See Home Value
$3,497,898*
Multifamily - Off Market

720 Hampton Dr

Venice, CA 90291
bedrooms
2 Beds
bathrooms
0 Bath
$3,105,000 - $3,795,000
Reference Base Price*
1.39%
Since Jul 1, 2023
CA-Los Angeles
Primary Model

About This Property

ONE OF THE BEST OPPORTUNITIES IN VENICE - REDUCED $300,000! INCREDIBLE VALUE, JUST OFF ABBOT KINNEY! RARE 5,800+ sqft DOUBLE LOT COMPOUND W/ 2 SIDE BY SIDE HOMES & COMMERCIAL ZONING  + 6 PARKING SPACES!   This mixed-use corner lot property offers two side-by-side homes, each with its own outdoor space and ample parking shared between both properties -- perfect for someone looking for a live/work creative haven! Live in one, and rent the other for passive income, or transform the entire property into a cash-flowing investment!  This property is particularly well-suited for qualified SBA owner-users, who may assume the current owner's second trust deed at grandfathered-in low-interest rates (estimated around 2% below current rates, and based on qualification requirements). This compound in the heart of Venice is nestled just behind Abbot Kinney, and a short walk to Venice Beach. Endless options here, with two properties homes that have been reimagined and exude indoor/outdoor living at its finest. Currently being used as a creative office space, this sprawling property offers flexibility as a live/work retreat. //About this home: Located on two contiguous lots, with 6 parking spaces these detached properties are surrounded and enveloped in lush mature greenery and fruit trees that encompass SoCal vibes. Step into the first bungalow is infused with natural light. The kitchen has stainless steel appliances, ample storage, beautiful hardwood floors, and a spacious open floor plan. The second bright and airy bungalow has exposed beam ceilings and an open flexible floorplan. Both buildings are equipped with air conditioning. Currently laid out as the perfect office space, think tank, or a blank canvas to bring your vision and designer's eye. //You'll Love: Cohesively integrated properties like this are rarely available West of Lincoln. On a corner lot with a secure perimeter fence surrounding the entire property, you are down the street from Google and other tech companies, restaurants, shops, gyms, and neighboring creative studios. Live, work, and play with tons of space that flows throughout and curated moments. //The Neighborhood: With Abbot Kinney truly at your doorstep, and seconds to the Rose Corridor, you are in the hub of some of the best restaurants, coffee shops, boutiques, and more in Los Angeles. Ride your bike to the beach, the Venice Canals, or stroll to Main Street. There is nothing else like this on the market - don't miss out!
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Jun 30, 2023 No longer available -
No longer available
May 26, 2023 Price Decreased $3,450,000
↓ $300K (8%)
Price Decreased
Feb 17, 2023 Listed $3,750,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
7 Beds
5 Baths
3,408 ft²
$851/ft²
$2,899,000 Jun 2, 2023
-
-
House
3 Beds
3 Baths
3,210 ft²
$935/ft²
$3,000,000 Feb 15, 2024
-
-
Other
Loft
-
1,710 ft²
$2,044/ft²
$3,495,000 Jan 26, 2024
-
-
House
4 Beds
3 Baths
2,373 ft²
$1,473/ft²
$3,495,000 Jan 18, 2024
-
-
House
4 Beds
4 Baths
3,555 ft²
$955/ft²
$3,395,000 Jan 24, 2024
-
-
House
4 Beds
1.5 Baths
2,478 ft²
$1,372/ft²
$3,400,000 Oct 4, 2023
-
-
House
6 Beds
4 Baths
3,993 ft²
$839/ft²
$3,350,000 Nov 3, 2023
-
-
House
4 Beds
4 Baths
1,968 ft²
$1,499/ft²
$2,950,000 Jan 23, 2024
-
-
Other
Loft
-
2,160 ft²
$1,435/ft²
$3,100,000 Oct 15, 2023
-
-
House
7 Beds
4 Baths
2,938 ft²
$1,021/ft²
$2,999,900 Jul 2, 2022
-
$263/mo
House
4 Beds
3 Baths
2,522 ft²
$1,110/ft²
$2,800,000 Jan 3, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230217
02/17/2023
2 Bed
-
-
$3,750,000
bedrooms
2 Bed
bathrooms
-
-
-
-
Tamra (Tami) Pardee
Pardee Properties

Building Info

720 Hampton Drive 720 Hampton Drive, Venice, CA 90291
  • 1 Unit for Sale
More about this Building
720 Hampton Drive
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About West Los Angeles


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