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815 Ocean Front Walk, Venice, CA, 90291

8beds
8baths
4,500sqft
$3,995,000
$888price/sqft
$26,305/moest. monthly cost
$1,052,200/yrincome needed

About This Home

RTI opportunity for the complete renovation of two two-story, four-unit buildings (eight total units) with both coastal and city approvals in place. This offering provides a rare chance to reposition a legacy multifamily asset with clear entitlement visibility in one of Los Angeles' most supply-constrained coastal markets. A full construction quote is in hand, offering transparency on scope, timing, and overall cost, and allowing a buyer to move forward with confidence. The approved plans include private outdoor patios for all four ground-floor residences, enhancing indoor-outdoor coastal living and tenant appeal. Situated directly on Venice Beach's world-famous boardwalk, the property enjoys unobstructed ocean views and irreplaceable oceanfront frontage. The location is further enhanced by close proximity (just two blocks) to Abbot Kinney Boulevard, Main Street, and Rose Avenue, placing premier dining, retail, and lifestyle amenities within easy reach. Architectural plans and finish packages are complete and ready for immediate execution, enabling construction to commence without delay. This is an exceptional value-add investment opportunity combining RTI entitlements, premier oceanfront exposure, and enduring rental demand in one of Southern California's strongest coastal submarkets.

Getting Around

94
WalkingWalker's Paradise
0
TransitVery Limited Transit
100
BikeBiker's Paradise

Construction

Condition

  • Year built: 1908

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Freezer,Ice Maker,Washer,Refrigerator,Range/Oven

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8

Heating & Cooling

  • Heating features: Other,Zoned,Forced Air
  • Cooling features: Zoned,Other

Interior Area

  • Total structure area: 4,500
  • Total interior livable area: 4,500 sqft

Property

Details

  • Parcel number: 4286027008
  • Zoning: LAC1
  • Special condition: Standard
  • Other equipment: Cable,Other

Features

  • Levels: Multi/Split,Two
  • Stories: 2

Lot

  • Lot size: 4,482 sqft

Parking

  • Parking features: None