Listed by Kirsten Kaiyala, Side, Inc.,

308 Venice Way

Venice, CA, 90291

$4,195,000

$1,252 per ft²
$4,195,000
$1,252 per ft²
Active
Active
 - For Sale
beds
2 Beds
baths
3 Baths
carpenters-square
3,350 ft²
property_type
Residential
calendar
Built 1984
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 artist’s 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. It’s 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.
MLS® ID:
IN22143235
Listed:
6/26/22
Updated:
1/31/23
RE/MAX Estate Properties
Bill Ruane

Interior Features

Kitchen Appliances
Dishwasher, Electric Cooktop, Refrigerator, Tankless Water Heater
Total Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Interior Features
Beamed Ceilings, Wet Bar, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Storage, All Bedrooms Up, Instant Hot Water, Multiple Master Suites, Workshop
Laundry Description
In Garage
Fireplace
None
Cooling
Electric, Gas, Heat Pump, Wall/Window Unit(s)
Heating
Central, Natural Gas

Exterior/Building Features

Lot Size
2,750 ft² lot
Architectural Style
House
Lot Details
Garden, Yard
Sewer
Public Sewer

School Information

High School
Los Angeles Unified

Other Property Details

Area Name
C11 - Venice
Association Amenities
Biking, Dog Park, Street Lights, Sidewalks, Urban
Garage
Yes
Garage Spaces
3
Parking
Garage, Garage Faces Rear
Parking Total
3.0
View
Y
County
Los Angeles
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Water Source
Public
Pool
No
Pool Description
None
Total Stories
3
Buyer Agency Compensation
2.500

Property History

Date
Event
Price
Value
1/18/23
Price Change
$4,195,000
-4%

Listed by Side, Inc., Kirsten Kaiyala,
Listing Contact:  

Based on information from California Regional Multiple Listing Service, Inc. as of 1/31/23. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 9:01 AM UTC, 1/31/23

RE/MAX Estate Properties
Bill Ruane
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