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Listing Details

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School Ratings & Info

Description

651 Angelus Place is a tastefully renovated 4 unit building located in the heart of world famous Venice, CA. The recently painted 1920's classic craftsman consists of four 1 bedroom/1 bath units, all of which are strongly positioned to attain market rents. In an area where parking is at a premium, residents of Angelus Pl enjoy two private 2 car garages, which could also be rented for additional future income or retained for the owner's use. There is on-site laundry with owned machines. All units share a private pet-friendly yard, while each upstairs unit features a private balcony. Featuring a stellar 87 walk score and 83 bike score, 651 Angelus Pl provides residents with many of the best things LA has to offer outside their front door. The property is a 7 minute bike ride to the beach, a 10 minute walk to the trendy Abbott Kinney Blvd shopping area, and central to daily errands, including Erewhon Market, the weekly Venice Farmers Market, and Costco. Tenants with young children can walk their kids to Coeur d'Alene Avenue Elementary in 3 minutes! 651 Angelus Pl is very convenient to Santa Monica, Marina Del Rey, and major transportation corridors such as Lincoln Blvd and the 90 freeway. Major employers like Google, LMU, and LAX are also nearby. 651 Angelus Pl is a cash flow positive portfolio trophy!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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 deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
www.century21jordanlink.com/homes/115746531
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651 Angelus Place Venice, CA 90291

  • Price: $1,999,000
  • Status: Active Under Contract
  • Updated: 72 min ago
  • ID#: 21713522
0
Beds
0
Baths
0
½ Baths
0.09
Acres
2,072
SQFT
$965
$/SQFT
1920
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
651 Angelus Place is a tastefully renovated 4 unit building located in the heart of world famous Venice, CA. The recently painted 1920's classic craftsman consists of four 1 bedroom/1 bath units, all of which are strongly positioned to attain market rents. In an area where parking is at a premium, residents of Angelus Pl enjoy two private 2 car garages, which could also be rented for additional future income or retained for the owner's use. There is on-site laundry with owned machines. All units share a private pet-friendly yard, while each upstairs unit features a private balcony. Featuring a stellar 87 walk score and 83 bike score, 651 Angelus Pl provides residents with many of the best things LA has to offer outside their front door. The property is a 7 minute bike ride to the beach, a 10 minute walk to the trendy Abbott Kinney Blvd shopping area, and central to daily errands, including Erewhon Market, the weekly Venice Farmers Market, and Costco. Tenants with young children can walk their kids to Coeur d'Alene Avenue Elementary in 3 minutes! 651 Angelus Pl is very convenient to Santa Monica, Marina Del Rey, and major transportation corridors such as Lincoln Blvd and the 90 freeway. Major employers like Google, LMU, and LAX are also nearby. 651 Angelus Pl is a cash flow positive portfolio trophy!
Exterior Features

Parking Features Private Parking Total 4

Interior Features

Appliances DisposalMicrowaveRefrigeratorDryerWasher Cooling None Cooling YN No Flooring Wood

Property Features

Disclosures Rent Control Garage YN Yes Gross Income 129948 Laundry Features Common Area Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 91148 Property Condition Updated/Remodeled Rent Control YN Yes Senior Community YN No Sewer Other Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar2

Listing provided courtesy of Jordan Peikin of Clement Partners Real Estate


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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 deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
 
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