1205 Appleton Way , Venice, CA - 90291 is For Sale

$1,775,000· Income property

Description

Delightful Venice duplex in a quiet and convenient East of Lincoln neighborhood. The two unique buildings provide flexibility depending on your needs - live in one and rent out the other or rent them both. The front unit, 1632 Penmar, is a sunny 2 bedroom, 1 bath with a fenced yard with a raised veggie bed. The interior features a living room and open floor plan kitchen with breakfast bar and includes inside stacked washer/dryer. The back house, 1205 Appleton, is vacant and ready to go. It is a two story, 2 bedroom 2 bath. Downstairs is the living room, kitchen and bathroom. The spacious kitchen features granite countertops, stainless steel appliances, plenty of cabinets, and dining area. Upstairs is the primary suite with a full bathroom and walk in closet plus the 2nd bedroom. The second floor also features a stacked washer/dryer, private balcony, and plenty of windows. Off the kitchen is a large private fenced patio with a roomy storage shed, plenty of room for bikes, surfboards, shady outdoor yoga, or kid's play area. The property has new roofs and other upgrades. This amazing location is minutes to Penmar Park, Penmar golf course, shopping and dining at The Penmar and Zinque, Whole Foods, Rose Ave and Lincoln Blvd restaurants and shops, Santa Monica and of course, Venice beach. Walgrove Elementary is nearby with their amazing native plants and veggie garden. 3 parking.

Features

MLS#: 25541803
List Price : $1,775,000
Total Units : 2
Gross Operating Income : $102,600
Net Operating Income : $92,600
Sq M : 357 M2
Year Built : 1946
Days on market : 32 Days
Gross taxes : N/A
Address : 1205 Appleton Way
City : Venice
State : CA
Zip Code : 90291
Neighborhood : N/A
Appliances : Dishwasher, Refrigerator
Laundry : Washer Included, Dryer Included
Parking Features : Uncovered, Driveway
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $1,775,000
Acres : 0.0882
Lot Size (Acres) : 0.0882
Heating : Wall Furnace, Central
Parking Features : Uncovered, Driveway
Security Safety : Gated Community
Flooring : Tile, Wood
Rooms : Living Room
Driving Directions : From Venice Blvd, head North on Penmar. From Lincoln Blvd, head East on Palms Blvd and North on Penmar
 
Courtesy of : Janin Paine , Compass

Location

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