Listed by James Allan, Compass,

3000 Grand Canal

Venice, CA, 90291

$6,995,000

$989 per ft²
$6,995,000
$989 per ft²
Active
Active
 - For Sale
carpenters-square
7,068 ft²
property_type
Multi-family
calendar
Built 2010
Trophy Canal front 5 unit Building on the famed Venice Canals. Newer construction just 2 blocks from the Ocean and minutes from famous Abbott Kinney, Marina Del Rey, Venice boardwalk and all the best Restaurants/hotspots Venice has to offer. Front 3 Story Home boasts sweeping Views of the Venice Canals and Santa Monica mountains from every level. 4BR l 4.5BA Owners unit has private elevator, front lush private garden with decks on every level, perfect for entertaining. Beautiful open chefs kitchen with Island, custom cabinets, Travertine counters, large pantry and Stainless-steel appliances throughout opening up to the Canal front garden through French doors perfect for a large Family and entertaining. Large open Living room and dining area with fireplace. Second and third levels have 2 Master suites with spacious walk-in closets, Luxurious Master bathrooms, Seating area and fireplace lead to private decks through sliding doors each with Fantastic Views down the Venice canals. Other 4 Units all comparably appointed consisting of 2x 3BR l 3BA units, and 2x 1BR l 1.5BA units. All with central A/C, heat and fireplaces. Current Gross Income of $405,120/year and Cap Rate of 4%.
MLS® ID:
22170401
Listed:
6/20/22
Updated:
7/6/22

Interior Features

Kitchen Appliances
Dishwasher, Disposal, Microwave, Dryer
Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
5,988 ft² lot

Other Property Details

Area Name
C11 - Venice
Garage
Yes
Parking
Door-Multi, Garage
Parking Total
10.0
View
Y
County
Los Angeles
Pool
No
Total Stories
3
Zoning
LARW1

 

Listed by James Allan, Compass,

Based on information from California Regional Multiple Listing Service, Inc. as of 7/6/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2022 California Regional Multiple Listing Service. All rights reserved.

Data last updated 3:12 AM UTC, 7/6/22

Contact