Rare investment opportunity in the heart of Venice: perfect for multi generational living! An unparalleled opportunity in the heart of Venice, this perfectly located and meticulously designed four-home property offers the perfect blend of togetherness and independence ideal for multi-generational living or a high-yield investment with a 5.7% cap rate. The home is fully occupied at noted rents via the outstanding corporate rental platform however can be delivered VACANT at the close of escrow to suit a buyers needs. This unique gated sanctuary consists of a completely rebuilt two story front house, a spacious duplex, and a brand-new construction ADU with a rooftop deck, all designed to feel connected yet separate, with lush landscaping for natural privacy and security for each. Front House (3BD/3BA): Rebuilt in 2024, this modern two-story home is flooded with natural light from skylights and features an open floor plan, large kitchen, private bar/wine room, luxurious primary suite, private fenced yard, and in-unit laundry. Middle Duplex (Two 3BD/2BA Units): Thoughtfully remodeled, both units offer spacious open layouts, private outdoor areas enclosed by greenery, and in-unit laundry. Ideal for extended family, guests, or high-income rentals. ADU (2BD/2BA + Rooftop): Designed by renowned architect Robert Thibodeau, this brand-new (2024) standalone residence features an expansive rooftop deck with an outdoor kitchen and breathtaking city views a true private retreat. Each home is intentionally separated with custom fencing, hedges, and private walkways, ensuring residents have their own gated entrance and dedicate outdoor space. Located just moments from Rose Ave & Abbot Kinney Blvd, this property places you in the heart of Venice’s best shopping, dining, and coastal lifestyle. A place where generations can come together, yet live independently. A rare chance to own a multi-home sanctuary in one of LA’s most coveted neighborhoods.
Property Details
Price:
$5,149,000
MLS #:
25498789
Status:
Active
Baths:
0
Address:
705 6th Avenue
Type:
Residential Income
Neighborhood:
c11venice
City:
Venice
Listed Date:
Feb 14, 2025
State:
CA
ZIP:
90291
Lot Size:
5,670 sqft / 0.13 acres (approx)
Year Built:
1924
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Schools
Interior
Appliances
Barbecue, Dishwasher, Disposal, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
Living Room
Flooring
Wood
Heating
Central
Interior Features
Ceiling Fan(s)
Exterior
Garage Spaces
2.00
Parking Features
Carport, Garage
Parking Spots
5.00
Pool Features
None
Spa Features
None
Stories Total
2
View
Mountain(s)
Financial
Map
Community
- Address705 6th Avenue Venice CA
- AreaC11 – Venice
- CityVenice
- CountyLos Angeles
- Zip Code90291
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705 6th Avenue
Venice, CA
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