Located at 577 Venice Blvd, this duplex offers an unbeatable investment in the heart of Venice, CA. Featuring R3 zoning, the property allows for potential expansion into a triplex by converting the spacious garage. Priced below market value under $1.7 million, this deal includes the current owner’s request to remain on the premises as a rent-paying tenant, with the second unit delivered vacant, providing immediate rental income potential.Situated in a highly desirable area, this property is just minutes from Venice Beach, the iconic Venice Canals, and the vibrant Abbot Kinney Boulevard, known for its trendy boutiques, top-rated dining, and lively arts scene. Enjoy quick access to the boardwalk, eclectic shops, and the buzzing nightlife that makes Venice a world-renowned destination. With its excellent walkability, proximity to Silicon Beach, and easy access to major freeways, this property is not only a fantastic investment but also a gateway to the best of coastal living. Possible opportunity to convert the garage into an ADU or third unit. Current owner to remain in one unit as a rent paying tenant. Don’t miss this rare chance to own in one of Venice’s most sought-after neighborhoods, with endless possibilities for future growth and development!
Property Details
Price:
$1,695,000
MLS #:
24438303
Status:
Active
Baths:
0
Address:
577 Venice Boulevard
Type:
Residential Income
Neighborhood:
c11venice
City:
Venice
Listed Date:
Sep 11, 2024
State:
CA
ZIP:
90291
Lot Size:
4,400 sqft / 0.10 acres (approx)
Year Built:
1953
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- Address577 Venice Boulevard Venice CA
- AreaC11 – Venice
- CityVenice
- CountyLos Angeles
- Zip Code90291
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Courtesy of Keller Williams Beverly Hills. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
577 Venice Boulevard
Venice, CA
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