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$2,495,000
Est. payment /mo
3 Beds
2 Baths
1,634 SqFt
OPEN HOUSE
Sat May 03, 1:00pm - 4:00pm
Sun May 04, 1:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,634 sqft
Price per Sqft $1,526
MLS Listing ID 25529331
Bedrooms 3
HOA Y/N No
Year Built 1905
Lot Size 3,310 Sqft
Property Description
With low down payment SBA financing available & extra income from a mural wall scape, could owning a live/work property in Venice Beach help your creative business grow this year? What if you could own this amazing space for 15% less than it appraised for in October 2020? This is the opportunity at hand as the Seller needs to offset other gains in her portfolio, so we can structure a massive win-win with the Seller's loss and your gain! Etched into the heart of quintessential L.A. coolness in vibrant Venice Beach, and just brimming with potential to bloom into yet untold creative expression. Offering immense flexibility with allowable commercial and residential uses, and strategically located at the entry of the Windward Circle near the Venice sign, this unique creative office or live/work opportunity on a versatile C2 street-to-alley lot is a perfectly blended segue between commercial and residential corridors. Just a hop-skip away from Abbott Kinney (literally crowned "the coolest block in America" in GQ's Style Bible), and just a stone's throw to Rose Corridor and Main Street, just blocks to the sand, and billed as both a Walker's and Biker's Paradise, positively everything is within reach. The property itself presents as a standalone single-story boutique building with soaring skylit ceilings and bathed in abundant natural lighting, evoking the embodiment of SoCal vibes throughout its modern open floor plan. With a compelling blend of aesthetics and functionality, the building spans 1,634 square feet across three spacious bedrooms, recently remodeled kitchen and two bathrooms. Adding to the versatility, a storage room with separate entry and huge crawlspace are already in place for those in need of ample storage or data rooms, and the convenient alley access parking allows for 4 cars or room for additional upside down the road. Adjacent to a swathe of luxury residential homes and immersed in one of the highest concentrations of tech and creative residents of Silicon Beach, this property has provided consistent short-term rental income from a variety of clientele seeking inspiration from the buzzing cultural mecca that is Venice. And with 60 feet of prominent street frontage on Windward and accessibility to numerous amenities and restaurants provides for excellent visibility and lucrative signage opportunities for additional income potential. Presently permitted as a residential home, residential or SBA commercial financing may be available depending on intended use, presenting a unique opportunity to add a trophy location for creative business owners, investors, and homeowners alike. Less than a mile from Marina del Rey, just two miles from Santa Monica, easy access to the rest of the Westside Los Angeles via nearby Highway 1, 10 and 405 freeways, and access the rest of the world via nearby LAX Airport, all roads lead to Venice.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAC2
Interior
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Fireplace No
Appliance Range, Refrigerator, Range Hood, Dryer, Washer
Exterior
Parking Features Driveway
Total Parking Spaces 4
Building
Entry Level One
Architectural Style Contemporary
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4238013006
Special Listing Condition Standard
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Listed by Vivian Chaing • Property Concierge
Crystal Bauer
Agent | License ID: CA02099002/NVS.0196277
+1(530) 788-8251 | crystalsellsproperty@gmail.com