Listed by Tamra Pardee, Pardee Properties,

718 Hampton Drive

Venice, CA, 90291

$3,975,000

$2,324 per ft²
$3,975,000
$2,324 per ft²
Active
Active
 - For Sale
beds
4 Beds
baths
2 Baths
carpenters-square
1,710 ft²
property_type
Residential
calendar
Built 1953
INCREDIBLE OPPORTUNITY - RARE 5,800+ sqft DOUBLE LOT w/ COMMERCIAL ZONING w/ 6 PARKING SPACES. Welcome to this creative compound in the heart of Venice, nestled just behind Abbot Kinney, and a short walk to Venice Beach. Endless options here, with two side-by-side homes that have been reimagined as a collective creative haven, that exudes indoor/outdoor living at its finest. This sprawling property offers complete flexibility as a live/work retreat, live in one property while renting the other for passive income, or rent both making this the ultimate investment opportunity. This property is particularly well-suited for qualified SBA owner-users, who may assume the current owner's second trust deed at grandfathered-in low-interest rates (estimated around 2% below current rates, and based on qualification requirements). //About this home: Located on two contiguous lots, with 6 parking spaces these detached properties are surrounded and enveloped in lush mature greenery and fruit trees that encompass SoCal vibes all around. Step into the first bungalow is infused in natural light. The kitchen has stainless steel appliances, ample storage, beautiful hardwood floors, and an open spacious floorplan. The second bright and airy bungalow has exposed beam ceilings and an open flexible floorplan. Both buildings are equipped with air conditioning. Currently laid out as the perfect office space, think tank, or blank canvas to bring your vision and designer's eye. //You'll Love: Cohesively integrated, properties like this are rarely available West of Lincoln. On a corner lot with a secure perimeter fence surrounding the entire property, you are down the street from Google and other tech companies, restaurants, shops, gyms, and neighboring creative studios. Live, work, and play with tons of space that flows throughout, and curated moments. //The Neighborhood: With Abbot Kinney truly at your doorstep, and seconds to the Rose Corridor, you are in the hub of some of the best restaurants, coffee shops, boutiques, and more in Los Angeles. Ride your bike to the beach, the Venice Canals, or stroll to Main Street. There is nothing else like this on the market - don't miss out!
MLS® ID:
22199788
Listed:
9/22/22
Updated:
1/31/23
RE/MAX Estate Properties
Bill Ruane

Interior Features

Kitchen Appliances
Dishwasher, Refrigerator
Total Bedrooms
4
Total Bathrooms
2
Interior Features
Ceiling Fan(s)
Laundry Description
None
Floor Description
Wood
Fireplace
None
Heating
Central

Exterior/Building Features

Lot Size
5,875 ft² lot
Exterior Features
Open, Patio
Lot Details
Landscaped
Sewer
Other

School Information

High School
Los Angeles Unified

Other Property Details

Area Name
C11 - Venice
Garage
No
Parking
Assigned, Side By Side, Uncovered
Parking Total
6.0
View
Y
County
Los Angeles
Pool
No
Pool Description
None
Total Stories
1
Zoning
LAC2
Buyer Agency Compensation
2.500

Property History

Date
Event
Price
Value
11/3/22
Price Change
$3,975,000
-11%

Listed by Pardee Properties, Tamra Pardee,
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
Contact