• 31 S Venice Boulevard Venice, CA 90291

  • $2,850,000
  • 4
    Bed(s)
  • 0
    Baths
  • 1,968
    Sq Ft
  • 2641
    Sqft
  • Listed By: Richard Schulman, KW Advisors, DRE #01427211
  • Source: CRMLS

This triplex, with a rich history as an investment property, presents an incredible opportunity for real estate buyers and investors. Two of the three units will be delivered VACANT! Situated just steps away from the breathtaking shoreline, this vintage gem offers unrivaled views of the Pacific Ocean and Venice Beach from its impressive roof deck. One of the standout features of this lot is its highly valuable LAR3 zoning and three separate addresses (31, 33, & 33.5 ), opening up a world of possibilities for potential buyers. Whether you envision developing luxurious condos, utilizing it as an owner/user property, or simply maintaining it as an income-producing investment, the choice is yours. Its well-designed layout consists of two charming 1BR/1BA units, both located on the ground floor, and a spacious 2BR/2BA unit with exclusive access to the 360-degree view roof deck (refer to floor plan pics for a closer look at the layouts of all three units). All residents can enjoy the shared open-air patio located behind the building. Each unit also comes with a dedicated one-car garage, and the three-bay garage conveniently opens to the alley behind the building, ensuring easy access and parking. The property boasts several noteworthy amenities, including stainless-steel appliances, newer water heaters, a shared laundry room, and secure code key gates. You'll also appreciate the proximity to the area's finest attractions, including world-class shopping and renowned restaurants along the iconic Abbot Kinney Boulevard. Immerse yourself in the vibrant Venice Beach community and embrace the California dream life.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 4

Full Baths: 0

Half Baths: 0

Interior Features

Property Appliances: Dishwasher,Refrigerator,Washer

Fireplace: None

Flooring: Wood

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1938

Building Area Total: 1,968

Security Features

Gated Community

Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.0606

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 2641

Listing Price Information

Original List Price: 2,850,000

Listing Contract Date: 2024-01-23

Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 4226014013

Garage and Parking

Garage Description: Door-Multi,Garage

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C11 - Venice

Postal Code Plus 4: 4381

Directions: East of Speedway, West of Pacific Ave

Zoning: LAR3

Source Property Type: Residential Income

Area: C11 - Venice

Building and Construction

Property Age: 86

Year Built Source: Vendor Enhanced

Total Square Feet Living: 1968

Levels or Stories: Multi/Split

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11 20th Avenue, Venice, CA,90291 $3,290,000 -- -- -- 2642 Sqft
1352 Palms Boulevard, Venice, CA,90291 $4,190,000 6 4 4,476 10893 Sqft
1113 Electric Avenue #1, Venice, CA,90291 $1,250,000 1 1 1,010 14390 Sqft
325 Brooks Avenue, Venice, CA,90291 $3,699,000 2 2 1,896 5279 Sqft
1702 Abbot Kinney Boule.., Venice, CA,90291 $1,875,000 4 -- 1,867 3000 Sqft
1706 Abbot Kinney Boule.., Venice, CA,90291 $1,875,000 3 -- 2,842 3001 Sqft
580 Venice Boulevard, Venice, CA,90291 $2,500,000 4 -- 1,914 3907 Sqft
123 Park Place, Venice, CA,90291 $1,950,000 2 -- 2,008 2250 Sqft
537 W Westminster Avenue, Venice, CA,90291 $2,900,000 6 -- 2,389 10408 Sqft
14 Brooks Avenue #6, Venice, CA,90291 $3,550 -- 1 448 6011 Sqft

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ByOwner last updated this listing 05/04/2024 @ 19:51

MLS: 24350423
LISTED BY: Richard Schulman, KW Advisors
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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