Homes for Sale by Bidding Event
Cash Flow in Venice!
7 Bed 4 Bath 2632 SQ FT .061 Acres
10 27th Ave, Venice
CA 90291
Starting Bid $3,600,000
Ending: May 30, 2024 5:00 PST
Type
Multi Family
Sq Ft
2632
Bedrooms
8
Lot Size
2644
Bathrooms
4
Year Built
1925
https://youtu.be/mSXbDcpc6I0
Investor Alert: Prime Cash Flow Property Opportunity!
Beachside Bliss Awaits!
Picture yourself as the proud owner of a slice of paradise, just steps away from the iconic Venice Beach – it's more than just a property, it's an investment in lifestyle! Nestled in the heart of this vibrant coastal community, this two-story gem features seven bedrooms and four bathrooms, making it the ultimate cash flow opportunity.
Situated mere moments from the sun-drenched sands, on the desirable corner of 27th Ave and Oceanfront Walk, this property offers unmatched convenience and allure. Recently renovated to perfection, each of the four units exudes contemporary elegance, boasting spacious interiors, chic furnishings, and state-of-the-art amenities.
But there's more to this property than meets the eye – it's designed for maximum returns. Upgraded plumbing and electrical systems ensure hassle-free ownership, while the nine-car parking lot provides added convenience for both tenants and owners, with the option to convert into additional cash flow through potential ADU development.
The real allure? With Venice Beach as your backyard playground, the potential for high rental demand is boundless. Whether catering to tourists seeking a slice of California paradise or locals yearning for beachfront living, this property appeals to all.
Don't let this rare opportunity slip through your fingers – own a piece of Venice Beach real estate today. With its unbeatable location, modern amenities, and limitless rental potential, this property is poised to become your ultimate cash flow generator. Seize the moment – schedule your showing today!
Property is subject to a 6% buyer paid premium to be added to the accepted bid.
Please download the EZ RE Platform Addendum (behind the paper icon next to the "SUBMIT DOCUMENTS HERE" button, and have both buyer and agent sign. Once that is done, come back and click the "SUBMIT DOCUMENTS HERE" button, and upload the signed addendum along with the buyers Pre Approval letter or Proof of Funds if a cash buyer. Please allow 2 business hours for us to verify your documents and establish a bidding capacity for you.
Sellers reserve the right to accept, reject or negotiate any offer/bid at any time.
Ending: May 30, 2024 5:00 PST
Bid History
0 Bids
Bidder Name | Bid ($USD) | When |
|---|---|---|
Contact Agent
Buyers and agents can bid online anytime from the beginning until the end of the published sale date.
Buyers/bidders acknowledge that all bids are public and 100% transparent to all parties, without exception.
Once the seller accepts the selected bid, the entire process will proceed like a traditional real estate transaction. The buyer will submit a signed contract to the seller with the final sales price being the highest bid offer plus the buyer’s premium. The seller will open escrow with all of the buyer’s contingencies and inspection time frame outlined in the contract. For more information contact Listing Agent!
SELLER RESERVES THE RIGHT TO ACCEPT, COUNTER OR REJECT ANY BID!
What is the “Buyers Premium” – Using our EZ Real Estate Offers option, real estate commissions can be paid by the seller, the buyer, or both. When the buyer’s paying the commission it’s called “Buyer’s Premium”. (Highest Bid + Buyer’s Premium = Sales Price)
The Selected Bidder shall provide a purchase contract within 24 hours from the time of acceptance of the selected bid by the seller. If the buyer will not provide the purchase contract within the time frame specified above, the seller reserves the right to accept other offers!
For information on how to get approved and bid online Click Here!
IMPORTANT DETAILS
In order to place a bid/offer on any property available by our online sales, you must REGISTER and create an account at the URL above. If you are working with an Agent, you will need to provide us with their contact information.
By creating your account, you agree to accept AND you understand the Terms and Conditions of the online sales process and this bidding platform.
In addition, you must either provide Proof of Funds if paying in cash OR a FULL Underwritten Loan Approval Letter From A Mortgage Lender prior to getting access to the bidding area. Registration and documents must be received NO LATER than 12:00 pm PST on the last day of the sale.
If you are not registered and/or you have not provided suitable documentation by 12:00 pm on the day of the sale, you will NOT be allowed to bid on a property!
Also, we STRONGLY encourage you or your agent to log in to your account prior to the end of the bidding time on the property you wish to bid on. It is IMPORTANT to understand the steps and functionality needed to place your bid. Technical or agent support will not be available after 12:00 pm on the final day of the sale.
Bid Increments – You may continue bidding within the limits of your proven funding. Increments can vary depending on the listing price of the property anywhere from $1,000 to $2,500.
Bidding Auto Extend – Our system Prevents Last Second Bidding by Automatically Extending the Bidding Time. Please make your final bid before 5 seconds to allow the site to refresh.
Attention Selected Bidders! – If You Are The Selected Bidder: Please have your agent submit a signed purchase agreement to the seller within the time specified in “sale terms and conditions” (please see the posting details). If you do not have an agent, please Contact Us.
Information deemed reliable but not guaranteed and subject to change without notice!