Residential Income In Venice

Gorgeous and gated, a classic character rich Spanish Bungalow, recently updated and refreshed with modern amenities. Located in the desirable walk streets neighborhood of Venice, W of Lincoln Blvd, N of Venice Blvd., close to Abbot Kinney, shopping & entertainment. Front facing units of 1 bed 1 bath each, with only 1 common wall, no one above or below. The mirrored floor plans offer fresh, bright interiors with open living spaces, newer flooring throughout, and multiple windows that flood the homes with natural light, creating a warm and inviting atmosphere. Both units have spacious bedrooms with two closets each, and sliding doors that open to their private back patios finished with concrete stepping stones ideal for outdoor dining or relaxing. Each unit benefits from a 1 gated open space, car parking, accessed from the alley. The main living spaces feature beautiful front French window, smooth ceilings, AC/heating unit in living space and bedroom, recessed lights, window treatments, newer flooring, stainless steel appliances: refrigerator, new dishwasher (in 908), gas cooking range with vent hood, laundry room with side by side W&D, exterior side door. UNIT 908 - has a large kitchen with quartz countertops. The bathroom was fully updated, overhead lights, large tiled shower, and matte-black fixtures. Photos were taken when property was staged. UNIT 910 - Light and bright with a large skylight over the kitchen that floods in more daylight, kitchen has granite countertops. The bathroom has updates blended with original features, and was virtually staged. Tenants pay for utilities, fully rented with strong income. The 2 car garage is rented separately for $1,000/mo, and will be delivered vacant at close of Escrow for new renter or conversion to ADU offering excellent upside potential. Plans for garage ADU conversion have been submitted to the city, with plan check corrections issued. Also available are, 2 additional preliminary plans, one for a modern single family house and the other for expanding the existing units to 3 bedroom 2.5 bath each. An exceptional investment opportunity in one of Venice’s most sought-after neighborhoods