REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,149,000
Est. payment /mo
Active
705 6th Avenue Venice (los Angeles), CA 90291
11 Beds
4,289 SqFt
UPDATED:
03/08/2025 11:37 PM
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,289 sqft
Price per Sqft $1,200
MLS Listing ID CL25498789
Bedrooms 11
HOA Y/N No
Year Built 1924
Lot Size 5,670 Sqft
Acres 0.13
Property Sub-Type OTHER
Property Description
Rare investment opportunity in the heart of Venice: perfect for multi generational living! An unparalleled opportunity in the heart of Venice, this perfectly located and meticulously designed four-home property offers the perfect blend of togetherness and independence ideal for multi-generational living or a high-yield investment with a 5.7% cap rate. Currently operating as MTR at a 5.7% cap rate but can be delivered vacant for a traditional rental unit. At market rents on traditional 12 month lease the cap rate is 5.1%. The home is fully occupied at noted rents via the outstanding corporate rental platform however can be delivered VACANT at the close of escrow to suit a buyers needs. This unique gated sanctuary consists of a completely rebuilt two story front house, a spacious duplex, and a brand-new construction ADU with a rooftop deck, all designed to feel connected yet separate, with lush landscaping for natural privacy and security for each. Front House (3BD/3BA): Rebuilt in 2024, this modern two-story home is flooded with natural light from skylights and features an open floor plan, large kitchen, private bar/wine room, luxurious primary suite, private fenced yard, and in-unit laundry. Middle Duplex (Two 3BD/2BA Units): Thoughtfully remodeled, both units offer spacious open
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplace No
Laundry Dryer, Washer
Exterior
View Y/N true
View Mountain(s)
Total Parking Spaces 5
Building
New Construction No
Others
Tax ID 4239002026
Virtual Tour https://my.matterport.com/show/?m=d3UrFnXfapx
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Tyler Kunkle • Pardee Properties