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Thomas Ly

tom289broker@gmail.com +1(626) 789-4261

$ 2,495,000

Est. payment -/mo

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Open Sun 1PM-4PM

205 5th AVE Venice, CA 90291

5 Beds

4 Baths

2,743 SqFt

OPEN HOUSE

Sun Nov 24, 1:00pm - 4:00pm

UPDATED:

11/21/2024 05:39 PM

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

HOA Y/N No

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

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Wood

Fireplaces Type Decorative, Living Room

Fireplace Yes

Appliance Oven, Refrigerator, Dryer, Washer

Laundry Common Area, Laundry Room, Outside

Exterior

Garage Carport, Door-Single, Garage, Uncovered

Garage Spaces 1.0

Carport Spaces 2

Garage Description 1.0

Pool None

View Y/N Yes

View City Lights, Ocean

Porch Deck, Front Porch, Open, Patio

Total Parking Spaces 3

Private Pool No

Building

Story 2

Entry Level Two

Sewer Other

Architectural Style Spanish

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 4240007024

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Financing Cash,Conventional

Special Listing Condition Standard

Listed by Paige Ogden • Pardee Properties

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(626) 789-4261

tom289broker@gmail.com

110 E Wilshire Ave, Suite G1, Fullerton, United States