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    1220 Cabrillo Avenue

    Venice, CA 90291
    • $4,495,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: 20660936
    $4,495,000
    • 3
      BEDS
    • 0.06
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    • 3,457
      SQFT
    • $1,300
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2008
    County:
    Area:

    School Ratings & Info

    Description

    Prime investment property w/ premium established rents in the heart of Venice Beach, offered turn-key fully furnished. Consistently & currently leased for $25,000/month. A track record of high net-worth & celebrity renters plus a prime location next to Abbot Kinney make this one of the most profitable, coolest investment opportunities in LA's hippest blue chip area. Unheard of 15%+ cash on cash returns based on current mortgage rates. Completely private & gated w/ lush greenery inside & out w/ lots of outdoor space to work & relax under the sun. Crafted designer details, luscious walnut millwork, & timeless finishes throughout. An estate-like master enjoys the entire top floor w/ separate formal sitting area, expansive deck, & 15 ft vaulted glass ceiling w/ Velux skylights that open, a wow factor upon entry. Start & finish your days on the resort rooftop patio, ideal for entertaining year-round w/ 360 degree views from the coast to the hills.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-03T00:29:24.107. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/111975574
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    1220 Cabrillo Avenue Venice, CA 90291

    • Price: $4,495,000
    • Status: Active
    • ID#: 20660936
    3
    Beds
    2
    Baths
    1
    ½ Baths
    0.06
    Acres
    3,457
    SQFT
    $1,300
    $/SQFT
    2008
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    Prime investment property w/ premium established rents in the heart of Venice Beach, offered turn-key fully furnished. Consistently & currently leased for $25,000/month. A track record of high net-worth & celebrity renters plus a prime location next to Abbot Kinney make this one of the most profitable, coolest investment opportunities in LA's hippest blue chip area. Unheard of 15%+ cash on cash returns based on current mortgage rates. Completely private & gated w/ lush greenery inside & out w/ lots of outdoor space to work & relax under the sun. Crafted designer details, luscious walnut millwork, & timeless finishes throughout. An estate-like master enjoys the entire top floor w/ separate formal sitting area, expansive deck, & 15 ft vaulted glass ceiling w/ Velux skylights that open, a wow factor upon entry. Start & finish your days on the resort rooftop patio, ideal for entertaining year-round w/ 360 degree views from the coast to the hills.
    Exterior Features

    Entry Location Main Level Fence YN Yes Fencing Privacy Garage Spaces 2.00 Lot Size Dimensions 30X90 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Two DoorDriveway Parking Total 2.00 Parking YN Yes Patio And Porch Features Patio OpenRoof TopFront PorchPorch Patio YN Yes Pool Features None Pool Private YN No Spa Features None Spa YN No View City LightsPanoramicMountain(S)CoastlineHillsLandmark View YN Yes

    Interior Features

    Appliances BarbecueDishwasherDisposalRefrigeratorRangeElectric CooktopOven Appliances YN Yes Bathroom Features Shower in Tub Bathrooms Full 2 Bathrooms One Quarter 0 Bathrooms Three Quarter 0 Cooling Central Air Cooling YN Yes Eating Area In Kitchen Fireplace Features Living RoomFire PitGas Fireplace YN Yes Flooring Wood Heating Central Heating YN Yes Interior Features FurnishedLiving Room Deck AttachedHigh Ceilings Kitchen Features Remodeled Kitchen Laundry Features InsideIndividual Room Room Type Master BathroomWalk-In ClosetEntryLiving RoomDressing Area

    Property Features

    Additional Parcels YN No Country Us Laundry YN Yes Lease Considered YN Yes Lot Dimensions Source Assessor Property Sub Type Single Family Residence Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Justin Alexander of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-03T00:29:24.107. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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