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40 WESTMINSTER Avenue, Venice, CA 90291 (MLS # 18377456)

Price $7,495,000
Status Active
Beds 0
Baths 0 bath
Home size 7,691 sq ft
Lot Size 3,149 sqft
Days on Market 57
$416,388 PER UNIT HALF A BLOCK TO VENICE BEACH! 40 Westminster sits just 400 feet from the sand on one of the best blocks Venice has to offer. The building has been meticulously gut renovated with no expense spared and all necessary permits pulled. 12 of the 18 units are showpieces with reimagined and improved floorplans while the remaining 6 original units offer significant upside potential. Additionally, 6 units will be delivered vacant at close. Situated steps from the Venice boardwalk, across the street from the Westminster Dog Park and a 5 minute walk to Abbot Kinney, 40 Westminster puts residents in the center of everything Venice has to offer. The building features units designed with the affluent millennial renter in mind. Renovated apartments typically have an in-unit washer/dryer as well as fully appointed kitchens and baths. This level of detail has resulted in a market rent per square foot exceeding $5.00, further supporting Silicon Beach's status as LA's top rental market.
Property Type(s): Residential Income
Last Updated 10/10/2018 Year Built 1912
Community C11 - Venice County Los Angeles

Additional Details

APPLIANCES Dishwasher, Garbage Disposal, Refrigerator
AREA C11 - Venice
LOT 3149 sq ft
STORIES 0
ZONING LARD1.5

Location

 

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Listing provided by : Robert Renshaw CalDRE:01332831, REMAX COMMERCIAL & INVESTMENT

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 10/16/18 3:50 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2018.

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