Address
101 Dudley Avenue, Venice, CA
Price
$ 12,998,000
Property Attributes
  • MLS#SR22181465
  • TypeIncome
  • CountyLOS ANGELES
  • CityVenice
  • AreaVenice
  • Zip90291
  • Style
  • Price$ 12,998,000
  • Bedrooms29
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage18792
  • Lot Size6,017 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

One of Venice’s most iconic buildings, 101 Dudley Avenue has been a Venice mainstay since its inception in 1914. A highly visible property on Pacific Avenue, 101 Dudley Avenue is a premier Venice location just steps from The World-Famous Venice Beach & Boardwalk. 101 Dudley Avenue itself is actually a public footpath designed for convenient beach access. Altogether, the property is 29-units, 22 of which are guest-rooms with common area bathrooms which lock for privacy and are kept clean by property management. 5 singles and 2 one bedroom-one bath units round out the total unit-mix. The property also features 11 surface parking spaces (a luxury for the area), all of which collect additional income. Given the ideal location and unit-mix, there’s unique optionality in targeting long or short-term rentals. The property features on-site laundry, entry courtyard, and is a secured access building. Buyer to verify all info. PLEASE SUBMIT ALL OFFERS. This is a RARE opportunity to acquire Venice history. The property is well-located in one of the most celebrated and coveted locations in the country. There’s no shortage of options with immediate proximity to well-known retail destinations, eateries, and entertainment. The area is anchored by Main Street, Abbot Kinney, and Rose Avenue – All within a short walk. The property is at the center of everything Venice. Adjacent neighborhoods include Santa Monica and Silicon Beach.

Price History
8/17/2022 Listed $12,998,000

General Features

Community Features Urban
Garage Spaces, Detached Garage 11
Garage Y/N Yes
Levels Three Or More
Listing Agent Matthew Sillaman - BRE#01925847
Listing Agent State License 01925847
ListingTerms Cash, Conventional, Contract, 1031 Exchange
Lot Size Square Feet 6017
MLS Area C11 - Venice
Pool Features None
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Taxes 155976
Total Units 29
Water Sewer Expense 13474
Zoning LAR3

Interior Features

Common Walls No Common Walls
Laundry Features Common Area

Exterior Features

Lot Features Level
Lot Size Acres 0.1381
Lot Size Area 6017
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 10
Number of Separate Gas Meters 10
Number of Separate Water Meters 10
Parking Features Assigned
Total Parking 11
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90291

Price
AVG $3.58M
$13M
Visits
AVG 41
31
Year Built
AVG 1956
1914

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