7-Bedroom Residential Income — 614 5th Avenue, Venice, CA

About this property

Striking modern duplex built in 2020, offers a rare combination of thoughtful design, lifestyle flexibility, and compelling long-term upside. Spanning approximately 5,539 square feet, the property is configured as two expansive full-floor residences, creating an ideal setting for multigenerational living, owner-user flexibility, or meaningful rental income. Live in one residence while maintaining independence for extended family, or lease the second unit to help offset ownership costs all without compromising privacy or quality of life. The upper residence features 4 bedrooms and 5 baths and is currently rented for $11,787 per month. The lower residence offers 3 bedrooms and 4 baths and is available for immediate owner occupancy or a new tenant. Together, the property encompasses 7 bedrooms, 7 full bathrooms, and 2 powder rooms, with thoughtfully designed en suite accommodations that give each resident a sense of privacy and comfort. The layout adapts effortlessly to changing needs, offering the freedom to live together, separately, or somewhere in between. Each residence is designed to function beautifully on its own, with open-concept living spaces, oversized kitchen islands, and premium Viking and Wolf appliances that make both everyday living and entertaining feel effortless. Expansive windows, high ceilings, and oversized sliding doors fill the interiors with natural light, while private balconies and outdoor spaces extend the living experience beyond the walls of each home. Above it all, the rooftop deck serves as a remarkable shared retreat, showcasing panoramic city and mountain views, distinct areas for each residence, and a fire pit that creates a natural gathering place. It perfectly captures the essence of the property: connection when desired, independence when needed. Five garage parking spaces further distinguish the property, while its exceptional Westside location places residents just steps from Abbot Kinney Boulevard, neighborhood shops, and the vibrant Rose Avenue corridor, with the beach also close by. Enjoy easy access to acclaimed dining, boutique shopping, cafes, wellness destinations, Silicon Beach, and the best of Venice's laid-back coastal lifestyle all within a highly walkable and coveted setting. Whether envisioned as a sophisticated multigenerational compound, an owner-user opportunity with income potential, or a strategic investment, this newer-construction duplex offers exceptional versatility today and exciting possibilities for the future. With the condominium conversion process already being pursued with the City of Los Angeles, a new owner has the opportunity to step into a property designed not only to live beautifully, but to evolve, perform, and potentially unlock substantial additional value over time.

Property details

Location

614 5th Avenue • Venice, CA 90291

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Listed by

Elvira Davidson · Pardee Properties

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