205 5th Avenue
Venice, CA, 90291
$2,495,000
Beds
0 Baths
SqFt
0.1 Acres
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Open House Nov 10, 2024
01:00 – 04:00
Welcome to this timeless and dreamy Spanish duplex located in the vibrant Rose Corridor, nestled between Venice and Santa Monica. With the perfect blend of classic elegance, timeless style, and modern upgrades, this two-unit property w/ a vacant unit offers endless opportunities – live in the bottom unit with the upstairs as a rental for passive income, rent the entire property for your investment portfolio, or utilize the property as your future compound. The reimagined downstairs space features a spacious 2-bedroom, 2-bathroom residence adorned with hardwood floors, arched doorways, and a beautiful original fireplace, creating a warm and inviting atmosphere. A separate bonus space with a private entrance completes this unit, perfect for guest quarters or a home office! Move onto the upstairs unit boasting a completely remodeled 3-bedroom, 2-bathroom unit (currently occupied by tenant) with an open floor plan and a private balcony, offering a serene retreat with city and tree-top views. Additional amenities include a detached garage, gated parking, an amazing deck ideal for outdoor dining and relaxation, and a cozy courtyard designed for gatherings and entertainment. Expand later and add an ADU, making it a true gem in Venice. Live the SoCal dream minutes to the beach and in the heart of some of Los Angeles’ best restaurants, coffee shops, and boutiques. Also, just a short stroll to Whole Foods, parks, and more. Seller is open to partial seller financing at 6% for 2 years.

Property Details

Price:
$2,495,000
MLS #:
24395243
Status:
Active
Baths:
0
Address:
205 5th Avenue
Type:
Residential Income
Neighborhood:
c11venice
City:
Venice
Listed Date:
May 30, 2024
State:
CA
ZIP:
90291
Lot Size:
4,141 sqft / 0.10 acres (approx)
Year Built:
1929
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Interior

Appliances
Refrigerator, Oven
Cooling
Wall/ Window Unit(s)
Fireplace Features
Decorative, Living Room
Flooring
Wood, Tile
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)

Exterior

Garage Spaces
1.00
Parking Features
Garage – Single Door, Carport, Uncovered
Parking Spots
3.00
Pool Features
None
Security Features
Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer
Other
Spa Features
None
Stories Total
2
View
City Lights, Ocean

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Tenant Pays
Gas, Electricity, Trash Collection

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205 5th Avenue
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