UNPRICED - Assumable Financing! 101 Dudley Ave

Assumable Financing! Luther Burbank Bank, Interest rate: 4.35%, Good until: 7/25
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.