1603 Shell Ave Venice, CA 90291
Active
$6,940,000
0%
2 Units
7 Beds
7 Baths
5,600 Area(sq.ft.)
5,740 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 4 | 4 | No | $ 20,000 | $ 25,000 | $ 25,000 |
| Unit 2 | 2 | 3 | 3 | No | $ 6,000 | $ 8,000 | $ 8,000 |
| 2 | 3 | 10 | 10 | $ 32,000 | $ 41,000 | $ 41,000 |
| MLS #: | 24-438323 |
| Days On Market: | 98 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,239 |
| Price per unit: | $ 3,470,000 |
| Year Built: | 2020 |
Property Details
A coveted corner lot hosting a 3,500 sq ft smart home and a 2,100 sq ft guest house, each with its own distinct address yet harmoniously united in design. These structures are bathed in natural light through expansive picture windows, ensuring that every room is a canvas of sunlight and shadow. The main residence offers four bedrooms, four bathroom and five car parking. The guest house / office is a standalone gem, offers three bedrooms and three bathrooms, extending the main house's functionality; ideal for hosting events, accommodating guests, or serving as an office, music, or art studio. The second unit could also be a rental to offset expenses. Its adaptable design includes the option to remove a wall between bedrooms, creating a spacious, open area that evolves with the owner's needs. The two residences can be effortlessly merged, forming a cohesive and expansive estate. The Nexus Retreat is a modern sanctuary designed by Woods+Dangaran. It blends industrial aesthetics with Zen-inspired tranquility, using concrete, steel, and natural wood. The minimalist design and abundant natural light create a peaceful atmosphere, making it more than just a home it's a lifestyle choice for both dynamic living and quiet introspection. At the corner of Shell and Palms, you're steps from Abbot Kinney's chic boutiques and dining, with the beach and LAX just minutes away. Walk Score 94, Bike Score 96. A short drive brings you to top athletic venues like the Toyota Sports Center, perfect for athletes or coaches needing easy access to training. Tech and aerospace pros will appreciate the proximity to Silicon Beach's innovation hub, while entertainment industry peeps are close to major studios and cultural landmarks. 1601 Shell Ave offers the best of Venice living with seamless access to LA's vibrant pulse. ****The use of terms such as "Zen," "serene," "peaceful," and similar descriptors in the descriptions of 1601 Shell Avenue and The Nexus Retreat are intended to convey the subjective experience and ambiance of the property as perceived by the owner/agents and may not reflect everyone's perception or the exact nature of the property. These terms are not intended to be literal guarantees or promises of the property's atmosphere, and individual experiences may vary. Potential buyers are encouraged to schedule a private showing to personally experience the property and determine if it meets their expectations.****Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 33,000 |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 33,000 |
| Gross Annual Income: | $ 33,000 |
| Gross Rent Multiplier: | 0.00 |
Structure
| Type of Units: | Residential |
| Buildings: | 2 |
| Levels: | Three Or More |
| Security Features: | Automatic Gate, Carbon Monoxide Detector(s), T.V., Prewired for alarm system, Owned, Fire Rated Drywall, Smoke Detector |
| Style: | Modern |
| View Description: | Tree Top |
Land & Parking
| Zoning: | LAR2 |
| Parking Garage: | Auto Driveway Gate |
Interior
| Cooking Appliances: | Cooktop - Gas, Gas Grill |
| AC/Cooling: | Air Conditioning, Heat Pump(s), Central |
| Equipment: | Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Network Wire, Washer |
| Heating: | Combination, Radiant, Central |
| Fireplace Rooms: | None |
| Interior Features: | Sunken Living Room |
| Laundry: | Inside, Laundry Area, On Upper Level |
Exterior
| Pool: | No |
| Spa: | No |
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