614 5th Avenue
Venice, CA, 90291 $ 5,225,000
Bedrooms7 Baths5.0 Sq 5,539 Monthly Estimate*
$ 36,088
Listed by Elvira Davidson, Pardee Properties, elle@pardeeproperties.com
for $5,225,000 with 7 bedrooms and 5 full baths. This 5,539 square foot home was built in 2019 on a lot size of 0.1302.
Built in 2020, this approximately 5,539-square-foot Venice duplex pairs two expansive, full-floor residences with five garage parking spaces. The upper residence offers 4 bedrooms and 5 bathrooms and is currently rented for $11,787 per month; the lower has 3 bedrooms and 4 bathrooms and is available for owner occupancy or a new tenant. Together, the property includes 7 bedrooms, 7 full bathrooms, and 2 powder rooms, with en suite accommodations in both homes. Each residence features open-concept living areas, an oversized kitchen island, and premium Viking and Wolf appliances. High ceilings, expansive windows, and oversized sliding doors bring natural light into the interiors, while private balconies and outdoor spaces extend the living areas outside. A shared rooftop deck offers panoramic city and mountain views, separate areas for each residence, and a fire pit. The property's spacious layout and quality construction are complemented by wood detailing on the closet doors. Located steps from Abbot Kinney Boulevard, neighborhood shops, and the Rose Avenue corridor, the duplex is also close to the beach, dining, boutiques, cafes, and wellness destinations, with access to Silicon Beach. The two-unit configuration offers options for owner use and rental income; the upper unit's current rent is stated above. A condominium conversion process is being pursued with the City of Los Angeles, though its outcome and any resulting value are not assured. Schedule a private showing to explore the property.
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FeaturesGeneralLiving Area 5539
Heating Central Forced Air
Possession Close Of Escrow
Appliances Dishwasher Disposal Gas Range Microwave Refrigerator Dryer Washer
Zoning LARD1.5
Year Built 2019
Stories Count 2
Levels Two
Gross Income 276000
County Los Angeles
Net Operating Income 106083
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 Cash
Directions On 5th Ave between Sunset and Vernon Ave
City Venice
Disclosures Coastal Commission Restrictions Coastal Zone
Senior Community Y/N false
Number Of Units Total 2
MLS Area C11 - Venice
Lot Size Units Square Feet
Lot Size Square Feet 5672
Standard Status Active
Occupancy Type Tenant
Cap Rate 3.96
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InteriorInterior Amenities Walk-In Closet(s)
Flooring Tile
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 7
Total Baths 9
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ExteriorParking Features Direct Access Garage
Total Parking 5
Lot Size Area 5672
Number of Buildings 1
Building Area Total 5539
Lot Dimensions 42x135
Lot Size Acres 0.1302
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* Excluded FeaturesList ByElvira DavidsonListing Agent
elle@pardeeproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $36,088
- Monthly Property Taxes
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- Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% 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 $2,889,735
Percent of Sale Price 45%
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 |
|---|
| 9/9/2026 | $5,225,000 | | Listed Price |
614 5th Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $5,225,000 with 5,539 sqft and a lot size of 0.1302. 614 5th Avenue has 7 bedrooms, 5.0 baths, and was built in 2019. The property's zip code is 90291 which is in Venice, CA