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205 5th Avenue

Venice, CA 90291
  • $2,495,000
  • STATUS: Active
  • ON SITE: 159 Days
  • ID#: 24395243
UPDATED: 21 min ago
$2,495,000
  • 5
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,743
    SQFT
  • $910
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:
Area:

School Ratings & Info

School District:
Listing Agent(s): Paige Ogden of Pardee Properties (310-907-6517) and Golnaz Rassekh of Keller Williams Beverly Hills(310-432-6400)


Description

Welcome to this timeless and dreamy Spanish duplex located in the vibrant Rose Corridor, nestled between Venice and Santa Monica. With the perfect blend of classic elegance, timeless style, and modern upgrades, this two-unit property w/ a vacant unit offers endless opportunities - live in the bottom unit with the upstairs as a rental for passive income, rent the entire property for your investment portfolio, or utilize the property as your future compound. The reimagined downstairs space features a spacious 2-bedroom, 2-bathroom residence adorned with hardwood floors, arched doorways, and a beautiful original fireplace, creating a warm and inviting atmosphere. A separate bonus space with a private entrance completes this unit, perfect for guest quarters or a home office! Move onto the upstairs unit boasting a completely remodeled 3-bedroom, 2-bathroom unit (currently occupied by tenant) with an open floor plan and a private balcony, offering a serene retreat with city and tree-top views. Additional amenities include a detached garage, gated parking, an amazing deck ideal for outdoor dining and relaxation, and a cozy courtyard designed for gatherings and entertainment. Expand later and add an ADU, making it a true gem in Venice. Live the SoCal dream minutes to the beach and in the heart of some of Los Angeles' best restaurants, coffee shops, and boutiques. Also, just a short stroll to Whole Foods, parks, and more. Seller is open to partial seller financing at 6% for 2 years.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T18:33:57.327. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/151133806
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205 5th Avenue Venice, CA 90291

  • Price: $2,495,000
  • Status: Active
  • On Site: 159 Days
  • Updated: 21 min ago
  • ID#: 24395243
5
Beds
0
Baths
0
½ Baths
0.1
Acres
2,743
SQFT
$910
$/SQFT
1929
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
School District:
Los Angeles Unified
Property Description
Welcome to this timeless and dreamy Spanish duplex located in the vibrant Rose Corridor, nestled between Venice and Santa Monica. With the perfect blend of classic elegance, timeless style, and modern upgrades, this two-unit property w/ a vacant unit offers endless opportunities - live in the bottom unit with the upstairs as a rental for passive income, rent the entire property for your investment portfolio, or utilize the property as your future compound. The reimagined downstairs space features a spacious 2-bedroom, 2-bathroom residence adorned with hardwood floors, arched doorways, and a beautiful original fireplace, creating a warm and inviting atmosphere. A separate bonus space with a private entrance completes this unit, perfect for guest quarters or a home office! Move onto the upstairs unit boasting a completely remodeled 3-bedroom, 2-bathroom unit (currently occupied by tenant) with an open floor plan and a private balcony, offering a serene retreat with city and tree-top views. Additional amenities include a detached garage, gated parking, an amazing deck ideal for outdoor dining and relaxation, and a cozy courtyard designed for gatherings and entertainment. Expand later and add an ADU, making it a true gem in Venice. Live the SoCal dream minutes to the beach and in the heart of some of Los Angeles' best restaurants, coffee shops, and boutiques. Also, just a short stroll to Whole Foods, parks, and more. Seller is open to partial seller financing at 6% for 2 years.
Exterior Features

Architectural Style Spanish Carport Spaces 2 Carport YN Yes Entry Location Ground Level w/steps Open Parking Spaces 2 Parking Features CarportDoor-SingleGarageUncovered Parking Total 3 Patio And Porch Features DeckFront PorchOpenPatio Pool Features None Pool Private YN No Spa Features None Spa YN No View City LightsOcean View YN Yes

Interior Features

Appliances OvenRefrigeratorDryerWasher Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features DecorativeLiving Room Fireplace YN Yes Flooring TileWood Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Additional Parcels YN No Association YN No Buyer Financing CashConventional Disclosures Coastal Commission Restrictions Garage YN Yes Gross Income 69000 Laundry Features Common AreaLaundry RoomOutside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalOwner May Carry Net Operating Income 32196 New Construction YN No Possession Close Of Escrow Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Zoning LARD2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T18:33:57.327. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Paige Ogden of Pardee Properties (310-907-6517) and Golnaz Rassekh of Keller Williams Beverly Hills(310-432-6400)