose Avenue, and some of the hottest new spots on Lincoln Blvd. The property itself boasts timeless charm and character, surrounded by lush landscaping and mature fruit trees. It's situated on a beautiful street among multi-million dollar properties. The front unit is a spacious and bright 2-bedroom, 1-bathroom unit with access to the front yard. The attached rear unit is a 1-bedroom, 1-bathroom unit with a separate entrance off the side yard. There's additional outdoor space between the units and the large two-car garage with an extra laundry room area. Both units feature many original finishes, hardwood floors, and great natural light. Please note that the property is currently tenant-occupied and will be delivered with the existing tenants. This property can potentially work for an owner-user. Live in one of the units and build an Accessory Dwelling Unit (ADU) above the garage for additional income. Rent control laws apply, and all buyers to do their own due diligence as they relate to any tenant relocations. For Investors and Developers, the lot has tremendous potential to be transformed into a stunning duplex with the option for a third ADU unit, totaling three units. This is a unique opportunity in a highly desirable location for a savvy investor or owner-user. The property is being sold As-Is. Inspection reports are available upon request. DO NOT DISTURB TENANTS.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Gas Range, Oven
Laundry In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Total Parking Spaces 2
Building
Lot Description Back Yard, Front Yard
Faces South
Entry Level One
Sewer Other
Level or Stories One
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 4241007029
Special Listing Condition Standard
Listed by Consuela Kielbowicz Del Rey Urban Brokerage Inc