3000 Grand Canal Active

Venice,CA 90291

$ 6695000

12 Beds

15 Baths

7068 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,068 sqft

Price per Sqft $947

MLS Listing ID 24415065

Bedrooms 12

HOA Y/N No

Year Built 2010

Lot Size 5,989 Sqft

Property Description

Trophy Canal front 5 unit Building on the famed Venice Canals. Newer construction just 2 blocks from the Ocean and minutes from famous Abbott Kinney, Marina Del Rey, Venice boardwalk and all the best Restaurants/hotspots Venice has to offer. Front 3 Story Home boasts sweeping Views of the Venice Canals and Santa Monica mountains from every level. 4BR l 4.5BA Owners unit has private elevator, front lush private garden with decks on every level, perfect for entertaining. Beautiful open chefs kitchen with Island, custom cabinets, Travertine counters, large pantry and Stainless-steel appliances throughout opening up to the Canal front garden through French doors perfect for a large Family and entertaining. Large open Living room and dining area with fireplace. Second and third levels have 2 Master suites with spacious walk-in closets, Luxurious Master bathrooms, Seating area and fireplace lead to private decks through sliding doors each with Fantastic Views down the Venice canals. Other 4 Units all comparably appointed consisting of 2x 3BR l 3BA units, and 2x 1BR l 1.5BA units. All with central A/C, heat and fireplaces. Current Gross Income of $422,400/year and Cap Rate of 4.55. Professionally managed currently, perfect owner/user.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARW1

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher,Disposal,Microwave,Dryer

Exterior

Garage Door-Multi,Garage

Waterfront Description Canal Front

View Y/N Yes

View Canal,City Lights,Coastline,Canyon

Parking Type Door-Multi,Garage

Attached Garage Yes

Total Parking Spaces 10

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4227018033

Special Listing Condition Standard

View More
Favorite Go Tour