521 Venice Way
Venice, CA, 90291 $ 2,695,000
Baths0.0 Sq 2,673 Monthly Estimate*
$ 17,017
Studio for $2,695,000. This 2,673 square foot home was built in 1947 on a lot size of 0.1.
Welcome to The Bungalow Triplex, a rare Venice offering that perfectly blends charm, lifestyle, and income potential. Whether you're an owner-user seeking supplemental rental income, an investor looking to maximize returns, or exploring short-term rental opportunities, this unique property presents exceptional versatility in one of Los Angeles' most coveted coastal neighborhoods. Ideally located just moments from the Venice Canals, Venice Beach, and the renowned shops, restaurants, and boutiques of Abbot Kinney Boulevard, this is quintessential Venice living at its finest. The spacious rear residence is a 2-bedroom, 2.5-bath townhome-style unit spanning approximately 1,200 square feet. Designed to live like a single-family home, it features dual en-suite bedrooms, vaulted ceilings, a private balcony, and an open, airy floor plan that offers both comfort and privacy. At the front of the property are two charming 1-bedroom, 1-bath detached bungalows, each filled with natural light and character. The true appeal of this property is that every residence lives as its own private bungalow, a highly desirable feature that consistently attracts quality tenants in the Venice market. All three units have been thoughtfully updated with upgraded appliances, private in-unit washers and dryers, and benefit from recently replaced gas lines and a newer roof. The property also offers five parking spaces, beautifully landscaped communal outdoor areas, and an outdoor shower perfect for rinsing off after a day at the beach. With strong rental appeal, exceptional flexibility, and an unbeatable Venice location, The Bungalow Triplex presents a rare opportunity for both investors and owner-users to enjoy the best of coastal California living while generating meaningful income.
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FeaturesGeneralLiving Area 2673
Heating Central
Zoning LARD1.5
Architectural Style Bungalow
Security Features Gated Community
Year Built 1947
Levels Multi/Split
County Los Angeles
New Construction false
Property Type Residential Income
HOA false
Status Active
City Venice
Senior Community Y/N false
MLS Area C11 - Venice
Lot Size Units Square Feet
Lot Size Square Feet 4493
Property Condition Updated/Remodeled
Structure Type None
Standard Status Active
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InteriorFireplace Features Living Room
Total Stories 0
Heating Y/N true
Fireplace Y/N true
Laundry Features Dryer Included Washer Included
Total Baths 0
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ExteriorParking Features Assigned
Lot Features Front Yard Landscaped Yard
Water Source None
Lot Size Area 4493
Spa false
Building Area Total 2673
Lot Size Acres 0.1
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* Excluded FeaturesList BySimon MashianListing Agent
Christie's International Real Estate SocalBroker
Affordability Calculator
- Monthly Principal & Interest
- $17,017
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Venice, CA
Average List Price $3,009,055
Percent of Sale Price 12%
About Venice, CA 29,124 Population
-6% Since 2002
$ 89,009 Median Income
41.51 Median Age
14% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/25/2026 | $2,695,000 | | Listed Price |