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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.

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
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
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 34190305

  • Date on Market: 12/13/2024

  • Last Updated:

  • Address: 840 California Ave, Venice, CA 90291

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