3000 Grand Canal

Venice, CA 90291

$6,695,000

List Price

12

bed Beds

15

shower Baths

7,068 sqft

straighten / sqft

2010

calendar_month Built

Property Description

Trophy Canal front 5 unit Building on the famed Venice Canals. Newer construction just 2 blocks from the Ocean and minutes from famous Abbott Kinney, Marina Del Rey, Venice boardwalk and all the best Restaurants/hotspots Venice has to offer. Front 3 Story Home boasts sweeping Views of the Venice Canals and Santa Monica mountains from every level. 4BR l 4.5BA Owners unit has private elevator, front lush private garden with decks on every level, perfect for entertaining. Beautiful open chefs kitchen with Island, custom cabinets, Travertine counters, large pantry and Stainless-steel appliances throughout opening up to the Canal front garden through French doors perfect for a large Family and entertaining. Large open Living room and dining area with fireplace. Second and third levels have 2 Master suites with spacious walk-in closets, Luxurious Master bathrooms, Seating area and fireplace lead to private decks through sliding doors each with Fantastic Views down the Venice canals. Other 4 Units all comparably appointed consisting of 2x 3BR l 3BA units, and 2x 1BR l 1.5BA units. All with central A/C, heat and fireplaces. Current Gross Income of $422,400/year and Cap Rate of 4.55. Professionally managed currently, perfect owner/user.

Listing Information

List Price $6,695,000
Status Active
MLS 24415065
Type Residential Income
Year Built 2010
Lot Size 5,988
Structure Size 7,068
DOM 29
Courtesy Of Compass
Listing Agent James Allan DRE#01180635

Interior Features

Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 15
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: James Allan, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of Jul 23rd, 2024 at 12:09 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.