Log In/Sign Up
Your email has been sent.
612 & 614 5th Ave
Venice, CA 90291
5th Avenue Modern Duplex · Multifamily Property For Sale
·
2 Units


Investment Highlights
- Built in 2020 with approximately 5,539 SF across two full-floor residences
- Potential pathway to separate condo/APN configuration subject to completion of City requirements and buyer verification
- Prime Venice/Westside location near the beach, Abbot Kinney, Silicon Beach, dining, and shopping
- Upper unit leased at $11,750/month with lower unit vacant August 1 for owner-user or projected rental opportunity
- Rooftop deck with panoramic city and mountain views plus private outdoor spaces
- Premium Viking and Wolf appliances with open-concept modern design and 5 garage parking spaces
Executive Summary
Built in 2020, this striking modern duplex offers a rare balance of thoughtful design, lifestyle flexibility, income potential, and long-term optionality. Spanning approximately 5,539 square feet, the property is configured as two full-floor residences, creating a seamless setup for multigenerational living, owner occupancy with rental income, or a future separate-sale strategy.
The upper residence features 4 beds / 5 baths and is currently rented for $11,750 per month. The lower residence offers 3 beds / 4 baths and is expected to be vacant August 1 for immediate owner occupancy or projected rent of approximately $9,300 per month. Combined, the property offers 7 beds / 7 full baths / 2 powder rooms, en suite bedrooms, premium Viking and Wolf appliances, generous open-concept living spaces, private outdoor areas, and a rooftop deck with panoramic city and mountain views.
A significant value driver is the permitted pathway to separate the property into two individual units/condominiums with separate APNs, subject to completion of remaining City B-permit requirements and buyer due diligence. With 5 garage parking spaces and a prime Westside location near the beach, Abbot Kinney, Silicon Beach, and sought-after restaurants and amenities, this newer-construction duplex delivers lifestyle, leverage, and future flexibility in one rare offering.
Buyer to independently verify all permits, approvals, APNs, B-permit requirements, deadlines, scope of work, contractor pricing, timelines, compliance obligations, and feasibility with the City of Los Angeles, Coastal Commission, qualified contractors, legal counsel, and any other appropriate professionals.
The upper residence features 4 beds / 5 baths and is currently rented for $11,750 per month. The lower residence offers 3 beds / 4 baths and is expected to be vacant August 1 for immediate owner occupancy or projected rent of approximately $9,300 per month. Combined, the property offers 7 beds / 7 full baths / 2 powder rooms, en suite bedrooms, premium Viking and Wolf appliances, generous open-concept living spaces, private outdoor areas, and a rooftop deck with panoramic city and mountain views.
A significant value driver is the permitted pathway to separate the property into two individual units/condominiums with separate APNs, subject to completion of remaining City B-permit requirements and buyer due diligence. With 5 garage parking spaces and a prime Westside location near the beach, Abbot Kinney, Silicon Beach, and sought-after restaurants and amenities, this newer-construction duplex delivers lifestyle, leverage, and future flexibility in one rare offering.
Buyer to independently verify all permits, approvals, APNs, B-permit requirements, deadlines, scope of work, contractor pricing, timelines, compliance obligations, and feasibility with the City of Los Angeles, Coastal Commission, qualified contractors, legal counsel, and any other appropriate professionals.
Property Facts
| Sale Type | Investment | Lot Size | 0.12 AC |
| No. Units | 2 | Building Size | 5,539 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | B | Year Built | 2020 |
| Zoning | RD1.5 - Multifamily residential property improved with two full-floor residences. Buyer to verify zoning and development potential. | ||
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 5,539 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 2020 |
| Zoning | RD1.5 - Multifamily residential property improved with two full-floor residences. Buyer to verify zoning and development potential. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+5 | 1 | $11,750 | - |
| 3+4 | 1 | $9,300 | - |
Property Taxes
| Parcel Number | 4240-014-004 | Improvements Assessment | $787,573 |
| Land Assessment | $1,590,427 | Total Assessment | $2,378,000 |
Property Taxes
Parcel Number
4240-014-004
Land Assessment
$1,590,427
Improvements Assessment
$787,573
Total Assessment
$2,378,000
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
