Venice, CA 90291 705 6th Avenue

705 6th Avenue Venice, CA - Image 1705 6th Avenue Venice, CA - Image 2705 6th Avenue Venice, CA - Image 3
47 more
705 6th Avenue Venice, CA - Image 4705 6th Avenue Venice, CA - Image 5705 6th Avenue Venice, CA - Image 6705 6th Avenue Venice, CA - Image 7705 6th Avenue Venice, CA - Image 8705 6th Avenue Venice, CA - Image 9705 6th Avenue Venice, CA - Image 10705 6th Avenue Venice, CA - Image 11705 6th Avenue Venice, CA - Image 12705 6th Avenue Venice, CA - Image 13705 6th Avenue Venice, CA - Image 14705 6th Avenue Venice, CA - Image 15705 6th Avenue Venice, CA - Image 16705 6th Avenue Venice, CA - Image 17705 6th Avenue Venice, CA - Image 18705 6th Avenue Venice, CA - Image 19705 6th Avenue Venice, CA - Image 20705 6th Avenue Venice, CA - Image 21705 6th Avenue Venice, CA - Image 22705 6th Avenue Venice, CA - Image 23705 6th Avenue Venice, CA - Image 24705 6th Avenue Venice, CA - Image 25705 6th Avenue Venice, CA - Image 26705 6th Avenue Venice, CA - Image 27705 6th Avenue Venice, CA - Image 28705 6th Avenue Venice, CA - Image 29705 6th Avenue Venice, CA - Image 30705 6th Avenue Venice, CA - Image 31705 6th Avenue Venice, CA - Image 32705 6th Avenue Venice, CA - Image 33705 6th Avenue Venice, CA - Image 34705 6th Avenue Venice, CA - Image 35705 6th Avenue Venice, CA - Image 36705 6th Avenue Venice, CA - Image 37705 6th Avenue Venice, CA - Image 38705 6th Avenue Venice, CA - Image 39705 6th Avenue Venice, CA - Image 40705 6th Avenue Venice, CA - Image 41705 6th Avenue Venice, CA - Image 42705 6th Avenue Venice, CA - Image 43705 6th Avenue Venice, CA - Image 44705 6th Avenue Venice, CA - Image 45705 6th Avenue Venice, CA - Image 46705 6th Avenue Venice, CA - Image 47705 6th Avenue Venice, CA - Image 48705 6th Avenue Venice, CA - Image 49705 6th Avenue Venice, CA - Image 50705 6th Avenue Venice, CA - Image 51
Presented By: Tyler Kunkle with Pardee Properties;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25498789
  • 02/14/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 11
  • Baths • 9
  • SQFT • 4,289
  • Garage • 2

Home Details

Rare investment opportunity in the heart of Venice: perfect for multi generational living! An unparalleled opportunity in the heart of Venice, this perfectly located and meticulously designed four-home property offers the perfect blend of togetherness and independence ideal for multi-generational living or a high-yield investment with a 5.56% cap rate. Currently operating as MTR at a 5.56% cap rate but can be delivered vacant for a traditional rental unit. At market rents on traditional 12 month lease the cap rate is 5.3%. The home is fully occupied at noted rents via the outstanding corporate rental platform however can be delivered VACANT at the close of escrow to suit a buyers needs. This unique gated sanctuary consists of a completely rebuilt two story front house, a spacious duplex, and a brand-new construction ADU with a rooftop deck, all designed to feel connected yet separate, with lush landscaping for natural privacy and security for each. Front House (3BD/3BA): Rebuilt in 2024, this modern two-story home is flooded with natural light from skylights and features an open floor plan, large kitchen, private bar/wine room, luxurious primary suite, private fenced yard, and in-unit laundry. Middle Duplex (Two 3BD/2BA Units): Thoughtfully remodeled, both units offer spacious open layouts, private outdoor areas enclosed by greenery, and in-unit laundry. Ideal for extended family, guests, or high-income rentals. ADU (2BD/2BA + Rooftop): Designed by renowned architect Robert Thibodeau, this brand-new (2024) standalone residence features an expansive rooftop deck with an outdoor kitchen and breathtaking city views a true private retreat. Each home is intentionally separated with custom fencing, hedges, and private walkways, ensuring residents have their own gated entrance and dedicate outdoor space. Located just moments from Rose Ave & Abbot Kinney Blvd, this property places you in the heart of Venice's best shopping, dining, and coastal lifestyle. A place where generations can come together, yet live independently. A rare chance to own a multi-home sanctuary in one of LA's most coveted neighborhoods.
Presented By: Tyler Kunkle with Pardee Properties;

Interior Features for 705 6th Avenue

Bedrooms

Total Bedrooms11

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths9

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringWood
Heating Y/NYes
Interior AmenitiesCeilingFans
Total Stories2

General for 705 6th Avenue

Additional Parcels Y/NNo
AppliancesBarbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Architectural StyleTraditional
Attached Garage No
Cap Rate5.56
Carport Y/NYes
CityVenice
CoolingCentralAir
CountyLos Angeles
DirectionsNorth of California, East of Abbot Kinney, South of Rose, West of Lincoln
DisclosuresCoastalCommissionRestrictions, CoastalZone
Electric On Property Y/NNo
Full Baths
Garage Spaces2.0
Garage Y/NYes
Gross Income396000.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo, MultiSplit
Lot Size Square Feet5670.0
Lot Size UnitsSquareFeet
MLS AreaC11 - Venice
MobileHomeRemainsYNNo
Net Operating Income264300.0
New ConstructionNo
Number Of Units Total4
Pool FeaturesNone
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
ViewMountains
Virtual TourClick here
Year Built1924
ZoningLARD1.5

Exterior for 705 6th Avenue

Building Area Total4289.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1302
Lot Size Area5670.0
Number of Buildings3
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Open Parking Y/NNo
Parking FeaturesCarport, Garage
Private PoolNo
SpaNo
Total Parking5.0
WaterfrontY/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $4,749,000
MLS#25498789
List Date 02/14/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
Visit My Website

Similar Properties to 705 6th Avenue

Compare listings

Compare