2329 Ocean Ave Venice, CA 90291

Property Details for 2329 Ocean Ave

Property size

1,056 SF

Property type

Commercial real estate

APN

4227-007-019

Description

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.