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404 Venice Way, Venice, CA, 90291

2beds
2baths
1,473sqft
$1,950,000
$1,324price/sqft
$11,566/moest. monthly cost
$462,640/yrincome needed

About This Home

Rare Venice Beach Duplex Redevelopment Opportunity Just four blocks from the sand, this Venice Beach duplex presents an exceptional opportunity to own in one of Los Angeles' most desirable coastal neighborhoods. Set on a corner lot, the property offers immediate versatility as an income-producing asset, owner-user compound, or long-term land play in a high-demand beach market known for walkability, lifestyle appeal, and limited multifamily inventory. The existing duplex provides valuable optionality while buyers explore the site's future potential. With its premier coastal location, the property may be well positioned for redevelopment into a modern beachside multi-unit aprtment building, boutique rental residences, or another thoughtfully designed residential concept, subject to buyer investigation and applicable city, zoning, coastal, and permitting requirements. Situated two blocks from Venice Beach's main entrance at Winward Circle; this property is also within blocks of the tranquil walking paths along the Venice Canals, the Bohemian Arts district that is Abbot Kinney, the intimate cafes, restaurants and shops of Main St, and the miles of bike paths that run along the Beach. Bolstered by the creative energy that defines the Venice Beach community, this offering combines location, scale, and upside in a way rarely available. Investors, developers, and owner-users will appreciate the chance to secure a beach-close asset with both present-day utility and compelling future development potential. Highlights: a corner lot with alley access; approximately four blocks from Venice Beach; strong coastal rental and lifestyle appeal; potential redevelopment opportunity for a multi-unit residential building; close to dining, shopping, recreation, and major Westside destinations. Buyer to verify all zoning, density, rent control, coastal, permitting, and development possibilities. One Unit will be Delivered Vacant at close of Escrow.

Getting Around

95
WalkingWalker's Paradise
0
TransitVery Limited Transit
99
BikeBiker's Paradise

Construction

Condition

  • Property condition: Value Mainly In Land,No Additions/Alter
  • Year built: 1947

Type & Style

  • Home type: MultiFamily
  • Architectural style: Cottage
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Free Standing Gas
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Gravity,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,473
  • Total interior livable area: 1,473 sqft

Property

Details

  • Parcel number: 4238020019
  • Zoning: LARD1.5
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 4,795 sqft
  • Features: Near Public Transit,Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2