For Sale

Listed by Lauren Forbes

Source: San Diego MLS #SB26181932

240 Hampton Drive, Los Angeles, CA, 90291

$2,350,000

6
6
6422 sq. ft.

MultiFam

•

What's around 240 Hampton Drive

About this property

Located in the heart of Venice Beach, just moments from the beach, Venice Boardwalk, Main Street, and Rose Avenue, 240 Hampton Drive presents a rare multi-family opportunity on an oversized 6,422-square-foot lot. The property features 4 residential units within the main structure, along with a detached garage flex space (not a legal unit) with a bathroom and air conditioning. The main building comprises 2 two-bedroom units and 2 one-bedroom units, each offering air conditioning, individual laundry, generous storage, and bright, light-filled interiors. One of the two-bedroom units, currently serving as the owners unit, can be delivered vacant at close, creating an ideal opportunity for an investor or end-user looking to live on-site while benefiting from additional rental income. The detached garage flex space has been loosely converted into an office/lounge space and can also be delivered vacant at close. Ideally positioned just a few short blocks from the beach, the property offers convenient access to some of Venices most iconic destinations, including Golds Gym, Abbot Kinney, Rose Avenue, and the neighborhoods shops and restaurants. With its prime location, versatile unit mix, and oversized lot, 240 Hampton Drive offers a compelling opportunity in one of Los Angeles most sought-after coastal communities. * RENT ROLL: Unit 1 (2BD): $3,500/mo | Unit 2 (2BD): $3,500 - $4,000/mo projected rent owners unit, can be delivered vacant at close | Unit 3 (1BD): $3,000/mo | Unit 4 (1BD): $2,700/mo | Garage Flex Space: Can be delivered vacant at close. Several of the rents are estimated to be under market. This is a legal Fourplex and should qualify for owner-occupied financing given 4 units and 1 of the units can be delivered vacant. .

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