$2,495,000

Estimated payment $16,916/month

Total Views 9,993
3 Beds
2 Baths
1,634 Sq Ft
$1,527 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • Central Heating and Cooling System
  • Venice High School Rated A
  • 1-Story Property
  • 5-minute walk to Windward Plaza

About This Home

With low down payment SBA financing available & extra income from a mural wall scape, could owning a live/work property in Venice Beach help your creative business grow this year? What if you could own this amazing space for 15% less than it appraised for in October 2020? This is the opportunity at hand as the Seller needs to offset other gains in her portfolio, so we can structure a massive win-win with the Seller's loss and your gain! Etched into the heart of quintessential L.A. coolness in vibrant Venice Beach, and just brimming with potential to bloom into yet untold creative expression. Offering immense flexibility with allowable commercial and residential uses, and strategically located at the entry of the Windward Circle near the Venice sign, this unique creative office or live/work opportunity on a versatile C2 street-to-alley lot is a perfectly blended segue between commercial and residential corridors. Just a hop-skip away from Abbott Kinney (literally crowned "the coolest block in America" in GQ's Style Bible), and just a stone's throw to Rose Corridor and Main Street, just blocks to the sand, and billed as both a Walker's and Biker's Paradise, positively everything is within reach. The property itself presents as a standalone single-story boutique building with soaring skylit ceilings and bathed in abundant natural lighting, evoking the embodiment of SoCal vibes throughout its modern open floor plan. With a compelling blend of aesthetics and functionality, the building spans 1,634 square feet across three spacious bedrooms, recently remodeled kitchen and two bathrooms. Adding to the versatility, a storage room with separate entry and huge crawlspace are already in place for those in need of ample storage or data rooms, and the convenient alley access parking allows for 4 cars or room for additional upside down the road. Adjacent to a swathe of luxury residential homes and immersed in one of the highest concentrations of tech and creative residents of Silicon Beach, this property has provided consistent short-term rental income from a variety of clientele seeking inspiration from the buzzing cultural mecca that is Venice. And with 60 feet of prominent street frontage on Windward and accessibility to numerous amenities and restaurants provides for excellent visibility and lucrative signage opportunities for additional income potential. Presently permitted as a residential home, residential or SBA commercial financing may be available depending on intended use, presenting a unique opportunity to add a trophy location for creative business owners, investors, and homeowners alike. Less than a mile from Marina del Rey, just two miles from Santa Monica, easy access to the rest of the Westside Los Angeles via nearby Highway 1, 10 and 405 freeways, and access the rest of the world via nearby LAX Airport, all roads lead to Venice.

Listing Agent

Vivian Chaing

Property Concierge License #01983759 Listed on: 04/23/2025

Co-Listing Agent

Mark Ehlers

Imperial Real Estate License #01955008

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,477

Year Built

  • Built in 1905

Lot Details

  • 3,309 Sq Ft Lot
  • Fenced
  • Property is zoned LAC2

Home Design

  • Contemporary Architecture
  • Flat Roof Shape

Interior Spaces

  • 1,634 Sq Ft Home
  • 1-Story Property
  • Range with Range Hood

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Auto Driveway Gate
  • Driveway

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4238-013-006

Community Details

Overview

Building Details

  • Rent Control

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,477

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1634
  • Lot Acreage: 0.0760
  • Year Built: 1905
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Vinyl, Tile
  • Appliances: Range, Range Hood
  • Bedrooms: 3
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 2.00
  • Equipment: Hood Fan, Refrigerator, Washer, Dryer
  • Price Per S Q F T: 1526.93

Exterior Features

  • Other Structures: None
  • Roof: Flat

Garage/Parking

  • Parking Garage: Driveway, Driveway Gate
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 14.04
  • Assessed Improvement Value: 458816
  • Assessed Land Percent: 85.96
  • Assessed Land Value: 2809080
  • Total Assessed Value: 3267896
  • Assessor Parcel Number: 4238-013-006
  • Lot Description: Fenced, Single Lot, Alley Paved
  • Lot Size Area: 3309

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Live Work
  • Vacancy Rate: 100

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $43,477 $3,399,917 $2,922,566 $477,351
2024 $43,477 $3,333,253 $2,865,261 $467,992
2023 $42,551 $3,267,896 $2,809,080 $458,816
2022 $40,696 $3,203,820 $2,754,000 $449,820
2021 $40,253 $3,141,000 $2,700,000 $441,000
2020 $25,757 $1,868,095 $1,855,606 $12,489
2019 $24,844 $1,831,467 $1,819,222 $12,245
2018 $24,601 $1,795,556 $1,783,551 $12,005
2016 $20,840 $1,725,835 $1,714,295 $11,540
2015 $20,534 $1,699,912 $1,688,545 $11,367
2014 $20,598 $1,666,614 $1,655,469 $11,145
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $2,495,000 -20.6% $1,527 / Sq Ft
12/17/2020 12/17/20 Sold $3,141,000 0.0% $1,922 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $3,141,000 -- $1,922 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,141,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Grant Deed $1,495,000 Southland Title Company
Interfamily Deed Transfer -- Southland Title Company
Individual Deed $784,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,550,000 New Conventional
Previous Owner $588,000 Purchase Money Mortgage
Source: Public Records

Source: The MLS

MLS Number: 25529331

The MLS

APN: 4238-013-006