840 California Ave - Lease to Own & Owner Carry options.
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840 California Ave - Lease to Own & Owner Carry options.
4,200 SF Specialty Building Offered at $7,799,490 CAD at a 3.22% Cap Rate in Venice, CA 90291
INVESTMENT HIGHLIGHTS
- Trophy property featured internationally new construction built 2023
- lap pool
- rooftop with amazing 360 view
- Exquisite designer modern marvel yields top rent income
- movie theater
EXECUTIVE SUMMARY
This high-end residential income property offers a unique opportunity to own a premium asset that combines comfort, functionality, and long-term value. Thoughtfully designed and built with top-tier materials, it serves as both an inviting residence and a potential income-generating asset.
Perfect for those seeking a property that enhances lifestyle while serving as a sound investment for the future. Owner is open for a lease to loan option as well as owner carry.
Contact us for more details or to schedule a viewing.
Perfect for those seeking a property that enhances lifestyle while serving as a sound investment for the future. Owner is open for a lease to loan option as well as owner carry.
Contact us for more details or to schedule a viewing.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $7,799,490 CAD | Building Class | B |
| Price Per SF | $1,857 CAD | Lot Size | 0.08 AC |
| Sale Type | Investment | Building Size | 4,200 SF |
| Cap Rate | 3.22% | No. Stories | 3 |
| Property Type | Specialty | Year Built | 2023 |
| Property Subtype | Residential Income | Parking Ratio | 0.48/1,000 SF |
| Price | $7,799,490 CAD |
| Price Per SF | $1,857 CAD |
| Sale Type | Investment |
| Cap Rate | 3.22% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 0.08 AC |
| Building Size | 4,200 SF |
| No. Stories | 3 |
| Year Built | 2023 |
| Parking Ratio | 0.48/1,000 SF |
AMENITIES
- Air Conditioning
- Smoke Detector
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Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (85)
ZONING
| Zoning Code | RD1.5 (Restricted Density Multiple Dwelling) |
| RD1.5 (Restricted Density Multiple Dwelling) |
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840 California Ave - Lease to Own & Owner Carry options.
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