312 Market St Venice, CA 90291
Active
$1,850,000
2 Units
4 Beds
3 Baths
1,960 Area(sq.ft.)
2,848 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 1,406 | $ 1,406 | $ 4,995 |
| Unit 2 | 2 | 2 | 1 | No | n/a | n/a | $ 4,995 |
| 2 | 3 | 6 | 4 | $ 1,406 | $ 1,406 | $ 14,985 |
| MLS #: | 24-468531 |
| Days On Market: | 16 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 944 |
| Price per unit: | $ 925,000 |
| Year Built: | 1938 |
Property Details
Exciting Opportunity in Venice Beach Charming Renovated Duplex with Endless Potential! Discover this beautifully renovated Venice Beach duplex, where one vacant unit is ready for immediate occupancy! The vacant unit boasts a spacious 2-bedroom, 2-bathroom layout with a private front and backyard and includes a vacant garage with storage space that is ideal as a home office, gym, media room or creative office; while the second unit offers a comfortable 2-bedroom, 1-bathroom design. This is the perfect opportunity for owner-users to live in one unit while renting the other or to vacate 2nd unit and occupy both units as well as for investors to rent out both units. The fully renovated downstairs unit, (with permits), features a custom kitchen adorned with modern cabinets, designer tiles, and sleek matte black fixtures. Enjoy new flooring, windows, and recessed lighting throughout, as well as two stylish full bathrooms with floating vanities. The unit also includes a new mini-split HVAC system for air conditioning and heating, in-unit laundry, and stainless steel appliances. Step outside to your private front and back yard perfect for relaxing or entertaining guests. This duplex is an exceptional opportunity for discerning buyers, whether you're seeking a smart investment or a home where you can live in one unit while generating income from the other. Located just moments from Abbot Kinney and the iconic Venice Beach, this property offers the best of California living in a vibrant, historic neighborhood. Additionally, there are preliminary plans to add two detached ADUs in the back, the potential for increased value and future growth is significant. Embrace the Venice lifestyle spend your days on the beach, shopping, and dining on Abbot Kinney, and savor the endless California summer in this dream property.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Vacancy Rate: | 1% |
| Gross Operating Income: | $ 0 |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
| Gross Annual Income: | $ 0 |
| Gross Rent Multiplier: | 0.00 |
Structure
| Amenities: | None |
| Type of Units: | Duplex |
| Buildings: | 1 |
| Levels: | Two |
| Security Features: | None |
| Style: | Traditional |
| Sewer: | In Street |
| View Description: | Tree Top |
| Water: | Public |
Land & Parking
| Zoning: | LARD1.5 |
| Parking Garage: | Garage - 2 Car, Garage Is Detached |
Interior
| Cooking Appliances: | Gas/Electric Range |
| AC/Cooling: | Wall Unit(s), Other |
| Equipment: | Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Stackable W/D Hookup |
| Heating: | Combination, Other |
| Fireplace Rooms: | None |
| Laundry: | In Unit |
| Laundry Equipment: | Own |
| Patio Features: | Patio Open |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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