Sold
Rancho Mirage, CA
40315 Cholla Lane
Ending Price
$16,000,000
Welcome to Venice where SoCal living thrives with this rare opportunity to own a 3 story income property in Venice with ocean views. Experience the vast outdoor entertainment space this property has to offer year-round. This 3 unit income property, comprising of a duplex plus converted garage ADU is perfect for anyone looking to earn extra passive income while living steps away from the heart and soul of the Venice Beach community. Walking distance to the canals, Abbot Kinney, and blocks from the beach this property is a once in a lifetime opportunity. The downstairs front unit is a huge one bedroom, two bath with remodeled kitchen, fireplace, living room and a deck that opens to sprawling front yard. Back unit is a permitted large single unit (ADU) with its own private entrance, kitchen and laundry. Upstairs is a two story open floor plan loft unit with a see through fireplace, two decks, including rooftop deck with ocean views! Set back behind a private gated entrance this oasis is surrounded by palm trees, mature landscaping, fire pit and plenty of seating space to entertain all year round. PROPERTY WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. ADU / Garage conversion was done to code and with permit. Buyers to verify this matter and all facts independently. Washer/Dryer in each unit, all appliances included.