638 Rose Ave | Venice, CA 90291
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- LoopNet Team
638 Rose Ave
Venice, CA 90291
Venice Fourplex West of Lincoln Blvd on Rose · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Value-add Venice fourplex, with two vacant units, located west of Lincoln Blvd
- Features (4) 2-bdrm. and 1-bath units and two units will be delivered VACANT upon COE
- Separate 4-car garage structure that may be converted into one or more ADUs (buyer to verify)
- Located on Rose Ave, home to iconic Westside establishments, and approx. 1.0 mile from Abbot Kinney Blvd and Venice Beach
- Both upstairs units feature a balcony and in-unit washer and dryer
- 8 total parking spaces comprised of (1) 4-car garage and 4 surface parking spaces
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,040 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1970/2008 |
| Building Class | C | Parking Ratio | 2.63/1,000 SF |
| Lot Size | 0.12 AC | ||
| Zoning | LAC4 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 3,040 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2008 |
| Parking Ratio | 2.63/1,000 SF |
| Zoning | LAC4 |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $2,504 | - |
PROPERTY TAXES
| Parcel Number | 4240-011-009 | Improvements Assessment | $332,826 |
| Land Assessment | $1,886,286 | Total Assessment | $2,219,112 |
PROPERTY TAXES
Parcel Number
4240-011-009
Land Assessment
$1,886,286
Improvements Assessment
$332,826
Total Assessment
$2,219,112
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