Venice Beach Dudley Portfolio - UNPRICED

Please note: 101 Dudley Ave. (29-Unit) & 30 Dudley Ave (18-Unit) Have favorable assumable financing. Call or email for info.
LBPM and IREA, as exclusive listing agents, are pleased to offer The Dudley Portfolio – an unbelievable opportunity to purchase four properties that are all less than one block from the sand in a highly desirable Venice Beach location. Here is a once-in-a-lifetime opportunity to purchase a portfolio in one of Los Angeles’ hottest and trendiest rental markets. The Dudley Portfolio consists of one of Venice’s most iconic buildings, 101 Dudley Avenue, that has been a Venice mainstay since its inception in 1914. A highly visible property on Pacific Avenue, 101 Dudley Avenue is in a premier Venice location just steps from The World-Famous Venice Beach & Boardwalk. It consists of 29 total units, made up of twenty-two guest rooms with common area bathrooms that lock for privacy and are kept clean by property management, five large singles, and two 1-bedroom/1 bath units. The property also features 11 surface parking spaces (a luxury for the area), all of which collect additional income The rest of the portfolio is comprised of 30 Dudley Ave (an 18-unit apartment building made up of eighteen large single units), and 49 & 53 Dudley Ave (two charming craftsman SFR’s that are currently being rented out and have tremendous upside with the ability to add ADU’s). Given the ideal location and unit-mix, there’s unique optionality in targeting long or short-term rentals. The properties feature on-site laundry, a total of 13 outdoor parking spaces and 1 two-car garage . Buyer to verify all info. PLEASE SUBMIT ALL OFFERS. This is a RARE opportunity to acquire Venice history. The portfolio is well-located in one of the most celebrated and sought-after locations in the country. There’s no shortage of options with immediate proximity to well-known retail destinations, eateries, and entertainment. The area is anchored by Main Street, Abbot Kinney, and Rose Avenue – All within a short walk.. Adjacent neighborhoods include Santa Monica, Marina Del Rey, and Silicon Beach.