31 South Venice Boulevard Venice, CA $ 2,850,000
31 South Venice Boulevard
$ 2,850,000
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31 South Venice Boulevard

Venice, CA, 90291
$ 2,850,000
Baths0.0 Sq 1,968

Monthly Estimate*

$ 19,908

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Studio

Multi-Family Home for sale in Venice, CA

for $2,850,000. This 1,968 square foot home was built in 1938 on a lot size of 0.06.

This triplex, with a rich history as an investment property, presents an incredible opportunity for real estate buyers and investors. Two of the three units will be delivered VACANT! Situated just steps away from the breathtaking shoreline, this vintage gem offers unrivaled views of the Pacific Ocean and Venice Beach from its impressive roof deck. One of the standout features of this lot is its highly valuable LAR3 zoning and three separate addresses (31, 33, & 33.5 ), opening up a world of possibilities for potential buyers. Whether you envision developing luxurious condos, utilizing it as an owner/user property, or simply maintaining it as an income-producing investment, the choice is yours. Its well-designed layout consists of two charming 1BR/1BA units, both located on the ground floor, and a spacious 2BR/2BA unit with exclusive access to the 360-degree view roof deck (refer to floor plan pics for a closer look at the layouts of all three units). All residents can enjoy the shared open-air patio located behind the building. Each unit also comes with a dedicated one-car garage, and the three-bay garage conveniently opens to the alley behind the building, ensuring easy access and parking. The property boasts several noteworthy amenities, including stainless-steel appliances, newer water heaters, a shared laundry room, and secure code key gates. You'll also appreciate the proximity to the area's finest attractions, including world-class shopping and renowned restaurants along the iconic Abbot Kinney Boulevard. Immerse yourself in the vibrant Venice Beach community and embrace the California dream life.

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Multi-Family Active

Price

$ 2,850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.06

Year Built

1938

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0024350423

Features
General
Heating Central
Cooling Central Air
Zoning LAR3
Architectural Style Traditional
Security Features Gated Community
Year Built 1938
View Ocean
Levels Multi/Split
County Los Angeles
Net Operating Income 0.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Venice
Buyer Agent Compensation 2.50
View Y/N Yes
Senior Community Y/N No
MLS Area C11 - Venice
Lot Size Square Feet 2641.0
Street Name Venice
Structure Type None
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Wood
Kitchen Appliances Dishwasher Refrigerator
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Boulevard
Laundry Features None Washer Included Community
Total Baths 0
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Exterior
Lot Size Area 2641.0
Spa No
Pool Y/N? No
Building Area Total 1968.0
Lot Size Acres 0.06
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Richard Schulman

Listing Agent

Kw Advisors

Broker

Affordability Calculator

$19,908
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,908
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$2,850,000 -3.39% Price Down
1/30/2024$2,950,000 Listed Price

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31 South Venice Boulevard, Venice, CA, 90291 is a Multi-Family Home for sale at $2,850,000 with 1,968 sqft and a lot size of 0.06. 31 South Venice Boulevard is a studio with 0.0 baths and was built in 1938. The property's zip code is 90291 which is in Venice, CA