Property listed by The Condo Experts, Brian Maser 310-494-2979
$1,970,000
Rare TIC Venice Duplex with Seller Financing Available at 6.5%: Opportunity to own 2 side by side townhomes in this price Venice location, just moments from Abbot Kinney Boulevard. This rare offering includes two beautifully updated townhomes that blend coastal charm with modern convenience. With a combined total of… Read More over 2,200 SF of living space, each 2-bedroom, 1.5-bath townhome is available and vacant creating a 4-bedroom duplex-style compound in one of LA's most sought-after neighborhoods. This is an ideal opportunity for owner-occupants, investors, or multi-generational living. Property Features & Design Highlights: Open-concept kitchens with brand-new appliances, seamlessly connecting to the dining and living areas. Large walk-in closet in primary bedroom with both bedrooms upstairs. Soaring skylights fill the living spaces with natural light, creating a bright and airy ambiance. Luxurious spa-like bathrooms with large soaking tubs and dual vanitiesUpstairs laundry areas with stacked washer & dryer in each unit. Recent renovations in the last 6 months include new roofs and new windows, ensuring a move-in-ready experience. Gated 3-car carport parking, providing security and ease in a bustling beachside communityBeautifully landscaped shared outdoor seating area, perfect for relaxing or entertaining. Incredible Investment & Expansion Opportunity: Beyond their prime location and stylish upgrades, these properties offer tremendous value-add potential: Buy individually or together a rare chance to own two designer-owned townhomesOpportunity to convert the parking area of the back unit into a formal ADU (Accessory Dwelling Unit), adding significant rental income or extra living space. This conversion can be discussed and approved through the TIC agreement, making it a rare and flexible investment opportunity.The Best of Venice Living. Whether you're looking for a duplex-style investment, a multi-unit family compound, or an individual Venice retreat, this property offers the perfect balance of tranquility and urban energy. Located just moments from Venice Beach, top-rated restaurants, and vibrant shopping districts, this is a rare and exciting opportunity in one of LA's most coveted neighborhoods. Please note it is a triplex where we are selling two of the three units in a Tenant in Common transaction. There is a $500 per month tenant in common fee for maintaining the overall complex and structure outlined in the tenant and comment agreement . The front unit is a single family house and is not for sale but part of the TIC. Also - units may be sold seperatly for $1,025M each. Please note it is a triplex where we are selling two of the three units in a Tenant in Common transaction. The duplex was built after 1980 so it was NOT UNDER Los Angeles Rent control. SELLER FINANCING AVAILABLE. Contact us today for a private showing! Read Less
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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