Sold

308 Venice Way

Venice CA, 90291

$3,900,000


$1,164.18 per sqft

Sold

2 Beds

3 Baths

3,350 sqft

Residential

Built in 1984

Listed by Kirsten Kaiyala with Side, Inc. 415-205-0742

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.

IN22143235

MLS ID

June 27, 2022

Listed

August 31, 2023

Updated

Map

308 Venice Way
Venice CA, 90291

Interior Features

Total Stories

3


Bedrooms

2 Beds


Bathrooms

3 Baths


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


Appliances

Dishwasher, Electric Cooktop, Refrigerator, Tankless Water Heater


Laundry Description

In Garage


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Electric, Gas, Heat Pump, Wall/Window Unit(s)


Heating

Yes


Heating Description

Central, Natural Gas

Exterior/Building Features

Lot Size

0.06 acres


Lot Features

Garden, Yard


Architectual Style

House


Sewer

Public Sewer

Other Property Details

Days on Market

294


Association Amenities

Biking, Dog Park, Street Lights, Sidewalks, Urban


Garage

Yes


Garage Spaces

3


Parking

Garage, Garage Faces Rear


Parking Total

3


View

Yes


View Description

Courtyard


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

6/21/2023

Price Change

$3,900,000

-8%

6/21/2023

Sold

Listing Contact: 415-205-0742 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/31/2023. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/31/2023 at 2:16 AM UTC

 

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