Recently Listed Open House 9/13 2pm - 5pm
614 5th Avenue
Venice, CA, 90291 $ 5,225,000
Bedrooms7 Baths5.0 Sq 5,539 Monthly Estimate*
$ 32,991
Listed by Pardee Properties
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.
Striking modern duplex built in 2020, offers a rare combination of thoughtful design, lifestyle flexibility, and compelling long-term upside. Spanning approximately 5,539 square feet, the property is configured as two expansive full-floor residences, creating an ideal setting for multigenerational living, owner-user flexibility, or meaningful rental income. Live in one residence while maintaining independence for extended family, or lease the second unit to help offset ownership costs all without compromising privacy or quality of life. The upper residence features 4 bedrooms and 5 baths and is currently rented for $11,787 per month. The lower residence offers 3 bedrooms and 4 baths and is available for immediate owner occupancy or a new tenant. Together, the property encompasses 7 bedrooms, 7 full bathrooms, and 2 powder rooms, with thoughtfully designed en suite accommodations that give each resident a sense of privacy and comfort. The layout adapts effortlessly to changing needs, offering the freedom to live together, separately, or somewhere in between. Each residence is designed to function beautifully on its own, with open-concept living spaces, oversized kitchen islands, and premium Viking and Wolf appliances that make both everyday living and entertaining feel effortless. Expansive windows, high ceilings, and oversized sliding doors fill the interiors with natural light, while private balconies and outdoor spaces extend the living experience beyond the walls of each home. Above it all, the rooftop deck serves as a remarkable shared retreat, showcasing panoramic city and mountain views, distinct areas for each residence, and a fire pit that creates a natural gathering place. It perfectly captures the essence of the property: connection when desired, independence when needed. Five garage parking spaces further distinguish the property, while its exceptional Westside location places residents just steps from Abbot Kinney Boulevard, neighborhood shops, and the vibrant Rose Avenue corridor, with the beach also close by. Enjoy easy access to acclaimed dining, boutique shopping, cafes, wellness destinations, Silicon Beach, and the best of Venice's laid-back coastal lifestyle all within a highly walkable and coveted setting. Whether envisioned as a sophisticated multigenerational compound, an owner-user opportunity with income potential, or a strategic investment, this newer-construction duplex offers exceptional versatility today and exciting possibilities for the future. With the condominium conversion process already being pursued with the City of Los Angeles, a new owner has the opportunity to step into a property designed not only to live beautifully, but to evolve, perform, and potentially unlock substantial additional value over time.
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Open House
9/13/2026 2:00 PM - 5:00 PM
614 5th Avenue Venice, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
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 Byelle@pardeeproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $32,991
- Monthly Property Taxes
- --
- Monthly Home Insurance
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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 $3,000,792
Percent of Sale Price 43%
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