This listing was posted on ListedBuy.
$2,325,000
440 HOWLAND CANAL, Venice, CA 90291 Multi Family For Sale MLS# 23-318431
Price:
$2,325,000
BR/BA:
5 BR, 5 BA
Location:
440 HOWLAND CANAL, North Hollywood, CA
Description:
REDUCED - INCREDIBLE 5-UNIT TROPHY PROPERTY ON THE VENICE CANALS WITH/ 2 UNITS VACANT + TONS OF OPPORTUNITY! Don't miss out on the RARE income property in one of the most desirable locations in Los Angeles - perfect an owner/user, 1031 exchange Buyer, your real estate portfolio, or for passive income - park your cash for an almost 4.5% projected Cap Rate! Nestled along the picturesque Venice Canals, this property has been meticulously maintained with love over the years and consists of a 1 Bdrm/1 Bath owners/unit that is vacant and recently updated, as well as four more charming units, with one that is vacant and ready to be saleed at market rates! Tons of upside potential by bringing the vacant units up to market rates, or leverage this as the perfect owner/user property - live in the front house and start generating passive income immediately! There are endless possibilities here, unlike any other. //About this property: The 1 Bdrm/1 Bath detached front house gracefully faces the serene canals and sets the tone for the entire property. This beautiful unit stands ready for you to call home. Recently renovated, you will enjoy a light-infused, functional floor plan, a cozy restored Franklin fireplace, a full kitchen with granite counters, stainless steel appliances, and a stackable washer and dryer. The bedroom is spacious, with plenty of closet space and a full bathroom with a jacuzzi-style spa tub. There are private outdoor decks on the front and side of the property- perfect for hosting friends, BBQ, and dining alfresco, or relaxing and unwinding, taking in the ocean breeze. Sale this unit to its fullest potential, or move right in to have your own space to call home. To the rear of the property are three studio units and a junior 1 Bdrm unit that exude charm and a modern flair (two upstairs and two downstairs); all units have shared outdoor space, and each unit boasts a fully equipped kitchen, washer/dryer, and more. A vacant upstairs. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
1,926 sq. ft.
Amenities:
Fireplace, Hot Tub, Washer Dryer
For sale by:
By Owner
Posted:
January 23 on ListedBuy
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More About this Listing: 440 HOWLAND CANAL, Venice, CA 90291 Multi Family For Sale MLS# 23-318431
440 HOWLAND CANAL, Venice, CA 90291 Multi Family For Sale MLS# 23-318431 is a Five Bedroom 5.5 Bath Multi-Family Real Estate for Sale at 440 Howland Canal in North Hollywood CA. Find other listings like 440 HOWLAND CANAL, Venice, CA 90291 Multi Family For Sale MLS# 23-318431 and listings near 440 Howland Canal by searching Oodle Classifieds for Five Bedroom 5.5 Bath Multi-Family Real Estate for Sale in North Hollywood CA.
440 HOWLAND CANAL, Venice, CA 90291 Multi Family For Sale MLS# 23-318431 is a Five Bedroom 5.5 Bath Multi-Family Real Estate for Sale at 440 Howland Canal in North Hollywood CA. Find other listings like 440 HOWLAND CANAL, Venice, CA 90291 Multi Family For Sale MLS# 23-318431 and listings near 440 Howland Canal by searching Oodle Classifieds for Five Bedroom 5.5 Bath Multi-Family Real Estate for Sale in North Hollywood CA.