205 5th AVE Active

Venice,CA 90291

$ 2495000

5 Beds

4 Baths

2743 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,743 sqft

Price per Sqft $909

MLS Listing ID 24395243

Bedrooms 5

Year Built 1929

Lot Size 4,142 Sqft

Property Description

Welcome to this timeless and dreamy Spanish duplex located in the vibrant Rose Corridor, nestled between Venice and Santa Monica. With the perfect blend of classic elegance, timeless style, and modern upgrades, this two-unit property w/ a vacant unit offers endless opportunities - live in the bottom unit with the upstairs as a rental for passive income, rent the entire property for your investment portfolio, or utilize the property as your future compound. The reimagined downstairs space features a spacious 2-bedroom, 2-bathroom residence adorned with hardwood floors, arched doorways, and a beautiful original fireplace, creating a warm and inviting atmosphere. A separate bonus space with a private entrance completes this unit, perfect for guest quarters or a home office! Move onto the upstairs unit boasting a completely remodeled 3-bedroom, 2-bathroom unit (currently occupied by tenant) with an open floor plan and a private balcony, offering a serene retreat with city and tree-top views. Additional amenities include a detached garage, gated parking, an amazing deck ideal for outdoor dining and relaxation, and a cozy courtyard designed for gatherings and entertainment. Expand later and add an ADU, making it a true gem in Venice. Live the SoCal dream minutes to the beach and in the heart of some of Los Angeles' best restaurants, coffee shops, and boutiques. Also, just a short stroll to Whole Foods, parks, and more. Seller is open to partial seller financing at 6% for 2 years.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD2

Rooms

Ensuite Laundry Common Area,Laundry Room,Outside

Interior

Laundry Location Common Area,Laundry Room,Outside

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile,Wood

Fireplaces Type Decorative,Living Room

Laundry Common Area,Laundry Room,Outside

Exterior

Garage Carport,Door-Single,Garage,Uncovered

Garage Spaces 1.0

Garage Description 1.0

Pool None

View Y/N Yes

View City Lights,Ocean

Building

Story 2

Sewer Other

New Construction No

Schools

School District Los Angeles Unified

Others

Acceptable Financing Cash,Conventional,Owner May Carry

Listing Terms Cash,Conventional,Owner May Carry

Special Listing Condition Standard

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