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Modern Duplex with Rooftop Deck
New
For Sale
$5,225,000

614 5TH Avenue, Venice, CA 90291

Two full-floor residences offer flexible owner-use and rental configurations with private outdoor areas.

Property Size5,539 SF
Price / SF$943.31
Days on Market7

Property Features for 614 5TH Avenue

General Information

Standard status Active
Size 5,539 SF
Total Parking Spaces 5
Property subtype Multi-family

Units

Unit Mix 4BR/5BA, 3BR/4BA
Multifamily Units 2

Amenities

rooftop deck
fire pit
private balconies

Building Details

Year Built 2019
Buildings 1
Stories 2
Construction modern
Listing Agency: Pardee Properties
Listed By: Elvira Davidson
Source: Sevengables
Added: Sep 7 Changed: Sep 12 Last Checked: Sep 12 at 10:47AM

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 Pardee Properties

Investment Insights

Based on property information with market context.

Completed as a newer-construction duplex, this approximately 5,539-square-foot property contains two self-contained, full-floor residences. The upper home has 4 bedrooms and 5 baths, while the lower residence includes 3 bedrooms and 4 baths. Both feature open living areas, large kitchen islands, Viking and Wolf appliances, high ceilings, expansive glazing, oversized sliding doors, and private balconies. The combined layout includes 7 bedrooms, 7 full bathrooms, and 2 powder rooms, with five garage parking spaces.

A rooftop deck provides separate areas for each residence, a fire pit, and panoramic city and mountain views. The upper residence is currently leased, and the lower unit is available for occupancy or a new tenant. Located at 614 5TH Avenue in Venice, the property is near Abbot Kinney Boulevard, neighborhood retail, the Rose Avenue corridor, and the beach. A condominium conversion process is being pursued with the City of Los Angeles.

Key Highlights

  • Approximately 5,539 square feet configured as two full‑floor residences
  • Upper residence: 4 bedrooms and 5 baths; currently leased
  • Lower residence: 3 bedrooms and 4 baths; available for occupancy or a new tenant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Parts Store Law Firm Grocery & Convenience Store Nail Salon Big Box & Wholesale Store

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,057
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 Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two full-floor residences offer flexible owner-use and rental configurations with private outdoor areas.
Where is this duplex located?
The property is located at 614 5TH Avenue Venice, CA.
What is the asking price?
The asking price for this property is $5,225,000.
What are key features of this property?
This property features: Approximately 5,539 square feet configured as two full‑floor residences; Upper residence: 4 bedrooms and 5 baths; currently leased; Lower residence: 3 bedrooms and 4 baths; available for occupancy or a new tenant
More about this property
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