$2,250,000
$2,195,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
36 Paloma AVE Venice, CA 90291
3,120 SqFt
Key Details
Sold Price $2,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $721
MLS Listing ID 21779110
Sold Date 01/21/22
Construction Status Fixer
HOA Y/N No
Year Built 1964
Lot Size 3,524 Sqft
Acres 0.0809
Property Description
PROBATE SALE, Subject to Court confirmation and over-bidding in Court. Sale was confirmed in Court on December 8th, 2021. Triplex in Venice, for sale AFTER 35 years! Stone-throw away from Venice Beach (Only 0.7 miles). One of the lowest price per square feet property, just half-a-block from the beach! Top floor unit, 3 bed 2.5 bath + bonus room, approx. 1,600SF, is currently vacant, and will be delivered AS IS. Other 2 units are tenant occupied. Property is subject to City of LA Rent Stabilization Ordinance. All units separately metered for electricity. Great upside potential. Income details below assumes market rent of $6,500 for the vacant 3 bedroom unit. Inside of the units need to be rehabbed. Seller is a Court appointed fiduciary and cannot make any representations as to the condition and history of the subject property. Sold "As Is" And "Where Is" with current tenants in place. Buyer to conduct their own investigations.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Heating WallFurnace
Flooring Carpet
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Carport, DoorMulti, Garage
Garage Spaces 2.0
Carport Spaces 3
Garage Description 2.0
Pool None
Community Features Gated
View Y/N Yes
Accessibility None
Parking Type Carport, DoorMulti, Garage
Total Parking Spaces 5
Private Pool No
Building
Faces North
Story 2
Entry Level Two
Sewer Other
Level or Stories Two
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 4286022016
Security Features CarbonMonoxideDetectors,GatedCommunity,SmokeDetectors
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ProbateListing
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Bought with Vineendra Jain • Ingenious Asset Group, Inc.