Venice, CA 90291
Bringing back to market 601 & 607 6th Ave (Two APN's, see listing 18-322202. While sitting within walking distance to the beach, this community maintains a walking score of 89 and a bike-score or 85 so daily chores may not even require a car. Each unit has been very well maintained and as such, rents have plenty of upside potential. Sitting on a double lot (approx 11k SF), this property may be ideal for a developer looking to expand his portfolio in one of the most sought after markets in California. Properties may be sold separately. Venice is a very desirable area due to its illustrious history, proximity to the beach and relaxed atmosphere. Many tech companies have found this to be ideal and have made Venice their home such as Google, Snapchat, Within, Enervee, System 1, StackCommerce and more. Additionally note, property is under rent control and section 8, check with coastal commission for redevelopment before submitting offers.
Gregory Engel with Compass
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