205 5Th Avenue

Venice, CA 90291

PRICE REDUCED

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-$155,000 (-5.85%)

$2,495,000

List Price

5

bed Beds

4

shower Baths

2,743 sqft

straighten / sqft

1929

calendar_month Built

Property Description

Welcome to this timeless and dreamy Spanish duplex located in the vibrant Rose Corridor, nestled between Venice and Santa Monica. 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. Seller is open to partial seller financing at 6% for 2 years.

Listing Information

List Price $2,495,000
Status Active
MLS 24395243
Type Residential Income
Year Built 1929
Lot Size 4,141
Structure Size 2,743
DOM 175
Courtesy Of Pardee Properties
Listing Agent Paige Ogden DRE#02060052
Co-Listing Agent Golnaz Rassekh DRE#01345467

Interior Features

Laundry Information
Location(s) Common Area, Laundry Room, Outside
Total Bedroom
Bedrooms 5
Bathroom Information
Features Separate Shower
Total Bathroom
Bathrooms 4
Flooring Information
Material Tile, Wood
Fireplace Information
Features Decorative, Living Room
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Other Structures
Features Deck, Front Porch, Open, Patio
View Yes

Maps

Listing information courtesy of: Paige Ogden, Golnaz Rassekh, Pardee Properties 310-907-6517. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 21st, 2024 at 5:39 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.