215 Windward ave, Venice, CA 90291

Active

$2,495,000

2 Units

3 Beds

2 Baths

1,634 Area(sq.ft.)

Lot: 3,309 Lot Size(sq.ft.)

Type	# of Units	Bedroom	Bath	Furnished	Rent	Actual Rent	Projected Rent
Unit 1	1	3	2	No	$ 8,750	n/a	$ 9,000
Unit 2	1	studio	0	No	n/a	n/a	n/a
	2	3	2		$ 8,750	$ 0	$ 9,000

MLS #:	25529331
Days On Market:	227
Listing Date:	April 23, 2025
County:	Los Angeles
Property Type:	Residential Income
Price per ft²:	$ 1,527
Price per unit:	$ 1,247,500
Year Built:	1905

Income Details / Structure / Land & Parking / Interior Features / Exterior Features

Property Details

With low down payment SBA financing available & extra income from a mural wall scape, could owning a live/work property in Venice Beach help your creative business grow this year? What if you could own this amazing space for 15% less than it appraised for in October 2020? This is the opportunity at hand as the Seller needs to offset other gains in her portfolio, so we can structure a massive win-win with the Seller's loss and your gain! Etched into the heart of quintessential L.A. coolness in vibrant Venice Beach, and just brimming with potential to bloom into yet untold creative expression. Offering immense flexibility with allowable commercial and residential uses, and strategically located at the entry of the Windward Circle near the Venice sign, this unique creative office or live/work opportunity on a versatile C2 street-to-alley lot is a perfectly blended segue between commercial and residential corridors. Just a hop-skip away from Abbott Kinney (literally crowned "the coolest block in America" in GQ's Style Bible), and just a stone's throw to Rose Corridor and Main Street, just blocks to the sand, and billed as both a Walker's and Biker's Paradise, positively everything is within reach. The property itself presents as a standalone single-story boutique building with soaring skylit ceilings and bathed in abundant natural lighting, evoking the embodiment of SoCal vibes throughout its modern open floor plan. With a compelling blend of aesthetics and functionality, the building spans 1,634 square feet across three spacious bedrooms, recently remodeled kitchen and two bathrooms. Adding to the versatility, a storage room with separate entry and huge crawlspace are already in place for those in need of ample storage or data rooms, and the convenient alley access parking allows for 4 cars or room for additional upside down the road. Adjacent to a swathe of luxury residential homes and immersed in one of the highest concentrations of tech and creative residents of Silicon Beach, this property has provided consistent short-term rental income from a variety of clientele seeking inspiration from the buzzing cultural mecca that is Venice. And with 60 feet of prominent street frontage on Windward and accessibility to numerous amenities and restaurants provides for excellent visibility and lucrative signage opportunities for additional income potential. Presently permitted as a residential home, residential or SBA commercial financing may be available depending on intended use, presenting a unique opportunity to add a trophy location for creative business owners, investors, and homeowners alike. Less than a mile from Marina del Rey, just two miles from Santa Monica, easy access to the rest of the Westside Los Angeles via nearby Highway 1, 10 and 405 freeways, and access the rest of the world via nearby LAX Airport, all roads lead to Venice.

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Income Details

Rent Control:	Yes
Vacancy Rate:	100%
Gross Operating Income:	$ 0
Total Annual Expense:	$ 0
Net Operating Income:	$ 0
Gross Annual Income:	$ 0
Gross Rent Multiplier:	0.00