1712 Washington Way, Venice, CA 90291

About this property

Quintessential Venice Beach living, a stones throw to famed Abbot Kinney Blvd . This income property is situated on a gated, oversized street to street lot oozing with development opportunity. Front structure is currently a triplex. The back structure is a 3 car garage plus bonus studio. Estimates in place to convert the garage into two ADUs which could push the cap rate to 7-10%! All tenants are on a month to month lease and one unit currently vacant. Developers dreams! Or rent out and keep as is!

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$2,336,700

Sold June 2023 · listed $2,499,000, on market May 2023 · MLS #23268247 · Source: CRMLS

Listing Agent: Brittany Morrison · Listing Office: Compass · Bought with: Lauren Narozniak · Pardee Properties

$2,250,000

Sold September 2022 · listed $2,325,000, on market July 2022 · MLS #22181861 · Source: CRMLS

Listing Agent: Oron Maher · Listing Office: Maher Commercial Realty · Contact: 310-464-1453 · Bought with: Brittany Morrison · Compass

$1,400,000

Sold January 2014 · on market November 2013 · MLS #13717621 · Source: CRMLS

Listing Agent: Valentina Prostakova · Listing Office: Stanford Raffles Realty, Inc. · Contact: 888-863-2820 · Bought with: Valentina Prostakova · Stanford Raffles Realty, Inc.

Explore Venice