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935 Venezia Avenue

Venice, CA 90291
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Bed 6

Bed

Bath 0

Bath

SqFt2,992

Sqft

SqFt4,798

Sqft(Lot)

Positioned in one of Venice's most coveted pockets just steps from the iconic Walk Streets, the vibrant boutiques of Abbot Kinney, and the ocean, this unique four-unit compound presents an exceptional value opportunity west of Lincoln. Tucked behind mature, lush landscaping on one of Venice's best streets, the property features almost 3,000 sqft of charming living spaces, complemented by a communal laundry facility and a 1-car garage. Delivered completely vacant, this compound serves as a turnkey canvas ready to be optimized to its full short-term rental potential. The spacious 1,500 sqft original Spanish-style front home features two bedrooms and three bathrooms, anchored in the rear by a completely detached 735 sqft upstairs apartment containing two bedrooms and one bathroom. The remaini ng footprint is composed of 200 sqft ground-floor converted garage studio, alongside a separate 160 sqft bohemian tiki hut. Detailed financial track record and platform performance statements are available to qualified buyers upon request. Verified operational financials showcase the property's massive short-term revenue engine, showing an annualized gross run-rate between $310,000 to $860,000 in recent years, with a historical performance ceiling that peaked at $1,135,000 in a single operating year. The compound offers a versatile investment strategy: it functions as a rock-solid, passive investment with an as-is traditional long-term leasing Cap Rate starting at 4.80%, while simultaneously offering a battle-tested short-term platform history that has delivered up to an exceptional 26.40% Cap Rate at peak historical capacity. For an owner-user, the compound functions as an incredible mortgage offset while occupying the detached main front property. This is an elite coastal real estate play built for the short-term market, where multi-unit flexibility meets a battle-tested revenue engine.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,995,000

AD Id : 79840951

MLS Id : 26835373

Beds : 6

Lot Size : 4,798 Sqft

Living Area Size : 2,992

Year Built : 1924

Garage : 1

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 6
  • Interior Features

    Ceiling Fan(s), Loft
    Appliances: Dishwasher, Refrigerator
    Laundry Features: See Remarks
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1924
    Building Area Total: 2992
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Dimensions: 48x100 Main Square Feet: 4798 Lot Size Acres: 0.1101 Lot Size Square Feet: 4,798

  • Listing Price Information

    Listing Price: $2995000

  • Tax Information

    Parcel Number: 4241030006

  • Parking Information

    Parking Total: 1 Converted Garage, Door-Single, Garage, On Street

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Location Information

    Direction: North of Venice Blvd, West of Lincoln Blvd
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3932 Glencoe Avenue, Venice, CA, 90291 $4,298,000 4 6 4,325 4,325 SqFt
2403 Louella Avenue, Venice, CA, 90291 $2,495,000 -- -- 2,947 2,947 SqFt
2445 Glyndon Avenue, Venice, CA, 90291 $4,650,000 5 5 3,950 3,950 SqFt
1347 Palms Boulevard, Venice, CA, 90291 $9,600,000 4 4 3,872 3,872 SqFt
2106 Glyndon Avenue, Venice, CA, 90291 $9,500,000 5 6 3,900 3,900 SqFt
2036 Glyndon Avenue, Venice, CA, 90291 $4,995,000 5 5 4,275 4,275 SqFt
2452 Penmar Avenue, Venice, CA, 90291 $4,950,000 9 -- 5,486 5,486 SqFt
1531 Glencoe Avenue, Venice, CA, 90291 $4,195,000 4 5 3,240 3,240 SqFt
2515 Lincoln Boulevard, Venice, CA, 90291 $2,699,000 3 3 2,801 2,801 SqFt
2513 Lincoln Boulevard, Venice, CA, 90291 $2,699,000 3 -- 2,801 2,801 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information 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 Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/01/2026 @ 00:22

MLS: 26835373 LISTED BY: Mario Aceves, The Agency 424-835-7230 SOURCE: CRMLS

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