205 5th Ave, Venice, CA 90291 – 24-465725 - Norma Mardelli

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$2,250,000

Est. payment - /mo

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5 BD

4 BA

2,743 SqFt

Active

205 5th Ave Venice, CA 90291

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/18/2024 11:12 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,743 sqft

Price per Sqft $820

MLS Listing ID 24-465725

Style Spanish

Bedrooms 5

Year Built 1929

Lot Size 4,141 Sqft

Acres 0.0951

Property Description

Welcome to this timeless and dreamy Spanish duplex located in the vibrant Rose Corridor, nestled between Venice and Santa Monica (seller open to partial seller financing at 6% for 2 years!). With the perfect blend of classic elegance, timeless style, and modern upgrades, this two-unit property w/ a vacant unit offers endless opportunities - live in the bottom unit with the upstairs as a rental for passive income, rent the entire property for your investment portfolio, or utilize the property as your future compound. The reimagined downstairs space features a spacious 2-bedroom, 2-bathroom residence adorned with hardwood floors, arched doorways, and a beautiful original fireplace, creating a warm and inviting atmosphere. A separate bonus space with a private entrance completes this unit, perfect for guest quarters or a home office! Move onto the upstairs unit boasting a completely remodeled 3-bedroom, 2-bathroom unit (currently occupied by tenant) with an open floor plan and a private balcony, offering a serene retreat with city and tree-top views. Additional amenities include a detached garage, gated parking, an amazing deck ideal for outdoor dining and relaxation, and a cozy courtyard designed for gatherings and entertainment. Expand later and add an ADU, making it a true gem in Venice. Live the SoCal dream minutes to the beach and in the heart of some of Los Angeles' best restaurants, coffee shops, and boutiques. Also, just a short stroll to Whole Foods, parks, and more.

Location

State CA

County Los Angeles

Area Venice

Zoning LARD2

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Wall

Cooling Ceiling Fan, Wall/Window, Wall Unit(s)

Flooring Hardwood, Tile, Vinyl Tile

Fireplaces Type Decorative, Living Room

Equipment Washer, Dryer, Ceiling Fan, Range/Oven, Refrigerator

Laundry Outside, Room, Community

Exterior

Parking Features Garage - 1 Car, Carport, Uncovered

Garage Spaces 3.0

Pool None

View Y/N Yes

View City, Tree Top, Ocean

Building

Lot Description Sidewalks

Story 2

Sewer In Street

Water In Street

Architectural Style Spanish

Level or Stories Two

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Pardee Properties