354 4TH AVE

Estimated Monthly Payment: $39,901/mo 354 4TH AVE, Venice, CA 90291 MLS# 20-550964 Residential Income Listing Status: Active
11,958 sqft


Located on a larger corner lot walking distance to the beach - one block South of Rose Ave. and two blocks east of Main St. The property features lots of outdoor space with a large community courtyard and has achieved 95%+ rent collections throughout the pandemic. The almost 12, 000 sq. ft. two-story building is comprised of (1) three-bedroom and one-bath townhouse, (1) two-bedroom and one-bath townhouse, (2) three-bedroom and two-bath units, (9) two-bedroom and one-bath units and (2) one-bedroom and one-bath units. 7 out of 15 units have been remodeled to include quartz countertops, stainless steel Frigidaire appliances, soft-close custom cabinets, LED lighting package, copper plumbing, and a custom black window package. Additionally, 354 4th Avenue features secured entry and approximately 24 covered parking spaces. Remodeled units are achieving market rents, which present a significant value-add opportunity to investors, as current rents are approximately 47% below market value.


Residential Income
Covered Parking, Tandem
Ceiling Fan


Built-Ins, Ceiling Fan, Dishwasher, Range/Oven, Refrigerator






Broker Reciprocity Courtesy of Kenny Stevens - Compass




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Data last updated: 10/27/2020