521 Venice Way
Venice, CA, 90291 $ 2,695,000
Bedrooms4 Baths1.0 Sq 2,673 Monthly Estimate*
$ 17,017
Listed by Christie's International Real Estate SoCal
for $2,695,000 with 4 bedrooms and 1 full bath. This 2,673 square foot home was built in 1947 on a lot size of 0.1031.
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
Possession CloseOfEscrow
Appliances Dishwasher Disposal Microwave Refrigerator Dryer Washer
Zoning LARD1.5
Architectural Style Bungalow
Pool Features None
Security Features GatedCommunity
Year Built 1947
View None
Levels MultiSplit
Gross Income 168000
Community Features Gated
County Los Angeles
Net Operating Income 150000
New Construction false
Property Type ResidentialIncome
HOA false
Facing Direction South
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions West of Abbot Kinney North of Venice Blvd.
City Venice
Senior Community Y/N false
Number Of Units Total 3
MLS Area C11 - Venice
Lot Size Units SquareFeet
Lot Size Square Feet 4493
Spa Features None
Property Attached Y/N true
Property Condition UpdatedRemodeled
Rent Control Y/N true
Standard Status Active
Cap Rate 6.2
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InteriorFireplace Features LivingRoom
Total Stories 0
Common Walls OneCommonWall
Heating Y/N true
Fireplace Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 4
Total Baths 5
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ExteriorParking Features Assigned
Lot Features FrontYard Landscaped Yard
Total Parking 5
Lot Size Area 4493
Number of Buildings 3
Spa false
Building Area Total 2673
Lot Size Acres 0.1031
Private Pool false
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* Excluded FeaturesList ByChristie'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 NearbySingle family listings in Venice, CA
Average List Price $3,674,902
Percent of Sale Price 36%
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
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/26/2026 | $2,695,000 | | Listed Price |
521 Venice Way, Venice, CA, 90291 is a Single Family Home for sale at $2,695,000 with 2,673 sqft and a lot size of 0.1031. 521 Venice Way has 4 bedrooms, 1.0 baths, and was built in 1947. The property's zip code is 90291 which is in Venice, CA