Mar Vista Income Property For Sale | San Diego Multifamily | Lee & Associates San Diego Multifamily Advisory Group

13 Jun Mar Vista Income Property For Sale

Posted at 16:44h in Listings by Eric von Bluecher

Mar Vista Income Property For Sale

Great location, unit mix and income potential in prime Mar Vista.

Click link for setup —> 3792 Ashwood Ave – Setup

Bike to beach, Abbot Kinney Blvd, quick Uber to Santa Monica, Beverly Hills, Culver City

Excellent location on the Venice-Mar Vista Border
Excellent unit mix for AirBnB Rentals
7 parking spaces in the rear of the building (no tuck under)
2 units have been beautifully renovated and currently vacant
Rents can be increased by 5% per year
New front fence and landscaping

Asking $2,025,000

Call Eric von Bluecher or Kenny Stevens for details 310-900-9505 cell or email for a setup evonbluecher@concord-re.com.

Mar Vista Income Property Exterior

Mar Vista Income Property Interior

3792 Ashwood Avenue, located in the rapidly growing Westside neighborhood of Mar Vista. This 1949 bungalow-style property is located just 1.5 miles from the world-famous Venice Beach Boardwalk. Entertainment value and proximity to a variety of westside neighborhoods add to this property’s longterm appreciation. The building has six (6) studios as well as one (1) 1+1 unit, all of which have hardwood floors, private entrances, and individual parking spaces. The one bedroom unit and one of the studios have been beautifully renovated with stainless steel appliances, new fixtures, quartz counter top, new cabinets, and updated bathrooms. Additional renovations to the property include; new contemporary landscaping, new front fence, as well as a newly paved parking lot.

3792 Ashwood Ave, is located in the booming, culturally rich neighborhood of Mar Vista — Close to the Mar Vista Sunday Farmer’s Market, Venice Beach, Marina Del Rey, Silicon Beach, Santa Monica, and Culver City. Located only a short bike ride from trendy Abbot Kinney Blvd where some of the best shopping and restaurants in LA are located. Easy commute to LAX, Downtown LA and Beverly Hills and all that West LA has to offer! Over the course of just a couple of years, Mar Vista has been among the most significant emerging submarkets in Los Angeles. Its central location on the Westside along with its proximity to Venice and Silicon Beach has made this area irresistible to residents. With Venice and Playa Vista filling up fast and Santa Monica virtually out of space, developers and brokers are eying Mar Vista as the next prevalent neighborhood.

Silicon Beach is the Westside region of the Los Angeles metropolitan area that is home to over 500 tech startup companies. Major technology companies have opened Offices in the region including Google, Yahoo!, YouTube, BuzzFeed, Facebook, AOL, Electronic Arts, EdgeCast Networks, and MySpace. The region is considered the second- or third-largest tech hub in the world, according to various reports. This has had major impacts on the type and availability of office space and on home prices in Mar Vista, Playa Vista, Playa Del Rey, Westchester, Santa Monica, and Venice, as these areas have become more desirable due to this influx.