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$1,525,000
35 Days On Site

837 Milwood Avenue
Venice, CA 90291

For Sale|Residential Income|Active
3
Beds
2
Total Baths
1,340
SqFt
$1,138
/SqFt
1950
Built
County:
Los Angeles
Listed by Consuela Kielbowicz of Del Rey Urban Brokerage Inc consuela@delreyurban.com

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837 Milwood Avenue837 Milwood Avenue837 Milwood Avenue837 Milwood Avenue
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We're excited to share a fantastic opportunity to create value on one of the best streets in Venice. This income property is located on an extra-wide, tree-lined street, offering close proximity to Abbot Kinney, Rose Avenue, and some of the hottest new spots on Lincoln Blvd. The property itself boasts timeless charm and character, surrounded by lush landscaping and mature fruit trees. It's situated on a beautiful street among multi-million dollar properties. The front unit is a spacious and bright 2-bedroom, 1-bathroom unit with access to the front yard. The attached rear unit is a 1-bedroom, 1-bathroom unit with a separate entrance off the side yard. There's additional outdoor space between the units and the large two-car garage with an extra laundry room area. Both units feature many original finishes, hardwood floors, and great natural light. Please note that the property is currently tenant-occupied. This property can potentially work for an owner-user. Live in one of the units and build an Accessory Dwelling Unit (ADU) above the garage for additional income. Rent control laws apply, and all buyers to do their own due diligence as they relate to any tenant relocations. For Investors and Developers, the lot has tremendous potential to be transformed into a stunning duplex with the option for a third ADU unit, totaling three units. This is a unique opportunity in a highly desirable location for a savvy investor or owner-user. The property is being sold As-Is. Inspection reports are available upon request. DO NOT DISTURB TENANTS.

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Listing Snapshot
Price 
$1,525,000
Days On Site 
35 Days
Bedrooms 
3
Inside Area (SqFt) 
1,340 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1006 Acres
Year Built 
1950
MLS® Number 
25559855
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $1,525,000
a month agoListing first seen on site
General Features
Acres 
0.1006
Direction Faces 
South
Disclosures 
PrincipalIsRealEstateLicensed
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
1
Parking Spaces 
2
Property Condition 
Fixer
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
1340
Stories 
One
Zoning 
LAR2
Interior Features
Appliances 
Gas RangeOven
Heating 
Wall Furnace
Laundry Features 
In Garage
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Exterior Features
Lot Features 
Back YardFront Yard
Community Features
MLS Area 
C11 - Venice


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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