486-488-490 Carroll Ave. is in the prime location of Venice, only 150 feet from the Canals. Corner lot with an alley. Walk to Beach and Canals from this adorable triplex consisting of a free-standing 2-bed 1-bath unit and two 1-bed 1-bath units stacked with a lovely courtyard in between. Great property in a great area. A true value-add with potential CAP of 5.06% and GRM of 15.42. This property may be purchased along with adjacent property, 2309 Ocean Ave., a Single Family Residence fully leased for $4,995 a month, that forms 2 contiguous parcels. Buy 2 properties together with $100,000 discount. Call Listing Agent for more info on the house. A unique opportunity to acquire 2 adjacent properties in Venice for immediate cash flow, and future development. Please do not contact/disturb the tenants of either property. Purchase of the property is subject to 3 tenants' month-to-month leases.
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