$2,250,000
For Sale

205 5th Avenue

Venice, CA 90291
2743 sqft | 5 beds | 0.10 acres | #24465725
Listing OfficePardee Properties
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Open Houses

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Type:Multi-Family
Structure:House
Zone:Commercial

Description

Welcome to this timeless and dreamy Spanish duplex located in the vibrant Rose Corridor, nestled between Venice and Santa Monica (seller open to partial seller financing at 6% for 2 years!). With the perfect blend of classic elegance, timeless style, and modern upgrades, this two-unit property w/ a vacant unit offers endless opportunities - live in the bottom unit with the upstairs as a rental for passive income, rent the entire property for your investment portfolio, or utilize the property as your future compound. The reimagined downstairs space features a spacious 2-bedroom, 2-bathroom residence adorned with hardwood floors, arched doorways, and a beautiful original fireplace, creating a warm and inviting atmosphere. A separate bonus space with a private entrance completes this unit, perfect for guest quarters or a home office! Move onto the upstairs unit boasting a completely remodeled 3-bedroom, 2-bathroom unit (currently occupied by tenant) with an open floor plan and a private balcony, offering a serene retreat with city and tree-top views. Additional amenities include a detached garage, gated parking, an amazing deck ideal for outdoor dining and relaxation, and a cozy courtyard designed for gatherings and entertainment. Expand later and add an ADU, making it a true gem in Venice. Live the SoCal dream minutes to the beach and in the heart of some of Los Angeles' best restaurants, coffee shops, and boutiques. Also, just a short stroll to Whole Foods, parks, and more.

  • Property Details
      • School DistrictLos Angeles Unified
      • Property SubtypeResidentialIncome
      • ViewCityLights, Ocean
      • Property TypeMulti-Family
      • InteriorCeilingFans
      • CountyLos Angeles
      • Original List Price$2,250,000
      • MLS #24465725
      • MLS #24465725
      • Cost2250000
      • Acres0.0951
      • Sewer InformationOther
      • Square Feet2743
      • Year Built1929
      • Bedrooms5
      • Stories2
      • Parking Spaces1

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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