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Map
$3,497,898*
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Multifamily -
Off Market
720 Hampton Dr
Venice, CA 90291
2 Beds
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
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
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/17/2023
|
|
2 Bed
|
-
|
-
|
$3,750,000
2 Bed
-
|
-
-
|
-
|
Tamra (Tami) Pardee
Pardee Properties
|