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Map
$3,195,000*
●
House -
Off Market
31 S Venice Blvd
Venice, CA 90291
Studio
0 Bath
1968 Sqft
$2,876,000 - $3,514,000
Reference Base Price*
0.00%
Since Dec 1, 2023
CA-Los Angeles
Primary Model
About This Property
This triplex, with a rich history as an investment property,
presents an incredible opportunity for real estate buyers and
investors. Situated just steps away from the breathtaking
shoreline, this vintage gem offers unrivaled views of the Pacific
Ocean and Venice Beach from its impressive roof deck. Additionally,
you can catch glimpses of the glistening waters right outside the
front door, adding to the allure of this remarkable property.One of
the standout features of this lot is its highly valuable LAR3
zoning and three separate addresses (31, 33, & 33 ), opening up a
world of possibilities for potential buyers. Whether you envision
developing luxurious condos, utilizing it as an owner/user
property, or simply maintaining it as an income-producing
investment, the choice is yours. Currently, all units are rented,
ensuring a steady stream of income right from the start.Nestled in
the most coveted part of Venice Beach, specifically west of Pacific
and just six lots east of Speedway, this triplex sits securely in
an ideal location. Its well-designed layout consists of two
charming 1BR/1BA units, both conveniently located on the ground
floor, and a spacious 2BR/2BA unit with exclusive access to the
awe-inspiring 360-degree view roof deck. The primary bedroom in the
2BR unit is en suite, offering both comfort and privacy (refer to
floor plan pics for a closer look at the layouts of all three
units).In addition to the individual unit features, all residents
can enjoy the shared open-air patio located behind the building.
Embrace the refreshing ocean breezes, savor delicious barbecues,
and bask in the glorious sunshine. Each unit also comes with a
dedicated one-car garage, and the three-bay garage conveniently
opens to the alley behind the building, ensuring easy access and
parking. Three dedicated parking spaces: What a rare concept in
this part of Venice!The property boasts several noteworthy
amenities, including stainless-steel appliances, newer water
heaters, a shared laundry room equipped with side-by-side full-size
machines, and secure code key gates.You'll also appreciate the
proximity to the area's finest attractions, including world-class
shopping and renowned restaurants along the iconic Abbot Kinney
Boulevard. Immerse yourself in the vibrant Venice Beach community
and embrace the California dream life.Don't miss this extraordinary
opportunity to own a piece of Venice Beach's history and unlock the
potential of this exceptional vintage triplex.
The manager has listed the unit size as 1968 square feet.
The manager has listed the unit size as 1968 square feet.
Unit Size
1,968Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$1,623
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 18, 2023 | No longer available | - | |
No longer available | |||
Nov 17, 2023 | Relisted | $3,195,000 | |
Relisted | |||
Oct 2, 2023 | No longer available | - | |
No longer available | |||
Aug 10, 2023 | Price Decreased |
$3,195,000
↓ $100K
(3%)
|
|
Price Decreased | |||
Jun 15, 2023 | Listed | $3,295,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
4
Beds
4
Baths
1,968 ft²
$1,499/ft²
$2,950,000
Jan 23, 2024
-
-
Active
Condo
3
Beds
3
Baths
2,307 ft²
$1,558/ft²
$3,595,000
Dec 7, 2023
-
$616/mo
Active
Multifamily
4
Beds
4
Baths
3,099 ft²
$1,032/ft²
$3,198,000
Jun 26, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/15/2023
|
|
Loft
|
-
|
1968 ft²
|
$3,295,000
Loft
-
1968 ft²
|
-
-
|
-
|
Jeff Yarbrough
Keller Williams Beverly Hills
|
05/25/2022
|
|
Studio
|
-
|
-
|
$3,450,000
Studio
-
|
-
-
|
-
|
Donna Erckman
Lotus Estate Properties
|
Building Info
31 South Venice Boulevard
31 South Venice Boulevard, Venice, CA 90291
- 1 Unit for Sale