521 Venice WayLos Angeles, CA 90291

Property Details for 521 Venice Way

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a vacant three-unit multifamily property located at 521 Venice Way, Los Angeles, CA 90291. Offered at $2,825,000, this triplex is situated in Los Angeles County and presents a unique chance for immediate value-add potential. The property's vacant status allows for immediate renovation and customization to maximize rental income. The address is conveniently located in Los Angeles, California, providing easy access to local amenities and transportation networks. Given its location in a desirable area of Los Angeles, this property is expected to attract strong tenant demand once renovated and ready for occupancy. The property's current condition is described as vacant, offering a blank canvas for a savvy investor to implement their vision. This presents a significant advantage, allowing for the creation of high-quality rental units tailored to the current market demands. The property's geographic coordinates are 33.9877464 latitude and -118.4665076 longitude. This triplex represents a compelling investment opportunity in the thriving Los Angeles real estate market, offering significant upside potential for the discerning buyer. The property is ready for immediate occupancy and renovation, allowing for a swift return on investment. The asking price reflects the property's potential and location within a desirable area of Los Angeles. This is a rare chance to acquire a vacant multifamily property in a prime Los Angeles location.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.9877

Longitude

-118.467

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