Description
Rare investment opportunity in the heart of venice: perfect for multi generational living! an unparalleled opportunity in the heart of venice, this perfectly located and meticulously designed four-home property offers the perfect blend of togetherness and independence ideal for multi-generational living or a high-yield investment with a 5.7% cap rate. the home is fully occupied at noted rents via the outstanding corporate rental platform however can be delivered vacant at the close of escrow to suit a buyers needs. this unique gated sanctuary consists of a completely rebuilt two story front house, a spacious duplex, and a brand-new construction adu with a rooftop deck, all designed to feel connected yet separate, with lush landscaping for natural privacy and security for each. front house (3bd/3ba): rebuilt in 2024, this modern two-story home is flooded with natural light from skylights and features an open floor plan, large kitchen, private bar/wine room, luxurious primary suite, private fenced yard, and in-unit laundry. middle duplex (two 3bd/2ba units): thoughtfully remodeled, both units offer spacious open layouts, private outdoor areas enclosed by greenery, and in-unit laundry. ideal for extended family, guests, or high-income rentals. adu (2bd/2ba + rooftop): designed by renowned architect robert thibodeau, this brand-new (2024) standalone residence features an expansive rooftop deck with an outdoor kitchen and breathtaking city views a true private retreat. each home is intentionally separated with custom fencing, hedges, and private walkways, ensuring residents have their own gated entrance and dedicate outdoor space. located just moments from rose ave & abbot kinney blvd, this property places you in the heart of venice's best shopping, dining, and coastal lifestyle. a place where generations can come together, yet live independently. a rare chance to own a multi-home sanctuary in one of la's most coveted neighborhoods.
Property Type
Residential IncomeCounty
Los AngelesStyle
TraditionalAD ID
48628075
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 11
Bathroom Information
- Total Baths: 9
- Full Baths: 0
- Half Baths: 0
Interior Features
- Interior Features: Ceiling Fan(s)
- Property Appliances: Barbecue,Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
- Fireplace: Living Room
- Flooring: Wood
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: Living Room
- Has Fireplace: 1
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Exterior Features
Building Information
- Year Built: 1924
- Building Area Total: 4,289
Pool Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1302
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 5670
-
Listing Information
Listing Price Information
- Original List Price: 5,149,000
- Listing Contract Date: 2025-02-14
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4239002026
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport,Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C11 - Venice
- Postal Code Plus 4: 3061
- Directions: North of California, East of Abbot Kinney, South of Rose, West of Lincoln
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: C11 - Venice
Building and Construction
- Property Age: 101
- Common Walls: No Common Walls
- Property Condition: Updated/Remodeled
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 4289
- Levels or Stories: Two,Multi/Split
- Building Total Stories: 2
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BuyOwner last updated this listing 02/22/2025 @ 11:24
- MLS: 25498789
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 11 bedrooms which is for sale, it has 4,289 sqft, 5,670 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Venice , in zip code 90291, this Los Angeles County Home are nearby neighborhoods.