521 Venice Way, Venice, CA 90291
521 Venice Way, Venice, CA 90291
521 Venice Way, Venice, CA 90291
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$2,695,000
Est. payment /mo
4 Beds
5 Baths
2,673 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,673 sqft

Price per Sqft $1,008

MLS Listing ID 26841919

Style Bungalow

Bedrooms 4

Construction Status Updated/Remodeled

Year Built 1947

Lot Size 4,493 Sqft

Acres 0.1031

Property Sub-Type Multi-Family

Property Description

Welcome to The Bungalow Triplex, a rare Venice offering that perfectly blends charm, lifestyle, and income potential. Whether you're an owner-user seeking supplemental rental income, an investor looking to maximize returns, or exploring short-term rental opportunities, this unique property presents exceptional versatility in one of Los Angeles' most coveted coastal neighborhoods. Ideally located just moments from the Venice Canals, Venice Beach, and the renowned shops, restaurants, and boutiques of Abbot Kinney Boulevard, this is quintessential Venice living at its finest. The spacious rear residence is a 2-bedroom, 2.5-bath townhome-style unit spanning approximately 1,200 square feet. Designed to live like a single-family home, it features dual en-suite bedrooms, vaulted ceilings, a private balcony, and an open, airy floor plan that offers both comfort and privacy. At the front of the property are two charming 1-bedroom, 1-bath detached bungalows, each filled with natural light and character. The true appeal of this property is that every residence lives as its own private bungalow, a highly desirable feature that consistently attracts quality tenants in the Venice market. All three units have been thoughtfully updated with upgraded appliances, private in-unit washers and dryers, and benefit from recently replaced gas lines and a newer roof. The property also offers five parking spaces, beautifully landscaped communal outdoor areas, and an outdoor shower perfect for rinsing off after a day at the beach. With strong rental appeal, exceptional flexibility, and an unbeatable Venice location, The Bungalow Triplex presents a rare opportunity for both investors and owner-users to enjoy the best of coastal California living while generating meaningful income.

Location

State CA

County Los Angeles

Area Venice

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Window Unit(s)

Fireplaces Type Living Room

Equipment Built-Ins, Dishwasher, Dryer, Microwave, Refrigerator, Range/Oven, Garbage Disposal, Washer

Laundry In Unit

Exterior

Parking Features Assigned

Garage Spaces 5.0

Pool None

Waterfront Description None

View Y/N No

View None

Building

Lot Description Landscaped, Fenced, Fenced Yard, Front Yard, Alley Paved, Yard

Architectural Style Bungalow

Level or Stories Multi/Split

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Christie's International Real Estate SoCal

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John Matukas

John Matukas

+1(323) 377-4961

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Dedicated to Your outcome

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