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Image 1 - 609 Venezia Avenue, Los Angeles, CA 90291, USA - Loft for sale
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Residential Income
609 Venezia Avenue, Los Angeles, CA 90291, USA

Residential Income

loft for sale
41 views
Listed: 02/13/23

609 Venezia Avenue, Los Angeles, CA 90291, USA

Studio Bed:
1 Bath:
Save
Price
$ 1,75M

About This Loft

Incredible Investment Opportunity in Venice! Located just a few blocks from Venice Beach and buzzing Abbot Kinney shops and restaurants. This property has a compound feel with large, lush private outdoor spaces and tall secure fencing. The duplex contains a 1 bed + 1 bath and a studio + 1 bath. The 1 bedroom has tall vaulted ceilings with a loft area that sits perched above the living area. The second detached structure contains a 1 bed + 1 bath with separate access and large yard. Value add property located on a quiet back street. Property zoned LAR3, which provides the possibility of added density now or in the future. Property sold as-is. Motivated seller. All units are presently occupied. The garage is currently being rented out by a fourth tenant. Please do not disturb tenants.

Property Includes

  • Parking
  • Air Conditioning
  • Hardwood Floors
  • Covering Floor Hardwood
  • Covering Floor Linoleum
  • Fuel Heating Electric
  • Fuel Heating Natural Gas

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Venice Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.