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We're excited to share a fantastic opportunity to create value on one of the best streets in Venice. This income property is located on an extra-wide, tree-lined street, offering close proximity to Abbot Kinney, Rose Avenue, and some of the hottest new spots on Lincoln Blvd. The property itself boasts timeless charm and character, surrounded by lush landscaping and mature fruit trees. It's situated on a beautiful street among multi-million dollar properties. The front unit is a spacious and bright 2-bedroom, 1-bathroom unit with access to the front yard. The attached rear unit is a 1-bedroom, 1-bathroom unit with a separate entrance off the side yard. There's additional outdoor space between the units and the large two-car garage with an extra laundry room area. Both units feature many original finishes, hardwood floors, and great natural light. Please note that the property is currently tenant-occupied and will be delivered with the existing tenants. This property can potentially work for an owner-user. Live in one of the units and build an Accessory Dwelling Unit (ADU) above the garage for additional income. Rent control laws apply, and all buyers to do their own due diligence as they relate to any tenant relocations. For Investors and Developers, the lot has tremendous potential to be transformed into a stunning duplex with the option for a third ADU unit, totaling three units. This is a unique opportunity in a highly desirable location for a savvy investor or owner-user. The property is being sold As-Is. Inspection reports are available upon request. DO NOT DISTURB TENANTS.
Property Type(s):
Residential Income
| Last Updated | 7/2/2025 | Year Built | 1950 |
|---|---|---|---|
| Community | C11 - Venice | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Range, Oven |
| AREA | C11 - Venice |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 4382 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard |
| LOT DIMENSIONS | 35x125 |
| SEWER | Other |
| STORIES | 1 |
Location
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Listed with Del Rey Urban Brokerage Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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