Address
728 Machado Drive Venice, CA
Price
$ 1,550,000
Property Attributes
  • MLS#0020646502
  • TypeIncome
  • CountyLOS ANGELES
  • CityVenice
  • AreaVenice
  • Zip90291
  • Style
  • Price$ 1,550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
NAI Capital, Inc.
Property Description

After filtering through those deals that have no Growth opportunity, no meat on the bone, and absolutely make NO SENSE - Here it is! A chance to invest in a Prime area with tons of rental upside. During this pandemic there is a flight to Quality and this location will remain resilient under challenging circumstances - as evidenced by ALL TENANTS having paid through COVID-19. Location, location, location + upside, upside, upside.. Well maintained bread and butter asset with plenty of value to capture. ADU option is realizable adding an additional income stream. There are separate private garage structures located in the rear of the property. These units sit on a lot zoned C-2 and are within minutes to some of silicon beaches hottest spots; walk score of 92. The confluence of low expenses, low price per unit, & low interest rates, make this investment a safe, opportunistic and well positioned winner to act on now. This deal will not last. Priced to sell... Contact me for more info

Price History
10/15/2020 Listed $1,550,000

General Features

Additional Parcels Y/N No
Heating Wall Furnace
MLS Area C11 - Venice
Parking Features Garage, Driveway - Combination
Security Features Gated Community
Senior Community Y/N No
Spa Features None
Structure Type None
Zoning LAC2

Interior Features

Air Conditioning Y/N No
Fireplace Y/N No
Heating Y/N Yes
Kitchen Appliances Disposal, Gas Cooktop
Laundry Features None
Total Stories 2

Exterior Features

Foundation Details None
Land Lease Type Fee
Lot Size Acres 0.08
Lot Size Area 3800.0
Lot Size Square Feet 3800.0
Lot Size Units Square Feet
Numberofunitsbuildings 1
Pool Y/N? No
Spa No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90291

Price
AVG $3.24M
$1.55M
Year Built
AVG 1949
1947

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