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101 Dudley Ave

101 Dudley Ave, Venice, CA 90291, USA
Available Now
Undisclosed
72 views
FOR SALEMultifamily / Apartments Building
Building Size
15,000SF
Parking Info
1.17/1,000 SF
APN
4286-016-046
Lot Size
0.14AC
Year Built
1914
Zoning
R3-1
Listing Contacts
View OM

More property details

Occupancy
93%
Currently Leased
No
Sale Type
Investment Sale
Property Class
B
No of Buildings
1
No of Stories
3
Units
29

Features & amenities

Unit Amenities
Air Conditioning
Central Heating
Kitchen
Refrigerator
24 Hour Access
Washer/Dryer or Laundry Services
Site Amenities
Controlled Access
Lobby or lounge
Restrooms
Location Amenities
Airport
Metro/Subway
Commuter Rail
Public Transportation

Location

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101 Dudley Ave
About the location

IREA is proud to exclusively offer 101 Dudley Ave. Currently unpriced, 101 Dudley Ave is one of Venice’s most iconic buildings and has been a Venice mainstay since its inception in 1914. A highly visible property on Pacific Avenue, the property is a premier Venice location just steps from The World-Famous Venice Beach & Boardwalk.
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 and the balanced is comprised of six studios and one 1 bedroom/1 bath unit.. 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.
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 short-age 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. Google Venice, home to 500 employees, is within one block. The property is at the center of everything Venice. Adjacent neighbor-hoods include Santa Monica and Silicon Beach.

Location highlights
  • Trophy Iconic Venice Property - Just steps from the beach and a short walk to Main St
  • 11 parking spaces - generating additional income
  • Value-add with 25% upside in rents through renovation/remodel of units
  • Tremendous walk-score of 92 and bike score of 95

Documents

FILE
101 Dudley OM.pdf
6.06 MB · Listing document
101 Dudley Ave
15,000 SF · multifamily · United States · CA
View OM