$3,000,000, 6br, Venice beach remodeled 3 story duplex with high income

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Enjoy the Ocean breeze in this beautifully remodeled 3 story duplex just steps from the boardwalk in Venice. There are 2 units, each 3 bedrooms and 2 bathrooms. Open floor plan with modern kitchen and cathedral ceiling. In addition there is an office/artist studio with separate entrance and a garden rooftop with ocean view. Perfect owner occupy or 1031 exchange investment opportunity. The potential gross operating income is $150k-$170 k. With 30% down you can break even and own an incredible property in Venice which has been appreciating even in this market. According to Sept 2007 sales, the Venice has had a 6.4% appreciation in Single family and 37.5 % in condo. Explore various possibilities with this investment. for a virtual tour of the property please call the listing agent at 310 888 3354.
Clubhouse at Pacifc Ave, 90291