This exceptional Los Angeles, CA multifamily investment opportunity presents a charming three-unit triplex situated on a 3,602 square foot lot (APN 4227-007-019) at 2329 Ocean Ave, 90291. The property, zoned LARD1.5, boasts a total of 1,056 square feet and features two one-bedroom, one-bathroom units and a studio, currently operating at 66% occupancy. Each unit is thoughtfully designed with a designer kitchen equipped with Waterworks ceramic subway tile, statuary marble countertops, and high-end Viking and Bertazzoni appliances. French hardwood floors, high-pitched beam ceilings, and built-in cabinetry add to the unique character of each space. French doors open onto spacious decks complete with sensor-activated lighting, built-in benches, gas fire pits, and BBQ grills, ideal for outdoor entertaining. Private laundry is included in each unit. The property is further enhanced by a fully enclosed yard featuring low-maintenance landscaping, including English roses and succulents. This prime Venice Beach location places the property within walking distance of the Venice Canals, the beach, Abbott Kinney Boulevard's vibrant dining and shopping scene, Erewhon Market, and the Farmers Market. The asking price for this owner/user investment opportunity is $2,500,000. This property is a perfect blend of luxury, convenience, and investment potential in one of Los Angeles' most desirable neighborhoods. The single-story building consists of three separate structures.
Highlights
Prime Venice Beach location, steps from the canals, beach, and Abbott Kinney Boulevard.
Ideal owner-user or live/work opportunity.
Designer kitchens in each cottage.
Private laundry in each unit; enclosed yard with low-maintenance landscaping.
Apartment building - Charming 3-unit Venice Beach property.
Where is the apartment building located?
The property is located at 2329 Ocean Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime Venice Beach location, steps from the canals, beach, and Abbott Kinney Boulevard.; Ideal owner-user or live/work opportunity.; Designer kitchens in each cottage.
How can I contact the broker?
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Contacts
Tami Pardee
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Ocean Ave Los Angeles, CA 90291
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Ocean Ave Los Angeles, CA 90291
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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2329 Ocean Ave
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