See all 46 photos
46 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,749,000
Est. payment /mo
4 Beds
2 Baths
1,934 SqFt
Open House
Sun Aug 16, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,934 sqft
Price per Sqft $904
MLS Listing ID 26867351
Bedrooms 4
HOA Y/N No
Year Built 1949
Lot Size 5,989 Sqft
Property Description
Own in Venice while your property helps pay for itself. 1121-1123 Grant Ave presents a rare opportunity for a first-time buyer to step into homeownership with $4,008 per month in existing rental income helping offset the mortgage and property taxes from day one. Live upstairs in the vacant 2-bedroom, 1-bath residence, complete with original hardwood floors, abundant natural light, exclusive access to the property's oversized 2-car garage, and a large private grassy yard that feels like an extension of the home. Downstairs, the second 2-bedroom, 1-bath residence is already tenant-occupied at $4,008 per month, creating meaningful built-in income without sacrificing your own privacy or outdoor space. Set on a generous 5,991-square-foot corner lot in Venice's coveted President Streets, the property is surrounded by mature, drought-tolerant landscaping, with thoughtfully separated outdoor areas for each residence. It's an opportunity to enjoy the space, garage, yard, and lifestyle of a single-family home while benefiting from the economics of a duplex. Just moments from Abbot Kinney, the beach, dining, shopping, and everything that makes Venice one of LA's most desirable neighborhoods, 1121 Grant offers an unusually compelling way to establish a foothold on the Westside. LAR2 zoning also provides future potential for additional units or ADU opportunities (buyer to verify). Live upstairs. Rent downstairs. Own a piece of Venice. Seller intends to complete a 1031 exchange at no cost or liability to Buyer.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplace No
Appliance Refrigerator, Dryer, Washer
Laundry Laundry Room, Outside
Exterior
Parking Features Door-Multi, Garage, On Street
Total Parking Spaces 2
Building
Lot Description Back Yard, Front Yard, Lawn, Landscaped, Yard
Faces West
Story 2
Entry Level Two
Sewer Other
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4237030014
Special Listing Condition Standard
Read Less Info
Listed by Brett Doonan Compass #02214158
Nearby Locations
GET MORE INFORMATION