40 30th Avenue, Venice (los Angeles), CA 90291
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40 30th Avenue, Venice (los Angeles), CA 90291
40 30th Avenue, Venice (los Angeles), CA 90291
40 30th Avenue, Venice (los Angeles), CA 90291
40 30th Avenue, Venice (los Angeles), CA 90291
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$ 2,250,000
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40 30th Avenue Venice (los Angeles), CA 90291

5 Beds

3,270 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,270 sqft

Price per Sqft $688

MLS Listing ID CL26942891

Bedrooms 5

HOA Y/N No

Year Built 1969

Lot Size 2,967 Sqft

Acres 0.07

Property Sub-Type OTHER

Property Description

1 BLOCK FROM THE BEACH! A rare opportunity to own a heavily updated duplex in a prime part of Venice with on-site parking. 40 30th Avenue is ideally positioned just steps from the beach and around the corner from the restaurants, shops, and neighborhood favorites along Washington Blvd.The property has been extensively and tastefully updated. Both units were fully remodeled, and significant building upgrades include fully updated electrical system/meters, updated windows, copper plumbing and a new roof installed in 2022. Adding to the property's upside and value-add play are two non-conforming studio units, providing a new owner with some exciting options such as mid-term rentals (Buyer to verify). One of them has been fully remodeled and offers the possibility of permitting it to become an ADU. Buyer to verify allowability with the City. The other unit could offer an owner the option of a work office or creative studio space. This gem offers proximity to the beach with three on-site parking spaces including one enclosed garage. The large private patio is perfect for entertaining, relaxing, and enjoying the sun and coastal air of beach city life. With its prime location near the sand and Washington Boulevard, remodeled units, significant capital improvements, valuable on-site parking, and flexible additional spaces, 40 30th Avenue, represents a truly unique Venice offering with multiple paths for an investor to enjoy and unlock additional value. NOTE** Income includes a non-guaranteed scenario of operating mid-term rentals with the non-conforming studio units. Buyer to independently verify allowability and feasibility of such mid-term rentals.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Heating Electric, Central

Cooling Central Air

Fireplace No

Exterior

Total Parking Spaces 3

Building

New Construction No

Others

Tax ID 4226023026


Bridge MLS
Listed by Alexander Metaxas • Realty Investment Advisors, Inc.
Betty Moore

Betty Moore

Broker License ID: 792664

+1(510) 612-0033

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40 30th Avenue