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Residential Income - 716 Machado Drive, Venice, CA

$2,200,000

716 Machado Drive, Venice, CA

MLS# SB26206555

716 Machado Drive, Venice, CA 90291 - $2,200,000 · Multi-Family Home for Sale, photo 1 716 Machado Drive, Venice, CA 90291 - $2,200,000 · Multi-Family Home for Sale, photo 2 716 Machado Drive, Venice, CA 90291 - $2,200,000 · Multi-Family Home for Sale, photo 3 716 Machado Drive, Venice, CA 90291 - $2,200,000 · Multi-Family Home for Sale, photo 4 716 Machado Drive, Venice, CA 90291 - $2,200,000 · Multi-Family Home for Sale, photo 5
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Description

Location, Location, Location: The Machado Apartments is a four-unit multifamily property in prime Venice, California. The two-story, walk-up building offers an excellent unit mix of one one-bedroom apartment and three two-bedroom apartment homes. The residences average more than +1,180 square feet, providing spacious floor plans. Select units have French doors, fireplaces, outdoor yards, expansive deck and in-unit laundry. The property features a gated entrance and sits on 2 separate parcels encompassing approximately 8,000-square-foot lot. This is an exceptional investment opportunity with approximately 66 Percent upside in current rents, as well as compelling potential for future redevelopment. Located within five minutes of world-famous destinations including Abbot Kinney Boulevard, Rose Avenue, Main Street, and Venice Beach, the property is well positioned in one of Los Angeles’ most desirable rental markets. Held by the same owner for more than 40 years, the Machado Apartments represents a rare opportunity to acquire a unique, well-located Venice asset with significant value-add potential. Properties with these unit sizes seldom come to market.

Property details

Year built
1949
Property type
Residential Income
Lot size
7,999 sqft

Location

716 Machado Drive • Venice, CA 90291

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Listing Agent

Kevin Kawaoka

DRE #: 01733613

Brokerage: Bluechip Investment Group, Inc

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CRMLS

MLS# SB26206555

Listed: 10/7/2026 3:24 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/7/2026 10:33 AM. 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.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Bluechip Investment Group, Inc

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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Nalren Corp. · CA DRE #02423715