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40 30th Ave - VENICE DUPLEX 1 BLOCK FROM BEACH! 2 Unit Apartment Building Offered For Sale Venice, CA 90291



Investment Highlights
- HEAVILY UPDATED AND RENOVATED DUPLEX
- AROUND THE CORNER FROM WASHINGTON BLVD.
- 1 BLOCK FROM THE SAND
- TWO EXTRA NON-CONFORMING UNITS FOR FLEXIBLE USE
Executive Summary
A rare opportunity to own a heavily updated duplex in a prime part of Venice with on-site parking. 40 30th Avenue is ideally positioned just steps from the beach and around the corner from the restaurants, shops, and neighborhood favorites along Washington Blvd.
The property has been extensively and tastefully updated. Both units were fully remodeled, and significant building upgrades include fully updated electrical system/meters, updated windows, copper plumbing and a new roof installed in 2022.
Adding to the property's upside and value-add play are two non-conforming studio units, providing a new owner with some exciting options such as mid-term rentals (Buyer to verify). One of them has been fully remodeled and offers the possibility of permitting it to become an ADU. Buyer to verify allowability with the City. The other unit could offer an owner the option of a work office or creative studio space.
This gem offers proximity to the beach with three on-site parking spaces including one enclosed garage. The large private patio is perfect for entertaining, relaxing, and enjoying the sun and coastal air of beach city life. With its prime location near the sand and Washington Boulevard, remodeled units, significant capital improvements, valuable on-site parking, and flexible additional spaces, 40 30th Avenue, represents a truly unique Venice offering with multiple paths for an investor to enjoy and unlock additional value.
The property has been extensively and tastefully updated. Both units were fully remodeled, and significant building upgrades include fully updated electrical system/meters, updated windows, copper plumbing and a new roof installed in 2022.
Adding to the property's upside and value-add play are two non-conforming studio units, providing a new owner with some exciting options such as mid-term rentals (Buyer to verify). One of them has been fully remodeled and offers the possibility of permitting it to become an ADU. Buyer to verify allowability with the City. The other unit could offer an owner the option of a work office or creative studio space.
This gem offers proximity to the beach with three on-site parking spaces including one enclosed garage. The large private patio is perfect for entertaining, relaxing, and enjoying the sun and coastal air of beach city life. With its prime location near the sand and Washington Boulevard, remodeled units, significant capital improvements, valuable on-site parking, and flexible additional spaces, 40 30th Avenue, represents a truly unique Venice offering with multiple paths for an investor to enjoy and unlock additional value.
Property Facts
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 2 | Year Built/Renovated | 1969/2024 |
| Property Type | Multifamily | Parking Ratio | 0.92/1,000 SF |
| Building Size | 3,270 SF |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 3,270 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2024 |
| Parking Ratio | 0.92/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $6,695 | - |
| 2+2 | 1 | $3,295 | - |
1 1
Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
70/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 4226-023-026 | Improvements Assessment | $237,217 |
| Land Assessment | $304,996 | Total Assessment | $542,213 |
Property Taxes
Parcel Number
4226-023-026
Land Assessment
$304,996
Improvements Assessment
$237,217
Total Assessment
$542,213
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40 30th Ave - VENICE DUPLEX 1 BLOCK FROM BEACH!
