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12 E 27th Ave, Venice, CA, 90291

7beds
4baths
2,900sqft
$2,950,000
$1,017price/sqft
$17,517/moest. monthly cost
$700,680/yrincome needed

About This Home

Rare Venice Beach 4-unit property with direct beach access and strong rental history. Each unit features 1-bedroom layouts, modern finishes, and separate meters, providing flexibility for future condo conversion or expansion. Exceptional upside potential with space to add up to 2 ADUs while keeping existing parking, or up to 4 ADUs utilizing more of the parking lot an extremely rare opportunity in Venice. Units are investor-ready but also perfect for an owner-user seeking extra income, with the ability to manage rentals directly. High-demand location, steps from the sand, shopping, dining, and transit, with parking options that are almost impossible to find in this area. Short-term rental potential for up to two units adds additional flexibility. Prime location!

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
96
BikeBiker's Paradise

Construction

Condition

  • Property condition: Repair Cosmetic,Updated/Remodeled
  • Year built: 1952

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Disposal,Microwave,Washer,Refrigerator,Range/Oven,Freezer,Gas Water Heater,Electric Water Heater,Tankless Water Heater,Water Heater Unit
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4

Features

  • Window features: Blinds,Drapes

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Air Conditioning,Wall/Window Unit(s),Wall Unit(s),Other

Interior Area

  • Total structure area: 2,900
  • Total interior livable area: 2,900 sqft

Property

Details

  • Parcel number: 4226020025
  • Zoning: LARD1.5
  • Special condition: Standard
  • Other equipment: Other,Cable

Features

  • Levels: One
  • Stories: 2
  • Exterior features: Rain Gutters
  • On waterfront: Yes
  • Waterfront features: Beach Access,Ocean Access

Lot

  • Lot size: 2,644 sqft
  • Features: Value In Land,Near Public Transit,Corner Lot

Parking

  • Total spaces: 10
  • Parking features: Assigned,Attached,Tandem,Side By Side,Guest,Parking Space
  • Has garage: Yes