Malibu to Beverly Hills and Surrounding Areas

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Sally Forster-Jones
Sally Forster-Jones
License # CalBre#00558939
Compass, Beverly Hills
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Compass, Beverly Hills

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2814 Grand Canal
Venice, CA 90291
MLS# 22-132983 ID: 75050007
$4,299,000
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Property Description
Residential Income - Venice, CA Incredible investment opportunity on the historic Venice Canals, located in the quiet, residential side of the canals, just a steps to the ocean and moments to Abbot Kinney, great restaurants, shops, and all that Venice has to offer. This charming and sunny west-facing fourplex sits on a rare, spacious double lot with over 56 feet of sought-after canal frontage. This lucrative investment property features two freestanding buildings containing two units each for a total of four two-bed/one-bath units with two detached two-car garages, perfect for potential ADU conversion for additional income (buyer to verify local requirements). Units have balconies on the upper units and private gardens on the lower units. Lots of upside potential and possibilities for the savvy investor. Live in one unit and rent the others, or tear down and build new. Property is also sold with Coastal Commission-approved plans and permits for a sophisticated 4,800-square-foot architectural Balinese-style single-family home with guest house and pool by the highly esteemed Archive Design Group.
Property Features
Status
Days On Market 100 days
Last Updated June 24, 2022
Market Status Available
Description
Property Type Multi Family
Year Built 1948
Approx. Lot Size .12 Acres
Building Features
Stories 2.0
Heating Fuel Natural Gas
Exterior Features
Garage
Parking 6 spaces
Listing Features
Property Type MultiFamily; Single Family Attached

Data Provided by Combined LA Westside Multiple Listing Service, Inc

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