See Home Value
$3,195,000*
House - Off Market

31 S Venice Blvd

Venice, CA 90291
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
-
2,768 ft²
$939/ft²
$2,600,000 Jul 3, 2023
-
-
House
4 Beds
4 Baths
1,968 ft²
$1,499/ft²
$2,950,000 Jan 23, 2024
-
-
Condo
3 Beds
3 Baths
2,307 ft²
$1,558/ft²
$3,595,000 Dec 7, 2023
-
$616/mo
House
4 Beds
1.5 Baths
2,478 ft²
$1,372/ft²
$3,400,000 Oct 4, 2023
-
-
House
4 Beds
3 Baths
2,522 ft²
$1,110/ft²
$2,800,000 Jan 3, 2023
-
-
House
4 Beds
3 Baths
2,901 ft²
$1,232/ft²
$3,575,000 Sep 14, 2023
-
-
House
3 Beds
2 Baths
1,134 ft²
$2,288/ft²
$2,595,000 Oct 5, 2023
-
-
House
4 Beds
1.5 Baths
2,878 ft²
$919/ft²
$2,645,000 Nov 15, 2023
-
-
Multifamily
4 Beds
4 Baths
3,099 ft²
$1,032/ft²
$3,198,000 Jun 26, 2023
-
-
House
4 Beds
4 Baths
3,099 ft²
$1,032/ft²
$3,198,000 Oct 27, 2023
-
-
Condo
4 Beds
4 Baths
3,150 ft²
$921/ft²
$2,900,000 Nov 4, 2023
-
-
Condo
4 Beds
3.5 Baths
3,218 ft²
$823/ft²
$2,650,000 Dec 13, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230615
06/15/2023
Loft
-
1968 ft²
$3,295,000
bedrooms
Loft
bathrooms
-
square feet
1968 ft²
-
-
-
Jeff Yarbrough
Keller Williams Beverly Hills
20220525
05/25/2022
Studio
-
-
$3,450,000
bedrooms
Studio
bathrooms
-
-
-
-
Donna Erckman
Lotus Estate Properties

Building Info

31 South Venice Boulevard 31 South Venice Boulevard, Venice, CA 90291
  • 1 Unit for Sale
More about this Building
31 South Venice Boulevard
Want to find out who owns 31 South Venice Boulevard, Venice, CA 90291? Get detailed property transactions here .

About West Los Angeles


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