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Under contract-accepting backup offers. Situated just 300 yards from the golden sands of Venice Beach, this fully turnkey duplex is an investor’s dream or a perfect solution for multi-generational living. Offering the ideal blend of comfort and income potential, this property features two separate units, each with its own charm and functionality. Recently upgraded with a brand-new roof in 2025, this residence ensures long-term durability and value.
Both units share a stairway entrance and laundry closet located at the top of the stairs. The first-floor unit is inviting and spacious, featuring a full kitchen equipped with a complete suite of new stainless steel appliances. The two bedrooms are enhanced with updated flooring, while a hall bath completes this unit. Upstairs, the second unit offers a spacious bedroom with an ensuite bath. An additional full bath in the main living area provides added convenience. The kitchenette includes a cooktop, full-size refrigerator, and ample counter space.
A standout feature of this property is the balcony, which stretches across the entire width of the building, providing views of stunning sunsets and the soothing ocean breeze. Accessible from both the living room and the bedroom, this outdoor space offers the ideal spot for relaxing and immersing yourself in the tranquil coastal atmosphere. After spending the day soaking up the sun at the beach, rinse off with the outdoor shower and head out to explore all that Historic Downtown Venice has to offer. Just a quick stroll away, you’ll find charming shops, unique dining options, and entertainment venues, making this location ideal for both beach lovers and those who appreciate a walkable, vibrant community. A marina is nearby for boat rentals and more, with multiple public golf courses just a short drive away.
Adding to its appeal, this property conveys with 50 feet of road frontage and features two easements on either side. The east-side easement offers flexible possibilities, whether you envision additional space for building, expanding outdoor living areas, or creating a serene coastal retreat.
With its prime location, thoughtful updates, and outstanding rental potential, this property presents an exceptional opportunity for investors, vacation home seekers, or anyone looking for a flexible living solution.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $690 | $690 | $690 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,743 | $3,942 | $5,023 |
Total Monthly Payment | $4,525 | $4,724 | $5,805 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.