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31 S Venice Boulevard, Venice, CA 90291 (MLS # 24350423)

Price $2,850,000
Status Active
Beds 4
Baths 4 Baths
Home size 1,968 sqft
Lot Size 2,640 sqft
Days on Market 103
This triplex, with a rich history as an investment property, presents an incredible opportunity for real estate buyers and investors. Two of the three units will be delivered VACANT! Situated just steps away from the breathtaking shoreline, this vintage gem offers unrivaled views of the Pacific Ocean and Venice Beach from its impressive roof deck. One of the standout features of this lot is its highly valuable LAR3 zoning and three separate addresses (31, 33, & 33.5 ), opening up a world of possibilities for potential buyers. Whether you envision developing luxurious condos, utilizing it as an owner/user property, or simply maintaining it as an income-producing investment, the choice is yours. Its well-designed layout consists of two charming 1BR/1BA units, both located on the ground floor, and a spacious 2BR/2BA unit with exclusive access to the 360-degree view roof deck (refer to floor plan pics for a closer look at the layouts of all three units). All residents can enjoy the shared open-air patio located behind the building. Each unit also comes with a dedicated one-car garage, and the three-bay garage conveniently opens to the alley behind the building, ensuring easy access and parking. The property boasts several noteworthy amenities, including stainless-steel appliances, newer water heaters, a shared laundry room, and secure code key gates. You'll also appreciate the proximity to the area's finest attractions, including world-class shopping and renowned restaurants along the iconic Abbot Kinney Boulevard. Immerse yourself in the vibrant Venice Beach community and embrace the California dream life.
Property Type(s): Residential Income
Last Updated 3/12/2024 Year Built 1938
Community Venice Garage Spaces 3.0
County Los Angeles

Price History

Prior to Mar 12, '24 $2,950,000
Mar 12, '24 - Today $2,850,000

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Refrigerator, Washer
AREA Venice
BUYER'S BROKERAGE COMPENSATION 2.500 %
GARAGE Door-Multi, Garage, Yes
HEAT Central
LOT 2641 sq ft
PARKING Door-Multi,Garage
POOL DESCRIPTION None
STORIES 2
STYLE Traditional
VIEW Yes
VIEW DESCRIPTION Ocean
ZONING LAR3

Location

 

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Listed with KW Advisors

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 5/4/24 10:16 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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