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For Sale

3000 Grand Canal

3000 Grand Canal, Venice, CA 90291

$6,695,000
Trophy Canal front 5 unit Building on the famed Venice Canals. Newer construction just 2 blocks from the Ocean and minutes from famous Abbott Kinney, Marina Del Rey, Venice boardwalk and all the best Restaurants/hotspots Venice has to offer. Front 3 Story Home boasts sweeping Views of the Venice Canals and Santa Monica mountains from every level. 4BR l 4.5BA Owners unit has private elevator, front lush private garden with decks on every level, perfect for entertaining. Beautiful open chefs kitchen with Island, custom cabinets, Travertine counters, large pantry and Stainless-steel appliances throughout opening up to the Canal front garden through French doors perfect for a large Family and entertaining. Large open Living room and dining area with fireplace. Second and third levels have 2 Master suites with spacious walk-in closets, Luxurious Master bathrooms, Seating area and fireplace lead to private decks through sliding doors each with Fantastic Views down the Venice canals. Other 4 Units all comparably appointed consisting of 2x 3BR l 3BA units, and 2x 1BR l 1.5BA units. All with central A/C, heat and fireplaces. Current Gross Income of $422,400/year and Cap Rate of 4.55. Professionally managed currently, perfect owner/user.

12
beds

15
baths

7,068 Sq.Ft. LIVING AREA

5,988 Sq.Ft. lot

James Allan

James Allan

Features & Amenities

Interior

  • total bedrooms12
  • Total bathrooms15
  • APPLIANCES Built-Ins, Dryer, Dishwasher, Elevator, Garbage Disposal, Microwave

Area & Lot

  • Status For Sale
  • Living Area7,068 Sq.Ft.
  • Lot Area5,988 Sq.Ft.
  • MLS® ID24-415065
  • TypeMulti-Family
  • YEAR BUILT2010
  • NeighborhoodVenice
  • Water FrontageCanal
  • View DescriptionCanal, City Lights, Canyon, Coastline

Exterior

  • STORIES3
  • parkingGarage - 3 Car, Garage Is Attached
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral

Financial

  • Sales Price$6,695,000
  • Zoning LARW1
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Experience the difference of working with a top real estate agent in Santa Monica. James Allan’s extensive knowledge, innovative marketing strategies, and strong negotiation skills have made him a leader in the luxury real estate market.

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