Residential Income In Venice

This is what you have been looking and waiting for. Here you will find an updated and private Mid-Century Beach Bungalow duplex on a street-to-street lot, delivered completely vacant. Sit back and relax in the Adirondack chairs and feel the ocean breeze as you plan your next outing. Catch the surf or sand of Venice Beach, or dine and shop on Abbot Kinney. Whatever your vibe, this property has it. Each unit features 1 bedroom and 1 bath, and both are bathed in natural light. This property is perfect to completely owner-occupy while you decide on future development plans, or live in one unit and collect income from the other unit, or rent out both units. Perhaps envision converting the duplex into a single-family home (buyer to investigate). Sound interesting? Another idea to meditate on is adding a second story to the home/duplex, which other nearby properties have done to create even more space. The possibilities are endless with this superior offering in the heart of Venice Beach. Wake up each morning and stroll over to Gjusta for coffee or breakfast. Summer weekends are packed with the Venice Art Crawl and, at the end of summer, the Abbot Kinney Festival. The front unit is behind a fence with low-maintenance Trex-type decking and a large storage unit. Inside, you will find that this unit has just completed a total renovation featuring new vinyl plank flooring, kitchen cabinets, quartz countertops, and a black sink. The updated bathroom includes a new vanity and a large tiled walk-in shower. The charming rear unit includes wood floors, tiled kitchen counters, a refrigerator, range, and dishwasher. In the bedroom, you will find high beamed ceilings and French doors that lead to a private patio. Parking for two cars is located at the back of the building. The final flourish is an exciting new chapter is taking shape with the highly anticipated Metro on Main development. Representing a $315 million investment, this thoughtfully designed mixed-use community will transform the former Pacific Electric railway’s Ocean Park Car House site into a vibrant destination for living, shopping, and gathering. The development will feature approximately 30,000 square feet of ground-floor retail and commercial space along Main Street, complemented by 341 rental residences. A diverse collection of lofts, townhomes, and apartments will create a dynamic residential community, while dedicated community spaces and parking add to the convenience and appeal of this thoughtfully planned destination. Explore your inner bohemian, creative, artist, or surfer here. This property has all that you could wantlet your beach home dreams come true!