312 1/2 Market Street, Venice, CA 90291

$1,895,000 Asking Price

4 beds
3 baths
1,960  sqft
Built in 1938

Huge Price Reduction! Exciting opportunity to own a charming Venice Beach duplex with one unit delivered vacant! The renovated vacant unit offers a spacious 2 bedrooms 2 bathrooms layout, while the other unit features 2 bedrooms with 1 bathroom. The downstairs unit has been fully renovated with permits featuring a custom kitchen with modern cabinets, designer tiles, sleek matte black fixtures, new flooring, new windows, new recessed lighting, two full bathrooms with floating vanities, new mini-split HVAC air conditioning and heating system, in-unit laundry, and stainless steel appliances. The vacant unit comes with a private outdoor yard in the front and back as an ideal place to unwind at the end of the day with friends and family. The property features a full two car garage and storage area which can be used as an office, home gym, media room, game room, den/hangout area, or creative haven! Perfect for the discerning buyer looking for a great investment, or someone wanting to live in one unit, and collect passive income from the other. Just moments from Abbot Kinney and one of California's most beautiful beaches, this duplex offers the best of everything in vibrant and historical Venice, CA. The possibilities are endless, and the seller has preliminary plans to add 2 detached ADUs in the back of the property for added value and upside potential! Spend your days at the beach, shopping and dining on Abbot Kinney, and enjoy living the dream in the endless California summer.


Features & Amenities

Interior

Flooring:
Wood
A/C:
true, Wall/Window Unit(s)
Heating:
true, Wall Furnace
Fireplace:
None

Exterior

General:
None
Style:
Traditional
Pool:
None
Parking:
Garage, Parking spaces: 2

Construction

General:
2

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LARD1.5, 4238008027
View:
View

Financial

Source:
CRMLS

This listing courtesy of:
Pardee Properties, Meredith Gruszka

About Venice, CA

Housing

Number of Units
15,562
Median Home Value
$1,177,766
Median Rent
$1,973

64.23% of housing units are renter occupied.

12.17% are vacant.

Commute

Car
38.50%
Public Transportation
1.39%
Walk to Work
3.69%
Work from Home
51.56%
Other
0.76%

The median travel time to work is 15 minutes.

People

Population
27,913
Median Age
39.20
Median Household Size
2.14

Education

High School
9.25%
Associate’s Degree
3.21%
Bachelor’s Degree
42.40%
Graduate Degree
26.83%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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