Venice, CA 90291 837 Milwood Avenue

837 Milwood Avenue Venice, CA - Image 1837 Milwood Avenue Venice, CA - Image 2837 Milwood Avenue Venice, CA - Image 3
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Presented By: Consuela Kielbowicz with Del Rey Urban Brokerage Inc;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25559855
  • 07/02/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 3
  • Baths • 2
  • SQFT • 1,340
  • Garage • 2

Home Details

We're excited to share a fantastic opportunity to create value on one of the best streets in Venice. This income property is located on an extra-wide, tree-lined street, offering close proximity to Abbot Kinney, Rose Avenue, and some of the hottest new spots on Lincoln Blvd. The property itself boasts timeless charm and character, surrounded by lush landscaping and mature fruit trees. It's situated on a beautiful street among multi-million dollar properties. The front unit is a spacious and bright 2-bedroom, 1-bathroom unit with access to the front yard. The attached rear unit is a 1-bedroom, 1-bathroom unit with a separate entrance off the side yard. There's additional outdoor space between the units and the large two-car garage with an extra laundry room area. Both units feature many original finishes, hardwood floors, and great natural light. Please note that the property is currently tenant-occupied. This property can potentially work for an owner-user. Live in one of the units and build an Accessory Dwelling Unit (ADU) above the garage for additional income. Rent control laws apply, and all buyers to do their own due diligence as they relate to any tenant relocations. For Investors and Developers, the lot has tremendous potential to be transformed into a stunning duplex with the option for a third ADU unit, totaling three units. This is a unique opportunity in a highly desirable location for a savvy investor or owner-user. The property is being sold As-Is. Inspection reports are available upon request. DO NOT DISTURB TENANTS.
Presented By: Consuela Kielbowicz with Del Rey Urban Brokerage Inc;

Interior Features for 837 Milwood Avenue

Bedrooms

Total Bedrooms3

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths2

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInGarage
Total Stories

General for 837 Milwood Avenue

Additional Parcels Y/NNo
AppliancesGasRange, Oven
Attached Garage No
Carport Y/NNo
CityVenice
CoolingNone
CountyLos Angeles
DirectionsWest of Lincoln on the north side of Milwood Ave between Linden Ave and Oakwood.
DisclosuresPrincipalIsRealEstateLicensed
Facing DirectionSouth
Full Baths
Garage Spaces2.0
Garage Y/NYes
Gross Income52368.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet4380.0
Lot Size UnitsSquareFeet
MLS AreaC11 - Venice
MobileHomeRemainsYNNo
Net Operating Income96341.64
New ConstructionNo
Number Of Units Total2
Property Attached Y/NNo
Property ConditionFixer
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Year Built1950
ZoningLAR2

Exterior for 837 Milwood Avenue

Building Area Total1340.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions35x125
Lot FeaturesBackYard, FrontYard
Lot Size Acres0.1006
Lot Size Area4380.0
Number of Buildings2
Private PoolNo
SpaNo
Total Parking2.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,525,000
MLS#25559855
List Date 07/02/2025
Property Type Multi-Family
Phone 714.742.6515
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