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Duplex Compound with Gated Parking
For Sale
$7,700,000

120 Mildred Ave, Venice, CA 90291

MULTI_FAMILY - Venice, CA

Property Size7,000 SF
Lot Size0.16 Acres
Price / SF$1,100
Days on Market123

Property Features for 120 Mildred Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 6
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 4, Den, Bathroom 1, Bathroom 6, Bathroom 7, Bathroom 4, Bathroom 3, Dining Room, Bathroom 2, Bedroom 2, Bathroom 5
Parking 7
Parking features Carport, Gated
Fireplace 1
Directions West of Abbot Kinney Blvd, East of Pacific Ave
Subdivision Venice
Standard status Active
APN 4238-022-037
Size 7,000 SF
Lot size 0.16 Acres

Utilities

Heating system Central
Cooling system Central Air

Amenities

studio and mezzanine spaces
chef's kitchens
private gardens
decks
roof terraces

Building Details

Year built 1913
Floors in Building 3
Number of units 2
Flooring type Cement, Hardwood
Listing Agency: Pardee Properties
Listed By: Alex Baker · License #01999006
Added: Apr 16 Changed: Aug 1 Last Checked: Aug 16 at 1:06AM
MLS# 26737735

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

120 & 122 Mildred comprise the Vanguard Lofts duplex compound, a 7,000+ square-foot property originally rooted in a 1924 warehouse setting and built in 1913. The two interconnected architectural residences are offered as one combined compound featuring 6 bedrooms, 6 bathrooms, and an additional 6 private offices. Interior details include soaring open-truss ceilings and polished concrete and hardwood flooring, along with a fireplace.

The property includes multiple studio and mezzanine spaces, chef’s kitchens, private gardens, decks, and roof terraces, plus ample onsite parking with carport and gated access. Central heating and central air support day-to-day comfort. Ground-floor space at 120 Mildred is approximately 2,500 square feet, while the original design contemplated two independent units of approximately 4,000 and 3,000 square feet.

Set on a 0.1585-acre lot, the compound is adjacent to Windward Circle and close to Abbott Kinney’s shops and restaurants, just moments from the sand.

Key Highlights

  • 7,000+ square‑foot duplex compound on a 0.1585‑acre lot
  • 6 bedrooms, 6 bathrooms, plus 6 private offices across two interconnected residences
  • Approximately 2,500 square feet of ground‑floor space at 120 Mildred

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Nursing Home Butcher Tanning Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,575
Businesses Nearby

Demographics for 90291, CA

28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex compound with central heating and central air, gated carport parking, fireplace, and LAR3 zoning in Venice.
Where is this duplex located?
The property is located at 120 Mildred Ave Venice, CA.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: 7,000+ square‑foot duplex compound on a 0.1585‑acre lot; 6 bedrooms, 6 bathrooms, plus 6 private offices across two interconnected residences; Approximately 2,500 square feet of ground‑floor space at 120 Mildred
More about this property
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