1917 Canal St

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Excellent opportunity to purchase two (2) side-by-side 9-unit buildings (1917 and 1921 Canal St) a few blocks from the famous Venice Canals and Ocean Front Walk (Identical unit mixes, building square footages, and lot sizes). All the Bachelor units (both buildings) have kitchenettes. One unit will be delivered vacant. Some units have been updated. Some rents well under market value with big upside when units become vacant (Projected at more than 90%). Total of 16 parking spots allocated to tenants. 1917 Canal St has one two car garage. See Income and unit breakdowns. Inside with accepted offer. Soft Story Retrofit Completed. Balcony inspections and work completed. Laundry income $2544/yr. CAP Rate includes property taxes based on the listing price. Virtual Tour button has drone video of the property and the area.

This home located at 1917 Canal St is currently active and has been available on pardeeproperties.com for 0 day. This property is listed at $4,600,000. It has 14 beds and 20 bathrooms. The property was built in 1972. 1917 Canal St is in the Venice community of County.

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