718 720 Hampton Drive
Venice, CA 90291
- – beds
- – baths
- – sqft
- 5,875 sqft lot
- 1953 build
- – on site
INCREDIBLE OPPORTUNITY - RARE 5,800+ sqft DOUBLE LOT w/ TWO CHARMING BUNGALOW RESIDENCES - COMMERCIAL ZONING w/ 6 PARKING SPACES. This creative compound in the heart of Venice, just behind Abbot Kinney and a short stroll to Venice Beach, offers endless possibilities. The property features two side-by-side homes transformed into a collective creative haven, emphasizing indoor/outdoor living. With completely private outdoor spaces for each bungalow, the flexibility allows for various uses, such as a live/work retreat, living in one property while renting the other for passive income, or renting both for the ultimate investment opportunity. Ideal for qualified SBA owner-users, the property may offer the chance to assume the current owner's second trust deed at low-interest rates (estimated around 2% below current rates, based on qualification requirements). About the homes: Located on two contiguous lots with six parking spaces, these detached properties are surrounded by lush greenery and fruit trees, embodying SoCal vibes. The first bungalow, filled with natural light, features a kitchen with stainless steel appliances, ample storage, beautiful hardwood floors, and an open spacious floor plan. The second bungalow boasts exposed beam ceilings and an open, flexible floorplan, both equipped with air conditioning. Currently set up as an office space, the potential for a think tank or a blank canvas for your vision and designer's eye is evident. You'll Love: Cohesively integrated, this property is a rare find West of Lincoln. Situated on a corner lot with a secure perimeter fence, it's conveniently located near Google, tech companies, restaurants, shops, gyms, and creative studios. The Neighborhood: With Abbot Kinney and the Rose Corridor at your doorstep, this property provides easy access to some of the best restaurants, coffee shops, boutiques, and more in Los Angeles. Bike to the beach, explore the Venice Canals, or stroll to Main Street. This unique offering stands out in the market - don't miss out!
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Last updated Feb 23, 2024
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MLS# 24349145 —
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).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/9/24
Feb 9, 2024
|
Price Changed | CRMLS_CA | $3,495,000 | -2.2% |
|
1/26/24
Jan 26, 2024
|
Listed / Active | CRMLS_CA | $3,575,000 | |
|
4/15/21
Apr 15, 2021
|
Listed / Active | CRMLS_CA |