840 California Ave - Lucia Lady of Luxe
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840 California Ave - Lucia Lady of Luxe
4,200 SF Specialty Building Offered at $5,400,000 at a 3.22% Cap Rate in Venice, CA 90291
Investment Highlights
- Trophy property featured internationally new construction built 2023
- lap pool
- rooftop with amazing 360 view
- Exquisite designer modern marvel yields top rent income
- movie theater
Executive Summary
This high-end residential income property offers a unique opportunity to own a premium asset that combines comfort, functionality, and long-term value. Thoughtfully designed and built with top-tier materials, it serves as both an inviting residence and a potential income-generating asset.
Perfect for those seeking a property that enhances lifestyle while serving as a sound investment for the future. Contact us for more details or to schedule a viewing.
Perfect for those seeking a property that enhances lifestyle while serving as a sound investment for the future. Contact us for more details or to schedule a viewing.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $5,400,000 | Lot Size | 0.08 AC |
Price Per SF | $1,286 | Building Size | 4,200 SF |
Sale Type | Investment | No. Stories | 3 |
Cap Rate | 3.22% | Year Built | 2023 |
Property Type | Specialty | Parking Ratio | 0.48/1,000 SF |
Price | $5,400,000 |
Price Per SF | $1,286 |
Sale Type | Investment |
Cap Rate | 3.22% |
Property Type | Specialty |
Lot Size | 0.08 AC |
Building Size | 4,200 SF |
No. Stories | 3 |
Year Built | 2023 |
Parking Ratio | 0.48/1,000 SF |
Amenities
- Air Conditioning
- Smoke Detector
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Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (85)
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840 California Ave - Lucia Lady of Luxe
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