525 Venice Way
Venice, CA 90291
Map
- – beds
- – baths
- – sqft
- 4,493 sqft lot
- 1947 build
- – on site
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Excellent opportunity to own three units in the heart of Venice, just a five minute stroll to all the action of Abbot Kinney or to the serenity of the historic canals, and less than a 10 minute walk to the famed Venice Boardwalk and the Pacific Ocean. The vacant 1,200sf back home or the charming 730sf front bungalow (also vacant) are perfect for an owner/investor who wants to live at the property and generate income as well, or the property also allows an excellent opportunity for an investor who prefers to lease all three units. Located on an extra-wide (50x90), oversized 4,493sf lot with mature and attractive landscaping and generous 5 car parking, all of the units boast character and privacy, making this an attractive investment for a variety of buyers. The two-story back home was added in 1988 and is a newly renovated, 2 bed + 2.5 bath with excellent light, vaulted ceilings in dual primary en suite bedrooms perfect for a family or roomates, all new kitchen, new flooring throughout and outdoor living space (both an upstairs deck and side yard), making it feel like a single family home. The two front units are large classic 1 bed + 1 bath 1940's style Venice bungalows with natural charm, privacy and yard space. All units have their own washer/dryer hookups and gas fireplace. Every Friday enjoy farm fresh fruits and veggies at the famed Venice Farmers' Market, and all that Gjelina, Belles Beach House, Great White, Felix Trattoria, Ospi (whose chef is currently featured on Top Chef) and Erewhon Market have to offer within a short distance. The location can't be beat with its central proximity to all Venice attractions. This is truly Venice living at its finest! Two units delivered vacant!
Last checked:
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Last updated Dec 9, 2024
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MLS# 22135285 —
The Building
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Year Built:1947
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New Construction:No
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Building Area Total:2673.00
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Total Number Of Units:3
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# of Buildings:1
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Stories Total:2
Interior
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:West of Abbot Kinney/North of Venice Blvd.
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Latitude:33.98778300
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Longitude:-118.46654700
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:4493.0000
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Lot Size Acres:0.1031
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Lot Size SqFt:4493.00
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View:1
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Security Features:Gated Community, Carbon Monoxide Detector(s), Smoke Detector(s)
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4238019020
Heating & Cooling
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Heating:1
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Heating:Central, Wall Furnace
Appliances
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Appliances:Dishwasher, Disposal, Refrigerator
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Included:Yes
The Community
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Senior Community:No
Parking
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Parking:Yes
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Parking:Parking Space
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Parking Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/5/22
May 5, 2022
|
Sold | CRMLS_CA | $2,400,000 | 2.1% |
|
4/13/22
Apr 13, 2022
|
Pending | CRMLS_CA | $2,350,000 | |
|
3/31/22
Mar 31, 2022
|
Sold Subject To Contingencies | CRMLS_CA | $2,350,000 |
