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  • Price$3,900,000
  • Baths2
  • Sq. Ft.1,224
  • Built1956

523 Rose Ave, Venice

Leased Investment Opportunity on iconic Rose Avenue in Venice. Restaurant building with strong tenant in place. Excellent rental income with 3% yearly increases throughout the lease term. Patio Dining. Tenant has Type 41 Beer & Wine License. Rose Avenue is now the Restaurant Row of Venice with names such as Rose Cafe, Venice Ale House, Venice Beach Wines, Makani, Butcher's Daughter (coming soon), American Beauty (coming soon), Jeni's Splendid Ice Cream, Wallflower, Flake, Cafe Gratitude, Groundwork Coffee Co., La Isla Bonita (food truck), Banh Mi. Joining this list is the current tenant at 523 Rose Avenue, Bluestone Lane Cafe!

Essential Information

  • MLS® #18379828
  • Price$3,900,000
  • Bathrooms2.00
  • Square Footage1,224
  • Acres0.00
  • Year Built1956
  • TypeResidential Income
  • Sub-TypeCombo - Res & Com
  • StatusActive

Amenities

  • Parking Spaces4
  • ParkingTandem

Additional Information

  • Date ListedAugust 27th, 2018
  • Days on Market141
  • ZoningLAC4

Community Information

  • Address523 Rose Ave
  • AreaVenice (C11)
  • CityVenice
  • CountyLos Angeles
  • StateCA
  • Zip Code90291

Interior

  • Interior FeaturesOther
  • HeatingOther
  • CoolingOther

Listing Details

  • Listing AgentJeff Konecke(01355867)
  • Listing OfficeDogtown Realty
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Last updated on January 15th, 2019 at 8:01pm PST