Venice, CA 90291,2411 Ocean Ave
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Venice, CA 90291,2411 Ocean Ave
Venice, CA 90291,2411 Ocean Ave
Venice, CA 90291,2411 Ocean Ave
Venice, CA 90291,2411 Ocean Ave

$2,384,300

Est. payment /mo

$2,688,000

11.3%
Est.Price: ?

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2411 Ocean Ave Venice, CA 90291

5 Beds

3 Baths

2,424 SqFt

SOLD DATE : 10/11/2023

Key Details

Sold Price $2,384,300

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,424 sqft

Price per Sqft $983

MLS Listing ID 23-309587

Sold Date 10/11/23

Style Modern

Bedrooms 5

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 2007

Lot Size 2,701 Sqft

Acres 0.062

Property Description

This striking Silver Triangle modern presents a rare investment opportunity for those seeking to enter the highly competitive Venice Beach real estate market. Located directly behind the famed Venice Canals and a block to the beach, this property is ideally situated for both resident-owners and renters alike. Morning surf runs are a breeze and sunset strolls along the canals wind into evening bliss out on Abbot Kinney- or just basking in the rooftop mountain views. Long term rental estimates for this duplex are $7850 for upstairs and $4500 for downstairs. Pivoting to short, or medium term, furnished rentals offers a even greater explosive opportunity for cash flow. The upper unit is perfect for an owner/user, and features 3 spacious bedrooms and 2 full bathrooms, along with the aforementioned epic roof deck for outdoor entertaining. This private roof deck includes a built-in BBQ and ample lounging areas with beautiful mountain and city views. Inside the upper unit, modern amenities abound, including a tankless gas hot water heater, central HVAC, and a built-in speaker system. The kitchen is truly remarkable, featuring Viking appliances and granite counters. Hardwood floors are found throughout both units. Garage parking is shared with the ability to park 4 cars, a rarity for this neighborhood. Flexibility is key- each unit has a dedicated washer and dryer- in unit for upstairs and in the garage for downstairs. With its prime location and strong rental income, this property has the potential to generate long-term cash flow and appreciation. Looking for a deal? The owner will consider carrying a mortgage for 5 years @ 5% interest with 50% down! Whether you're an investor seeking a steady stream of AAA+ rental income or an owner-occupant looking to live the dream at the beach while generating income, this duplex is bringing the dream into reality.

Location

State CA

County Los Angeles

Area Venice

Zoning LARD1.5

Rooms

Other Rooms None

Dining Room 0

Kitchen Granite Counters

Interior

Interior Features Turnkey

Heating Central, Combination

Cooling Air Conditioning, Central, Wall Unit(s)

Flooring Hardwood

Fireplaces Type None

Equipment Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Washer, Refrigerator, Range/Oven

Laundry In Closet, Garage

Exterior

Garage Garage - 4+ Car

Garage Spaces 4.0

Pool None

View Y/N Yes

View Mountains

Building

Lot Description Front Yard, Street Paved, Sidewalks

Story 2

Foundation Slab

Water District

Architectural Style Modern

Level or Stories Multi/Split

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Gabriel Crouch
Bought with Gabriel Crouch

GUIDE SoCal

Broker | License ID: DRE#01976964

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