4-Bedroom ResidentialIncome — 134 Park Place, Venice, CA
$1,695,000
134 Park Place, Venice, CA
About this property
3 UNITS DELIVERED VACANT. Venice Beach fourplex with significant upside and rare owner-user potential. The front house and two additional units will be delivered vacant, along with a vacant garage, offering flexibility to owner-occupy the front residence or reposition the property as a prime income asset. The property also offers future potential to add ADUs. Ideally located just steps from Abbott Kinney, with walkable access to some of Venice's best shops, restaurants, and amenities.Situated on a large 3,200 SF corner lot, the property benefits from strong curb appeal and exceptional rental demand. Only one unit will remain occupied at close of escrow, allowing for renovations and lease-up at current market rents. Directly across the street, a $95M new mixed-use luxury development is underway, bringing additional retail, hotel, and residential uses and further elevating the neighborhood. A rare opportunity to acquire a prime Venice asset with immediate vacancy and upside.
Property details
Location
134 Park Place • Venice, CA 90291
Listed by
Navid Toomarian · Keller Williams Beverly Hills