Share This Listing

Message

941 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

Welcome to The Bungalow Triplex, a rare Venice offering that perfectly blends charm, lifestyle, and income potential. Whether you're an owner-user seeking supplemental rental income, an investor looking to maximize returns, or exploring short-term rental opportunities, this unique property presents exceptional versatility in one of Los Angeles' most coveted coastal neighborhoods. Ideally located just moments from the Venice Canals, Venice Beach, and the renowned shops, restaurants, and boutiques of Abbot Kinney Boulevard, this is quintessential Venice living at its finest. The spacious rear residence is a 2-bedroom, 2.5-bath townhome-style unit spanning approximately 1,200 square feet. Designed to live like a single-family home, it features dual en-suite bedrooms, vaulted ceilings, a private balcony, and an open, airy floor plan that offers both comfort and privacy. At the front of the property are two charming 1-bedroom, 1-bath detached bungalows, each filled with natural light and character. The true appeal of this property is that every residence lives as its own private bungalow, a highly desirable feature that consistently attracts quality tenants in the Venice market. All three units have been thoughtfully updated with upgraded appliances, private in-unit washers and dryers, and benefit from recently replaced gas lines and a newer roof. The property also offers five parking spaces, beautifully landscaped communal outdoor areas, and an outdoor shower perfect for rinsing off after a day at the beach. With strong rental appeal, exceptional flexibility, and an unbeatable Venice location, The Bungalow Triplex presents a rare opportunity for both investors and owner-users to enjoy the best of coastal California living while generating meaningful income.

Property Facts

Price $2,695,000
Price Per Unit $898,333
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 2,673 SF
Average Occupancy 0%
No. Stories 2
Year Built 1947
Parking Ratio 1.87/1,000 SF
Zoning LARD1.5 - Restricted Density Multiple Dwelling

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - -
2+2.5 1 - -
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Very bikeable
80/100
  • Listing ID: 41334742

  • Date on Market: 7/17/2026

  • Last Updated:

  • Address: 521 Venice Way, Venice, CA 90291

Contact the Sale Advisor

The Bungalow Triplex | 521 Venice Way

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}