31 S Venice Boulevard

Venice, CA 90291

$2,900,000

List Price

4

bed Beds

4

shower Baths

1,968 sqft

straighten / sqft

1938

calendar_month Built

Property Description

**Charming Triplex with Unmatched Investment Potential Near Venice Beach** Discover an exceptional investment opportunity with this historic triplex, perfectly positioned steps from the stunning shoreline of Venice Beach. Ideally situated near world-class shopping, iconic Abbot Kinney Boulevard, and top-tier dining, this property places you in the heart of the vibrant Venice Beach community. Whether you envision developing luxury condos, creating your dream owner-occupied residence, or capitalizing on its rental income potential, this triplex invites you to embrace the quintessential California beach lifestyle. Two of the three units will be delivered vacant by February and the other unit is month-to-month, giving you the freedom to customize or maximize rental potential immediately. Highlighting its appeal is the highly coveted LAR3 zoning and three distinct addresses (31, 33, & 33.5), offering unmatched flexibility for future development, owner-occupancy, or maintaining it as a steady income property. The property's layout includes two charming 1-bedroom, 1-bathroom units on the ground floor and a spacious 2-bedroom, 2-bathroom unit on the upper level, which features exclusive access to a breathtaking 360-degree view roof deck perfect for soaking in panoramic views of the Pacific Ocean and Venice Beach. Residents also enjoy a shared open-air patio tucked behind the building, ideal for outdoor relaxation. Convenience meets functionality with three dedicated one-car garages, accessible via an alley behind the property for seamless entry and parking. Additional amenities include: stainless steel appliances, newer water heaters, shared laundry facilities, secure code-key gates. Don't miss your chance to own this one-of-a-kind property and unlock its unlimited potential! (Also listed as separate TIC sales)

Listing Information

List Price $2,900,000
Status Active
MLS 25478459
Type Residential Income
Year Built 1938
Lot Size 2,641
Structure Size 1,968
DOM 2
Courtesy Of KW Advisors
Listing Agent Vanessa Van Overmeer DRE#02132301
Co-Listing Agent Zane Widdes DRE#01034516

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 4
Flooring Information
Material Wood
Additional Information
Additional Features Ceiling Fan(s)

Exterior Information

Maps

Listing information courtesy of: Vanessa Van Overmeer, Zane Widdes, KW Advisors 858-220-1120. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 9th, 2025 at 9:33 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.