16
See all 16 photos
$2,995,000
Est. payment /mo
6 Beds
9 Baths
3,778 SqFt
Price Dropped by $200K
117 Paloma AVE Venice, CA 90291
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Barrett Real Estate -CA
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,778 sqft
Price per Sqft $792
MLS Listing ID 26829513
Bedrooms 6
HOA Y/N No
Year Built 1922
Lot Size 3,885 Sqft
Property Description
$200,000 PRICE REDUCTION!!! 117-117 1/2 is a 9-unit apartment building located in the heart of Venice. It is located across the street from the Google Headquarters and the future site of the 341 - unit development for the Venice Metro Yard. The development plan features 12,900 square feet of public open space, a pedestrian crossing for beach access and integration of the existing Vietnam War Memorial. In addition, the project offers 30,000 square feet of commercial space and a subterranean parking garage for residents, commercial tenants, and beach visitors. The property consists of a 2 bedroom + 1 bath house over the garage, 4 - 1 bedroom + 1 bath and 4 Studios. Long term owner - first time on the market in more than 40 years. The property is individually metered for electricity. The 4 Studios are master metered for gas. The remaining 5 units are individually metered for gas. It has copper plumbing and been earthquake retrofitted. Several of the kitchens and bathrooms have been remodeled. The units have hardwood floors. There is on site laundry. The other income ($11,100/year) is from the laundry, parking and garage. The property is located less than 2 blocks from Pacific Ocean on a beautiful walk street surrounded by multi-million dollar homes. It has a 94 Walkscore - close to Abbott Kinney, Main Street, Rose Avenue and the Venice Boardwalk.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAR3
Interior
Cooling None
Fireplace No
Exterior
Parking Features Garage
Total Parking Spaces 3
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4286016020
Special Listing Condition Standard
Listed by Michael A Salerno Michael Anthony Salerno #01212427
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Barrett Real Estate -CA