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Two-Parcel Coastal Apartment Building

49 Wavecrest Ave Venice, CA 90291

49 Wavecrest Ave, Venice, CA, 90291
$2,200,000
For Sale
$2,200,000

Two-parcel Venice Beach area rental property with fenced, gated entry and a shared front courtyard.

Days on Market74

Property Features for 49 Wavecrest Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1907
Listing agency
Listed by Keith Moret
Source Elliman
Added: May 10 Updated: Jul 20 at 10:06PM Checked: Jul 21 at 8:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keith Moret


Investment Insights

Based on property information with market context.

This two-parcel coastal apartment offering includes seven total units: one 1BR/1.5BA unit, four 1BR/1BA units, one studio, and a standalone 1BR/1BA cottage on the adjacent parcel at 1007 Pacific. The property provides fenced and gated entry for added privacy and security, along with a private, fenced courtyard at the front for shared outdoor use. In the rear area, there is room for tenant parking and secure bicycle storage.

The property is located just one block from the sand at Venice Beach, placing it within an established coastal rental environment.

The configuration combines a mix of studios and one-bedroom units with a separate cottage, supported by on-site shared outdoor space and on-site bicycle accommodations designed for beach travel.

Key Highlights

  • Year built 1907, two‑parcel Venice Beach area rental property with fenced and gated entry
  • Includes 7 units: one 1BR/1.5BA, four 1BR/1BA units, one studio, plus a standalone 1BR/1BA cottage at 1007 Pacific
  • Shared front private, fenced courtyard for residents

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Two-parcel Venice Beach area rental property with fenced, gated entry and a shared front courtyard.
Where is this apartment building located?
The property is located at 49 Wavecrest Ave Venice, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Year built 1907, two‑parcel Venice Beach area rental property with fenced and gated entry; Includes 7 units: one 1BR/1.5BA, four 1BR/1BA units, one studio, plus a standalone 1BR/1BA cottage at 1007 Pacific; Shared front private, fenced courtyard for residents
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