312 1/2 Market Street, Venice, CA 90291

$1,850,000 Asking Price

4 beds
3 baths
1,960  sqft
Built in 1938

Exciting Opportunity in Venice Beach Charming Renovated Home with Endless Potential! Discover this beautifully renovated and vacant (2bed/2bath) Venice home ready for immediate occupancy! Plus you get a 2nd (2bed/1bath) unit that generates income. This is the perfect opportunity for owner-users to live in one unit while renting the other or to vacate 2nd unit and occupy both units. The vacant unit boasts a spacious 2-bedroom, 2-bathroom layout with a private front and back yard and includes a vacant garage with storage space that is ideal as a home office, gym, media room or creative office. The fully renovated downstairs unit, (with permits), features a custom kitchen adorned with modern cabinets, designer tiles, and sleek matte black fixtures. Enjoy new flooring, windows, and recessed lighting throughout, as well as two stylish full bathrooms with floating vanities. The unit also includes a new mini-split HVAC system for air conditioning and heating, in-unit laundry, and stainless steel appliances. Step outside to your private front and back yard perfect for relaxing or entertaining guests. This is an exceptional opportunity for discerning buyers, whether you are seeking a smart investment or a home where you can live in one unit while generating income from the other. Located just moments from Abbott Kinney and the iconic Venice Beach, this property offers the best of California living in a vibrant, historic neighborhood. Additionally, there are preliminary plans to add two detached ADUs in the back, the potential for increased value and future growth is significant. Embrace the Venice lifestyle, spend your days on the beach, shopping, and dining on Abbot Kinney, and savor the endless California summer in this dream property.

Features & Amenities

Interior

General:
Ceiling Fan(s)
Appliances:
Disposal,Refrigerator
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

Utilities

Sewer:
Other

Financial

Source:
CRMLS

This listing courtesy of:
ENGEL & VÖLKERS Santa Monica, Sandra Miller

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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