Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

1,812 sqft

Lot size

2,245 sqft

Year built

1949

Stories

2

Garage spaces

2

Heating

Fireplace(s),Forced Air,Wall Furnace

Cooling

Central Air

Pool

None

Status

Active

Days on market

105

MLS #

243960192

About this property

Hello, I'm 535 Venice Way a refurbished Venice duplex built in 1949, which means I have character, history, and just enough vintage credibility to make newer buildings feel like they're trying too hard. I offer 1,812 square feet of flexible Venice living across two separate units, both with main-level entry. My front unit is a vacant 1-bedroom, 1-bath, perfect for an owner-user, guest space, rental opportunity, creative hideaway, or that one friend who "just needs a few weeks" and somehow brings three houseplants. My rear unit features 2 bedrooms and 2 baths, with an upper-level balcony and city views because yes, I do enjoy a dramatic little moment upstairs. I've been thoughtfully refurbished with upgraded appliances, flooring, counters, lighting, and paint, so while I may have been born in 1949, I do not intend to act like it. Inside, you'll find a stylish mix of wood, wood laminate, carpet, and tile flooring, recessed lighting, kitchens with range hoods and dishwashers, bathrooms with showers and tubs, and inside laundry in both units, because nobody moved to Venice to carry laundry down the street like it's a character-building exercise. Outside, I keep things cozy and practical with a small front yard and deck, gated and coded access, alley access, and a 2-car garage for the rear unit only. My asphalt shingle roof handles the business up top, while my layout gives you options below: live in one, lease the other, create a compound feel, or hold as an income-producing coastal asset. And then there's my location, which frankly is doing a lot of the heavy lifting and doing it beautifully. I'm just about five blocks from the beach, close to Abbot Kinney's restaurants, boutiques, coffee houses, galleries, fitness studios, and that very Venice blend of surf, style, creativity, and "I may have accidentally spent $18 on a latte but somehow feel spiritually improved." You're also near the Venice Canals, Main Street, Rose Avenue, the Boardwalk, Marina del Rey, Santa Monica, and all the coastal lifestyle people move here hoping to find. Now, let's talk opportunity. The front 1-bedroom unit is vacant, and the rear unit may be amenable to a cash-for-keys discussion to deliver possession, though no terms have been determined or discussed. Translation: there may be flexibility, but we're keeping it grown-up, professional, and properly negotiated. I'm a unique opportunity in one of Venice's most iconic lifestyle pockets: a refurbished duplex with flexibility, charm, income potential, parking, gated access, and beach proximity. Properties like me do not come around every day and when they do, they tend to get attention from buyers who understand options. So come see me. Schedule a private showing, request more information, or stop by the next open house. I'll be here looking charming, useful, and suspiciously close to the beach.

Location

535 Venice Way

Venice, Los Angeles, CA, 90291