Quintessential Venice Beach living, a stones throw to famed Abbot Kinney Blvd . This income property is situated on a gated, oversized street to street lot oozing with development opportunity. Front structure is currently a triplex. The back structure is a 3 car garage plus bonus studio. Estimates in place to convert the garage into two ADUs which could push the cap rate to 7-10%! All tenants are on a month to month lease and one unit currently vacant. Developers dreams! Or rent out and keep as is!
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