12 E 27th Avenue Venice, CA ^$ 2,950,000

12 E 27th Avenue

^$ 2,950,000

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Recently Listed

12 E 27th Avenue

Venice, CA, 90291

^$ 2,950,000

Bedrooms7 Baths12.0 Sq 2,900

Monthly Estimate*

^$ 18,164

Listed by Wealth Road Realty

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Multi-Family Home for sale in Venice, CA

for $2,950,000 with 7 bedrooms and 12 full baths. This 2,900 square foot home was built in 1952 on a lot size of 0.0643.

Rare Venice Beach 4-unit property with direct beach access and strong rental history. Each unit features 1-bedroom layouts, modern finishes, and separate meters, providing flexibility for future condo conversion or expansion. Exceptional upside potential with space to add up to 2 ADUs while keeping existing parking, or up to 4 ADUs utilizing more of the parking lot an extremely rare opportunity in Venice. Units are investor-ready but also perfect for an owner-user seeking extra income, with the ability to manage rentals directly. High-demand location, steps from the sand, shopping, dining, and transit, with parking options that are almost impossible to find in this area. Short-term rental potential for up to two units adds additional flexibility. Prime location!

Multi-Family Active

Price

^$ 2,950,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.0643

Year Built

1952

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

25627765

Days on Market

Features

General

Living Area 2900

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Appliances Dishwasher Disposal Microwave Refrigerator Dryer Washer

Zoning LARD1.5

Year Built 1952

Tenant Pays Cable TV Gas Other Trash Collection Water

Stories Count 1

Levels One

Gross Income 1050

Waterfront Features Beach Access Ocean Access

County Los Angeles

Net Operating Income 193035

Insurance Expense 2800

New Construction false

Property Type Residential Income

HOA false

Attached Garage true

Garage Y/N true

Full Baths 0

Special Listing Conditions Standard

Status Active

Buyer Financing Assumed Cash

Directions Corner of Speedway 27th Pl and 27th Ave nearest major cross streets include Ocean Front Walk and Lincoln Blvd/Centrum near 27th Ave as you approach the sand. The property is essentially one house from the beach.

City Venice

Disclosures Coastal Zone

Senior Community Y/N false

Number Of Units Total 4

MLS Area C11 - Venice

Lot Size Units Square Feet

Lot Size Square Feet 2800

Listing Terms Lease Option

Property Condition Repairs Cosmetic Updated/Remodeled

Water Sewer Expense 200

Standard Status Active

Year Built Source Other

Expected Active Date 2026-01-25

Taxes 38000

Cap Rate 6.54

Interior

Interior Amenities Furnished

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Window Features Blinds Drapes

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 7

Total Baths 4

Exterior

Exterior Amenities Rain Gutters

Parking Features Assigned Garage Guest One Space Side By Side Tandem

Lot Features Value In Land

Total Parking 10

Lot Size Area 2800

Number of Buildings 1

Building Area Total 2900

Lot Size Acres 0.0643

Lot Size Source Estimated

* Excluded Features

List By

Wealth Road Realty

Broker

TryWRI@gmail.com

Affordability Calculator

$18,164

Per Month

Monthly Principal & Interest: $18,164
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Venice, CA

Average List Price ^$2,477,923

Percent of Sale Price 16%

About Venice, CA

29,124 Population

-6% Since 2002

^$89,009 Median Income

41.51 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/25/2026	$2,950,000		Listed Price

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12 E 27th Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $2,950,000 with 2,900 sqft and a lot size of 0.0643. 12 E 27th Avenue has 7 bedrooms, 12.0 baths, and was built in 1952. The property's zip code is 90291 which is in Venice, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 1/26/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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12 E 27th Avenue

Multi-Family Home for sale in Venice, CA

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