521 Venice Way Venice, CA 90291

Other Residential MLS #: 24-376551 Courtesy Of Pardee Properties

$2,950,000

4 beds | 2,673 sq ft
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Estimated monthly payments: $12,896/mo.* (recalculate)

Property InformationDescription

Welcome to this completely VACANT triplex in the vibrant neighborhood of Venice, California. This property offers the perfect opportunity for an owner/user to generate income or an investor looking to rent all three units, at an estimated 4% cap rate. Located in close proximity to the Venice Canals, the beach, and all that Abbot Kinney Blvd has to offer - this is quintessential Venice living! The recently renovated 2 bed, 2.5 bath back unit lives like a single family townhome featuring dual en suites that provide ample space and privacy for residents and guests. With vaulted bedroom ceilings and a private balcony, this 1200 sqft unit has an airy, open atmosphere. The two front units are 1 bed/1 bath bungalows each filled with sunlight and charm. All of the three units have upgraded appliances, their own washer/dryer, and recently replaced gas lines and roof. The property has 5 car parking, and beautifully landscaped shared outdoor space with an outdoor shower. Whether you're an owner/user, or investor, this triplex presents endless opportunities!

Features

  • Age: Over 50 Years Old
  • Architecture Style: Bungalow
  • Cooling System: Window Unit(s) A/C
  • Heating System: Central Furnace
  • Lot Size: 0.1 Acres
  • Roof Type: Unknown
  • Rooms: Bedroom

MAP & DIRECTIONS

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521 Venice Way, Venice, CA 90291
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School Information

521 Venice Way, Venice, CA 90291

Elementary School
Grades KG-5 | Public School
WESTMINSTER AVENUE ELEMENTARY
Venice, CA 90291
1010 Abbot Kinney Blvd
310.­392.3041
Distance: 0.4 mi
School Rating
C
Student:Teacher Ratio
19:1
Total Students
403
Middle School
Grades 6-8 | Public School
MARK TWAIN MIDDLE SCHOOL
Los Angeles, CA 90066
2224 Walgrove Ave
310.­305.3100
Distance: 1.4 mi
School Rating
C
Student:Teacher Ratio
22:1
Total Students
874
High School
Grades 9-12 | Public School
VENICE HIGH SCHOOL
Los Angeles, CA 90066
13000 Venice Blvd
310.­577.4200
Distance: 1.4 mi
School Rating
A-
Student:Teacher Ratio
21:1
Total Students
2047
Other Nearby Schools Distance Type Grades School Rating
Ecole Claire Fontaine 0.4 mi Private KG
Westside Global Awareness Magnet 0.6 mi Public KG-8 C+
Animo Venice Charter High School 0.6 mi Public 9-12 B
Broadway Elementary School 0.8 mi Public KG-5 A
Coeur D'alene Avenue School 0.8 mi Public KG-5 B
Acton Academy Venice Beach 0.9 mi Private 1-12
St Mark Elementary School 0.9 mi Private PK-8
Olympic High (continuation) 1.4 mi Public 9-12 C
John Muir Elementary School 1.5 mi Public PK-5
Santa Monica Alternative (k-8) 1.5 mi Public KG-8 A
Walgrove Avenue Elementary 1.5 mi Public KG-5 D+
Phoenix Continuation 1.6 mi Public 9-12 D
Beethoven Street Elementary School 1.7 mi Public KG-5 C+
Will Rogers Learning Community 1.7 mi Public KG-5 B-
John Adams Middle School 1.8 mi Public 6-8 B+
Short Avenue Elementary 2.0 mi Public KG-6 B+
Santa Monica High School 2.0 mi Public 9-12 A
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Venice, CA 90291

Median Age: 39.2
Married: 30%
Number of Households: 13,668
Households with Children: 15.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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