21
See all 21 photos
$2,900,000
Est. payment /mo
4 BD
4 BA
1,968 SqFt
New
31 S Venice BLVD Venice, CA 90291
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UPDATED:
01/09/2025 09:33 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,968 sqft
Price per Sqft $1,473
MLS Listing ID 25478459
Bedrooms 4
HOA Y/N No
Year Built 1938
Lot Size 2,639 Sqft
Property Description
**Charming Triplex with Unmatched Investment Potential Near Venice Beach** Discover an exceptional investment opportunity with this historic triplex, perfectly positioned steps from the stunning shoreline of Venice Beach. Ideally situated near world-class shopping, iconic Abbot Kinney Boulevard, and top-tier dining, this property places you in the heart of the vibrant Venice Beach community. Whether you envision developing luxury condos, creating your dream owner-occupied residence, or capitalizing on its rental income potential, this triplex invites you to embrace the quintessential California beach lifestyle. Two of the three units will be delivered vacant by February and the other unit is month-to-month, giving you the freedom to customize or maximize rental potential immediately. Highlighting its appeal is the highly coveted LAR3 zoning and three distinct addresses (31, 33, & 33.5), offering unmatched flexibility for future development, owner-occupancy, or maintaining it as a steady income property. The property's layout includes two charming 1-bedroom, 1-bathroom units on the ground floor and a spacious 2-bedroom, 2-bathroom unit on the upper level, which features exclusive access to a breathtaking 360-degree view roof deck perfect for soaking in panoramic views of the Pacific Ocean and Venice Beach. Residents also enjoy a shared open-air patio tucked behind the building, ideal for outdoor relaxation. Convenience meets functionality with three dedicated one-car garages, accessible via an alley behind the property for seamless entry and parking. Additional amenities include: stainless steel appliances, newer water heaters, shared laundry facilities, secure code-key gates. Don't miss your chance to own this one-of-a-kind property and unlock its unlimited potential! (Also listed as separate TIC sales)
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Central
Flooring Wood
Fireplace No
Appliance Refrigerator
Laundry Common Area
Exterior
Parking Features Door-Multi, Garage
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4226014013
Security Features Key Card Entry
Special Listing Condition Standard
Listed by Vanessa Van Overmeer • KW Advisors