521 Venice WY
Venice, CA, 90291
$2,695,000
4 Beds
5 Baths
2,673 SqFt
0.1 Acres
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MLS #26841919 image #0
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.

Property Details

Price:
$2,695,000
MLS #:
26841919
Status:
Active
Beds:
4
Baths:
5
Type:
Single Family
Neighborhood:
c11venice
Listed Date:
Jun 25, 2026
Finished Sq Ft:
2,673
Total Sq Ft:
2,673
Lot Size:
4,493 sqft / 0.10 acres (approx)
Year Built:
1947
BungalowCommunity GatedC11 – VeniceC11veniceNone

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Schools

Interior

Appliances
DW, GD, MW, RF
Heating
CF
Laundry Features
DINC, WINC
Levels
S

Exterior

Architectural Style
BNG
Common Walls
_1CW
Direction Faces
S
Parking Spots
5
Parking Total
5
Security Features
GC
Spa Features
NO
View
NO

Financial

Gross Operating Income
$168,000
Net Operating Income
$150,000

Map

Community

Subdivisions in Venice

Market Summary

Current real estate data for Single Family in Venice as of Jul 01, 2026
293
Single Family Listed
81
Avg DOM
749
Avg $ / SqFt
$1,925,485
Avg List Price

Property Summary

    521 Venice WY Venice CA is a Single Family for sale in Venice, CA, 90291. It is listed for $2,695,000 and features 4 beds, 5 baths, and has approximately 2,673 square feet of living space, and was originally constructed in 1947. The current price per square foot is $1,008. The average price per square foot for Single Family listings in Venice is $749. The average listing price for Single Family in Venice is $1,925,485.

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