1016 Oakwood Ave, Venice, CA 90291 | For Sale

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For Sale $2,199,999 ($1,361.39 per Sq Ft)

$2,199,999 ($1,361.39 per Sq Ft)
  • (0)
  • 4 Bedrooms
  • 2.00 Bathrooms
  • 1,616 Sq Ft
  • 3,844 Sq Ft

Description

Introducing the epitome of California Bungalow living nestled in the highly sought-after Oakwood section of Venice Beach. Enjoy 2 separate homes on this spacious lot with each house having its own outdoor space and private entrances. This property serves as the perfect home for an owner / user or passive income source for an investor. Live in 1 house while renting out the other, live in both houses, or simply rent out both houses for ultimate passive income. This exceptional property showcases the perfect blend of functionality and character, offering two distinct houses, a total of 4 bedrooms, 2 bathrooms, and a spacious living space spanning 1,616 square feet. The front unit welcomes you with a well-designed layout featuring three beautifully appointed bedrooms and an elegantly styled bathroom. The ambiance exudes warmth and comfort, creating an inviting space for relaxation. The back unit offers a cozy retreat with one bedroom and one bathroom, providing a private oasis that can accommodate guests, serve as a home office, or generate rental income. Both units have undergone exquisite remodeling, boasting gorgeous kitchens and upgraded bathrooms. Additionally, each unit enjoys the luxury of its own private yard, enhancing the outdoor living experience. The property has been immaculately kept up with both side fences having been recently rebuilt. Conveniently located within a short distance to the beach, and just steps away from the trendy restaurants and shops of Abbot Kinney and Rose Ave, this delightful duplex offers the epitome of coastal living. Whole Foods and Barry's Gym are also within easy reach, adding to the convenience and lifestyle amenities. Immerse yourself in the vibrant Venice Beach community, where you'll have access to breathtaking coastlines, fashionable boutiques, renowned dining establishments, and a thriving cultural scene. Embrace the coastal lifestyle and indulge in the beauty and charm that Venice Beach has to offer. Don't miss out on this exceptional opportunity to own a slice of paradise in Venice Beach with this remarkable duplex. Make your dream of coastal living a reality today.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $2,199,999
Property Type Duplex (2-units)
Usable Sqft 1,616
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1905
Last Sold Unknown
Sold Price Unknown
APN # 4239017013
MLS # 25500197
Property ID 321292492
Lot Sqft 3,844
Zoning LARD1.5
Total Units 2
Days on Market 5
Original List Price $2,199,999
Date Updated February 21, 2025
Date Created February 21, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 3 1.00 $6,000 $6,500
Unit #2 1 1.00 $4,000 $4,500
Gross Income (Yr) $ 120,000
Operating Expenses $ 79,674
Net Income (Yr) $ 40,326
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Listing Provided By

Brandon Meneses an agent of The Beverly Hills Estates. Lic #02112187


© 2025 CARETS and TheMLS. All rights reserved. Based on information from CARETS as of February 21, 2025 The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



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