Seller WILL carry a 50% LTV loan with 50% down. One of Six contiguous approx 30 x 100 LARD2 lots each with a Non-Rent controlled 2 story duplex. Seller prefers to sell the entire 6 properties as a package but will consider offers. Total square footage of land for all 6 duplexes is approx 18,000. Fabulous location adj to Venice Canals and just two blocks to world famous Venice beach! Total package of 6 properties includes 1918, 1920, 1922, 2006, 2008, 2010 Canal St Venice. $1M each property for a total of $6M for the package. Seller also rents one unit as a daily/weekly vacation rental. Buyer can generate super cash flow while entitling project. A one of a kind opportunity for the savvy investor with vision. Did I mention none of the units are under rent control? Call for more info.
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