521 Venice Way Venice, CA $ 2,950,000
521 Venice Way
$ 2,950,000
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521 Venice Way

Venice, CA, 90291
$ 2,950,000
Bedrooms4 Baths5.0 Sq 2,673

Monthly Estimate*

$ 20,607

Listed by Pardee Properties
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Multi-Family Home for sale in Venice, CA

for $2,950,000 with 4 bedrooms and 5 full baths. This 2,673 square foot home was built in 1947 on a lot size of 0.1031.

Welcome to this completely VACANT triplex in the vibrant neighborhood of Venice, California. This property offers the perfect opportunity for an owner/user to generate income or an investor looking to rent all three units, at an estimated 4% cap rate. Located in close proximity to the Venice Canals, the beach, and all that Abbot Kinney Blvd has to offer - this is quintessential Venice living! The recently renovated 2 bed, 2.5 bath back unit lives like a single family townhome featuring dual en suites that provide ample space and privacy for residents and guests. With vaulted bedroom ceilings and a private balcony, this 1200 sqft unit has an airy, open atmosphere. The two front units are 1 bed/1 bath bungalows each filled with sunlight and charm. All of the three units have upgraded appliances, their own washer/dryer, and recently replaced gas lines and roof. The property has 5 car parking, and beautifully landscaped shared outdoor space with an outdoor shower. Whether you're an owner/user, or investor, this triplex presents endless opportunities!

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Multi-Family Active

Price

$ 2,950,000

Bedrooms

4

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Bungalow

Lot Size

0.1031

Year Built

1947

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

24376551

Days on Market

19

Features
General
Heating Central
Possession CloseOfEscrow
Appliances Dishwasher Disposal Microwave Refrigerator Dryer Washer
Zoning LARD1.5
Architectural Style Bungalow
Pool Features None
Security Features GatedCommunity
Year Built 1947
View None
Levels MultiSplit
Gross Income 0.0
Community Features Gated
County Los Angeles
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Facing Direction South
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions West of Abbot Kinney North of Venice Blvd.
City Venice
Disclosures CoastalZone
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area C11 - Venice
Lot Size Square Feet 4493.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Venice
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition UpdatedRemodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 12
Standard Status Active
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Exterior
Parking Features None
Lot Features FrontYard Landscaped Yard
Total Parking 0.0
Lot Size Area 4493.0
Number of Buildings 3
Spa N
Building Area Total 2673.0
Lot Size Acres 0.1031
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features LivingRoom
Total Stories 0
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Way
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 5
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Internal Only
Street Number 1 521
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* Excluded Features
List By
Pardee Properties

Broker

(310) 968-4557

Phone

Affordability Calculator

$20,607
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,607
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2024$2,950,000 Listed Price

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521 Venice Way, Venice, CA, 90291 is a Multi-Family Home for sale at $2,950,000 with 2,673 sqft and a lot size of 0.1031. 521 Venice Way has 4 bedrooms, 5.0 baths, and was built in 1947. The property's zip code is 90291 which is in Venice, CA