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

5

Building size

8,000 sqft

Lot size

5,039 sqft

Year built

1992

Stories

4

Heating

Central

Cooling

Central Air

Status

Active

Days on market

117

MLS #

245524008

About this property

A rare trophy beachfront asset located just steps from the Venice Pier, 3111 Ocean Front Walk is one of Venice Beach's most recognizable mixed-use properties. Known as the iconic "Angel of Unity" building, the four-story architectural offering blends creative commercial space, residential income, and irreplaceable coastal frontage in the heart of one of Los Angeles' most dynamic and heavily visited neighborhoods. On over 5,000 square feet of prime beachfront land, the approximately 8,000 square foot property features ground-floor commercial frontage along Ocean Front Walk, multiple shoreline-view apartments, and a dramatic split-level penthouse with sweeping 270-degree views spanning from the Pacific Ocean to the city skyline. Designed to maximize the coastal experience, the penthouse captures panoramic sunrise-to-sunset views from a unique motorized loft space.Positioned between Venice Beach and Marina del Rey, the property sits within one of Southern California's most sought-after coastal trade areas, benefiting from constant tourism, strong local demographics, and long-term income growth potential. Zoned C4, the asset offers exceptional flexibility for an investor or operator seeking a repositioning, hospitality, creative office, retail, or mixed-use opportunity tailored to evolving market demand. Venice has emerged as the center of "Silicon Beach," attracting leading technology, entertainment, and digital media companies alongside billions in venture capital investment. The neighborhood's affluent and highly educated population, combined with millions of annual visitors drawn to Venice's art, culture, restaurants, boutiques, and beachfront lifestyle, continues to drive demand for distinctive experiential real estate offerings.

Location

3111 Ocean Front Walk

Marina del Rey, Los Angeles, CA, 90292