837 Milwood Ave, Venice, CA 90291

Property Description

Back On the Market. This property is being sold 100% As-Is, Tenants In Place. This Classic Venice Beach Bungalow situated between Abbot Kinney and Lincoln BLVD Won't Last Long. On one of the most iconic and widest streets of Venice with regal Washingtonia palm trees, this Location is hard to beat. Quiet, yet close to it all!!! The property is perched behind an oasis front yard featuring plentiful Guava, Banana, Grapefruit, and Plumeria trees and just moments away from Abbot Kinney. The large lot boasts an undeniable charm and character unique to only Venice. The front unit is a bright and spacious 2-bedroom, 1-bath unit, while the back unit is a cozy 1-bedroom, 1-bath. Each unit offers hardwood floors and abundant natural light. The spacious front and back yards offer ample entertainment and outdoor living space, not to mention additional parking in the alley behind. This duplex is perfect for an owner/user, or as an investment. Live in one unit and rent the other or make use of the huge yard. The large lot also contains an unpermitted converted garage, which has an unfinished bathroom and kitchen. This property offers tremendous potential for development with an ADU or using the LAR2 zoning for larger development. Each unit is currently rented on month to month leases for a total gross rent amount of $4200 per month. 48-HOUR Advance notice required to tour. Disclosures, Home Inspection, Termite Report, etc. available Upon Request.