Property listed by Pardee Properties, Tyler Kunkle 310-907-6517
$1,895,000
Incredible Venice Beach Triplex Development Opportunity Steps to Abbot Kinney & the Ocean. Unlock the potential of this rare Venice Beach offering; ideal investment or owner-user opportunity just 1/3 of a mile from the sand and one block to Abbot Kinney's world-renowned shops, cafes, and restaurants. Sitting on a large… Read More 5,200 sqft corner lot, this triplex is primed for a streamlined renovation or full-scale development. The layout is already perfectly configured: Front Duplex: Two charming roughly 430 sqft 1 bed / 1 bath units with great separation and private entrances off Brooks Ave. Rear House: A generous nearly 1,000 sqft 2 bed / 1 bath home with a beautifully sized bathroom and its own private yard. Detached Garage: A bonus structure off the alley that can become an ADU, guest house, game room, or the ultimate work-from-home studio. Each home can be designed with spacious private outdoor areas, allowing for top-tier rental income or premium living spaces for an owner-occupant. The lot layout is perfectly suited for a family compound, a high-income rental property, or a savvy owner-user leveraging short-term rentals in one of the most desirable pockets of Venice. Opportunities like this don't come often, a prime location, ideal layout, and a clean slate to bring your vision to life. Whether you're an investor, builder, or future homeowner, this is your chance to stake your claim in Venice Beach's most sought-after and walkable neighborhood. Read Less
Listing Snapshot
Days Online
33
Last Updated
Property Type
Other
Beds
4
Square Ft.
1,830
Lot Size
0.12 Acres
Year Built
1953
MLS Number
25563157
30 Days Snapshot Of 90291
$2.45M
-6%
(avg) sold price
16
-27%
homes sold
84
+27%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1953, Building area total: 1,830, Levels: One, Living area: 1830, 1 story, 2 buildings
Cooling
None
Fireplaces
LivingRoom
Garage
2 spaces
Heating
None
Income
Gross income: $184,800, Net operating income: $129,360
Lot
0.1194 acres, 5,200 square feet, Size: 5,200
Parking
2 totals parking, DoorMulti, Garage
Property
Zoning: LARD1.5
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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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