Asking Price: $1,750,000

Available separately or as assemblage. FIVE ADJACENT PROPERTIES FOR SALE. 708, 712, 716, 724 AND 728 MACHADO DR. BUY ONE, BUY SOME, OR BUY THEM ALL. 4 unit building in a great Venice location. 3800 sq ft C-2 lot. Adjacent property 728 Machado Dr also for sale. Both properties create total lot size of 7600 sq ft. C-2 can be built (per LA City code) to R-4 density, which would allow 19 units to be built on both properties. Venice specific plan overlay may affect this. Buyers advised to verify with the city and all other building depts. as the total number of units allowed may be less. Close to everything Venice has to offer, such as Whole Foods, Rose ave, the beach, Abbot Kinney, Gold's Gym, etc. Possibly assumable financing Union Bank 3.5% fixed, approximately 30 years remaining, P&I $2546, approximate loan balance $595,000. Pictures show renovated unit. 3 units have not been updated. Exterior of building will be painted late January/early February.