601 6TH Avenue Venice, CA 90291

$3,398,000
601 6TH Avenue, Venice, CA 90291
18375892

Single Family Home for sale in Venice, CA

for $3,398,000. This home was built in 1955 on a lot size of 11566.00 Sqft..

Property Information

  • $3,398,000
  • Single Family
  • Active
  • Lot size of 11566.00 Sqft.
  • Built in 1955
  • Venice, CA
  • Venice Neighborhood
  • Los Angeles County
  • MLS/Web ID is 18375892

Description

Incredible double-lot opportunity in the heart of Venice. Unbeatable location just a stone's throw to Venice Beach and Rose Avenue, this well-maintained triplex can be combined with the adjacent property at 607 6th Avenue to create an oversized, flat lot of over 11, 500 square feet. There are numerous potential options for developers, investors or owner-users: build one large family single home over both lots or two single family homes, multi-family residences, or a small lot subdivision. The existing triplex is well-maintained and there is the opportunity for upside with possible future increases in rent. Owner will consider selling this property individually or combined with the adjacent parcel. This is an opportunity in Venice's prime Silicon Beach. Property is tenant-occupied and currently under rent control. Buyer to investigate development potential. Price, lot size, square footage, etc. indicated for the land and buildings includes the adjacent property at 607 6th Avenue.

Interior 1

Cooling System

  • Other

Exterior 3

Exterior

  • Other Windows

Garage

  • Uncovered

Parking

  • Parking

† Excluded Feature

Listed By

Broker: THE AGENCY

601 6TH Avenue, Venice, CA, 90291 is a Single Family Home for sale at $3,398,000 with a lot size of 11566.00 Sqft.. 601 6TH Avenue has 0.0 baths and was built in 1955. The property's zip code is 90291 which is in Venice, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Venice $3,039,450 11 % below $2,495,000 27 % below
Single family listings in Venice $3,151,907 7 % below $2,525,000 26 % below

Get the facts about Venice, CA!

Population 29,556
Population Growth (since 2000) -5 %
Median Income $85,544
Median Age 40.07
Households w/ Children 15 %

Residential Dwellings

  • Owned 4881
  • Vacant 1934
  • Rented 9943

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