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308 Venice Way

Venice, CA 90291
  • $4,195,000
  • STATUS: Active
  • ON SITE: 221 Days
  • ID#: IN22143235
UPDATED: 78 min ago
$4,195,000
  • 2
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 3,350
    SQFT
  • $1,252
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1984
County:
Area:

School Ratings & Info

School District:
Listing Agent(s): Kirsten Kaiyala of Side, Inc. (415-205-0742)


Description

This rare Artist in Residence Live/Work compound in the heart of Venice Beach is perfect for a creative entrepreneur or investor who loves light-filled architecture, open interior space, and privacy. Designed by award winning and much lauded California architect and educator, David Ming-Li Lowe, the property is located steps from the world famous Boardwalk and the trendiest shops and restaurants on Abbot Kinney Blvd.The property is defined by two three-story buildings front and back, each overlooking an ultra private landscaped courtyard. These buildings are framed entirely with structural steel, with exposed posts, beams and cross bracing, which are a major design element on each floor. Translucent Kalwall building panels highlight the changing light throughout the day, and become glowing walls to the exterior at night.A three car garage with high ceilings and large industrial roll up doors make this space perfect for a workshop, storage or artists studio.The open floor plans allow for any kind of office/living space configuration, which makes this property ideal for any usage by an owner/user. Its perfect for use as an office for a production or animation studio, tech startup, architect/design firm, etc.Alternatively, an investor can look to achieve a 4.50% proforma CAP rate in a very competitive Venice marketplace.It is a true original Venice Beach artist loft that embodies the ideal California lifestyle.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-02-07T08:24:52.743. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Elite Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.swackrealestategroup.com/homes/130453402
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308 Venice Way Venice, CA 90291

  • Price: $4,195,000
  • Status: Active
  • On Site: 221 Days
  • Updated: 78 min ago
  • ID#: IN22143235
2
Beds
2
Baths
1
½ Baths
0.06
Acres
3,350
SQFT
$1,252
$/SQFT
1984
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
School District:
Los Angeles Unified
Property Description
This rare Artist in Residence Live/Work compound in the heart of Venice Beach is perfect for a creative entrepreneur or investor who loves light-filled architecture, open interior space, and privacy. Designed by award winning and much lauded California architect and educator, David Ming-Li Lowe, the property is located steps from the world famous Boardwalk and the trendiest shops and restaurants on Abbot Kinney Blvd.The property is defined by two three-story buildings front and back, each overlooking an ultra private landscaped courtyard. These buildings are framed entirely with structural steel, with exposed posts, beams and cross bracing, which are a major design element on each floor. Translucent Kalwall building panels highlight the changing light throughout the day, and become glowing walls to the exterior at night.A three car garage with high ceilings and large industrial roll up doors make this space perfect for a workshop, storage or artists studio.The open floor plans allow for any kind of office/living space configuration, which makes this property ideal for any usage by an owner/user. Its perfect for use as an office for a production or animation studio, tech startup, architect/design firm, etc.Alternatively, an investor can look to achieve a 4.50% proforma CAP rate in a very competitive Venice marketplace.It is a true original Venice Beach artist loft that embodies the ideal California lifestyle.
Exterior Features

Attached Garage YN Yes Construction Materials Fiberglass SidingSteel Foundation Details Slab Lot Features GardenYard Parking Features GarageGarage Faces Rear Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type AlleyCity Street Road Surface Type Alley Paved Sign On Property YN No View Courtyard View YN Yes

Interior Features

Appliances DishwasherElectric CooktopRefrigeratorTankless Water Heater Common Walls No Common Walls Cooling ElectricGasHeat PumpWall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating CentralNatural Gas Heating YN Yes Interior Features Beamed CeilingsWet BarCeiling Fan(S)High CeilingsLiving Room Deck AttachedOpen FloorplanStorageAll Bedrooms UpInstant Hot WaterMultiple Master SuitesWorkshop Main Level Bathrooms 1 Main Level Bedrooms 0

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingDog ParkStreet LightsSidewalksUrban Disclosures Coastal ZonePrincipal is Real Estate Licensed Garage YN Yes Land Lease YN No Laundry Features In Garage Lease Considered YN No Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-02-07T08:24:52.743. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Elite Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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Elite Real Estate Group | Keller Williams Realty Central Coast
1851 Shell Beach Road Ste B
Shell Beach CA, 93449
Listing Agent(s): Kirsten Kaiyala of Side, Inc. (415-205-0742)