4.45% CAP Rate on in Placed Rents! 1411 Innes Place presents a unique pride of ownership apartment in an A+ location situated in the heart of downtown Venice Beach, just steps from the famous Venice Sign and Abbot Kinney Blvd. Built in 1958, this two-story, walkup style building consists of five (5) total units with a great unit mix of entirely 2-bedroom, 1-bathroom units with one unit to be delivered vacant. The property features a gated entry with an intercom system, nine (9) tuck under parking spaces with the Soft Story Retrofit completed, ADT security cameras, bike racks, and on-site laundry services for additional income. Majority of the units have been upgraded with remodeled flooring, countertops, bathrooms, kitchen, stainless steel appliances, and windows. The property sits on 3,998 Sq Ft with LAC4 zoning in arguably the most desirable pocket of Venice Beach. This amazing location with a walk score of 94 is just off Pacific Ave, near Winward Circle, and is less than a quarter mile from the Venice Beach Boardwalk, Abbot Kinney Blvd, Rose Avenue Corridor; steps from all the great shops, restaurants, and nightlife in the area.