40 30th Ave, Venice, CA 90291

$2,675,000
5
BD
4
BA
3,270
SqFt

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List Price
$2,675,000
MLS#
26942891
Year Built
1969
Bedrooms
5
Bathrooms
4
Living Sq. Ft
3,270
Lot Size
2,967
Days on Market
13
Property Type
Multifamily
Stories
2

Property Description

1 BLOCK FROM THE BEACH! A rare opportunity to own a heavily updated duplex in a prime part of Venice with on-site parking. 40 30th Avenue is ideally positioned just steps from the beach and around the corner from the restaurants, shops, and neighborhood favorites along Washington Blvd.The property has been extensively and tastefully updated. Both units were fully remodeled, and significant building upgrades include fully updated electrical system/meters, updated windows, copper plumbing and a new roof installed in 2022. Adding to the property's upside and value-add play are two non-conforming studio units, providing a new owner with some exciting options such as mid-term rentals (Buyer to verify). One of them has been fully remodeled and offers the possibility of permitting it to become an ADU. Buyer to verify allowability with the City. The other unit could offer an owner the option of a work office or creative studio space. This gem offers proximity to the beach with three on-site parking spaces including one enclosed garage. The large private patio is perfect for entertaining, relaxing, and enjoying the sun and coastal air of beach city life. With its prime location near the sand and Washington Boulevard, remodeled units, significant capital improvements, valuable on-site parking, and flexible additional spaces, 40 30th Avenue, represents a truly unique Venice offering with multiple paths for an investor to enjoy and unlock additional value.

Additional Information

Other Buildings
None
Heat
Central, Electric
Cooling
Central, Air Conditioning
Number of Cars in Garage
Garage - 1 Car, Covered Parking

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Calculator source: Real Geeks

Courtesy of Realty Investment Advisors, Inc., Alexander Metaxas - CA DRE#01784652

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