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2318 Beach Ave

Venice, CA 90291
  • $2,750,000
  • STATUS: Closed
  • ON SITE: 124 Days
  • MLS #: 24-450687
Sold - 02/14/2025
$2,750,000
SOLD - 02/14/2025
  • 5
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,519
    SQFT
  • $1,092
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1936
County:
Area:

School Ratings & Info

Description

Exquisite triplex nestled on a prime corner lot in Venice's highly sought-after Silver Triangle neighborhood. This impeccably maintained property offers the charm and feel of single-family living with three unique individual homes, each with its own address and each providing tremendous privacy. Perfect for owner-occupants or investors seeking income opportunities in one of LA's most vibrant and desirable areas. 2,519 SF of total interior living space and tremendous lush outdoor areas, this property has been thoughtfully updated including new windows, wood like flooring, modern lighting and recent exterior painting. Additional features include WIFI thermostats, and built-ins throughout enhance comfort and convenience. The townhouse-style unit, 2318 Beach Ave, features an open-concept layout with a modern kitchen flowing into the dining, living area and outdoor oasis ideal for entertaining. Upstairs, the primary bedroom offers garden views with ample closet space and no common wall. The second room on the first level is a flexible space that provides extra space for sleeping quarters or a den/office. 614 Mildred Ave is a single-level residence offering two bedrooms and one bathroom beautifully remodeled with a lovely outdoor lounge area. 618 Mildred has no common walls at all and as you enter the gate from the street level you will find yourself in a private garden space with steps leading to the front door. Upon entering this charming and bright one bedroom with laminate floors, there are windows on all sides, beautiful kitchen and remodeled en-suite bathroom. All units have their own private outdoor spaces, mature landscaping, and laundry facilities, making them perfect for residents seeking the ultimate Venice lifestyle. Moments away from Abbot Kinney Blvd, Venice Beach, and the iconic Venice Canals, this triplex is a rare opportunity to own a stylish, income-generating property in the heart of Silicon Beach. 2318 Beach Ave unit will be delivered vacant. Experience the best of coastal living while enjoying the benefits of a versatile, move-in-ready investment. Don't miss out on this gem - Venice's finest awaits!

Sold by Jennifer Portnoy BRE#01215535 of Compass.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-18T16:43:07.31. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/156801094
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2318 Beach Ave Venice, CA 90291

  • Price: $3,195,000
  • Status: Closed
  • On Site: 124 Days
  • Updated: 21 min ago
  • MLS #: 24-450687
5
Beds
3
Baths
0
½ Baths
0.1
Acres
2,519
SQFT
$1,092
$/SQFT
1936
Built
Neighborhood:
Venice
County:
Los Angeles
Area:
Venice
Property Description
Exquisite triplex nestled on a prime corner lot in Venice's highly sought-after Silver Triangle neighborhood. This impeccably maintained property offers the charm and feel of single-family living with three unique individual homes, each with its own address and each providing tremendous privacy. Perfect for owner-occupants or investors seeking income opportunities in one of LA's most vibrant and desirable areas. 2,519 SF of total interior living space and tremendous lush outdoor areas, this property has been thoughtfully updated including new windows, wood like flooring, modern lighting and recent exterior painting. Additional features include WIFI thermostats, and built-ins throughout enhance comfort and convenience. The townhouse-style unit, 2318 Beach Ave, features an open-concept layout with a modern kitchen flowing into the dining, living area and outdoor oasis ideal for entertaining. Upstairs, the primary bedroom offers garden views with ample closet space and no common wall. The second room on the first level is a flexible space that provides extra space for sleeping quarters or a den/office. 614 Mildred Ave is a single-level residence offering two bedrooms and one bathroom beautifully remodeled with a lovely outdoor lounge area. 618 Mildred has no common walls at all and as you enter the gate from the street level you will find yourself in a private garden space with steps leading to the front door. Upon entering this charming and bright one bedroom with laminate floors, there are windows on all sides, beautiful kitchen and remodeled en-suite bathroom. All units have their own private outdoor spaces, mature landscaping, and laundry facilities, making them perfect for residents seeking the ultimate Venice lifestyle. Moments away from Abbot Kinney Blvd, Venice Beach, and the iconic Venice Canals, this triplex is a rare opportunity to own a stylish, income-generating property in the heart of Silicon Beach. 2318 Beach Ave unit will be delivered vacant. Experience the best of coastal living while enjoying the benefits of a versatile, move-in-ready investment. Don't miss out on this gem - Venice's finest awaits!
Exterior Features

Cross Streets Beach Ave / Mildred Ave Entry Location Living Room Levels TwoMulti/SplitOne Lot Size Area 4428 Other Structures Accessory Bldgs Parking Garage On street Patio Features Rock/StonePatio OpenBalcony Pool Description None Pool YN No Spa None Spa YN No Sprinklers Sprinkler System Style Contemporary Total Parking 0 View Description Other View YN Yes

Interior Features

Bathroom Features Low Flow Toilet(s)RemodeledLinen ClosetTile Bedroom Features Ground Floor PrimaryWalkInClosetPrimary BedroomMain Floor Bedroom Common Walls Attached Cooking Appliances Cooktop - GasRangeRange HoodOvenBuilt-In And Free Standing Cooling Ceiling Fan Den Yes Dining Room No Equipment DryerDishwasherCeiling FanBuilt-InsFreezerGarbage DisposalMicrowaveWasherRange/OvenRefrigerator Family Room No Flooring LaminateOther Heating Wall Interior Features Detached/No Common WallsBuilt-InsRecessed LightingStorage SpaceLaundry - Closet StackedOtherOpen Floor Plan Kitchen Features Granite CountersRemodeledSkylight(s)PantryCounter TopGalley Kitchen Laundry In Unit Laundry Equipment Own Rooms Den/OfficePatio OpenBonus RoomLiving Room Water Heater Features Gas

Property Features

Assessed Total Value 2299870 Disclosures As IsCoastal ZoneCoastal Commission Restrictions Gross Income 159600 Gross Operating Income 159600 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 136490.00 Number Of Buildings 2 Number Of Units 3 Property Condition Updated/Remodeled Sale Type Standard Security Features Carbon Monoxide Detector(s)Smoke Detector Source Living Area Other Source Lot Size Area Vendor Enhanced Tenant Pays GasWaterElectricityTrash CollectionInsurance Total Annual Expense 36850 Type Of Units SFRApt Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning LAR1

Listing provided courtesy of Jennifer Portnoy DRE#01215535 of Compass: 310-437-7500.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-18T16:43:07.31. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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