1603 Shell Avenue, Unit 1601

Venice, CA 90291

$6,945,000
Price
7
Beds
7
Baths
5,600 Sq. Ft.
$1,240 / Sq. Ft.
5,600
Sq. Ft.
$1,240
per Sq. Ft.

Description

A coveted corner lot hosting a 3,500 sq ft smart home and a 2,100 sq ft guest house, each with its own distinct address yet harmoniously united in design. These structures are bathed in natural light through expansive picture windows, ensuring that every room is a canvas of sunlight and shadow. The main residence offers four bedrooms, four bathroom and five car parking. The guest house / office is a standalone gem, offers three bedrooms and three bathrooms, extending the main house's functionality;...A coveted corner lot hosting a 3,500 sq ft smart home and a 2,100 sq ft guest house, each with its own distinct address yet harmoniously united in design. These structures are bathed in natural light through expansive picture windows, ensuring that every room is a canvas of sunlight and shadow. The main residence offers four bedrooms, four bathroom and five car parking. The guest house / office is a standalone gem, offers three bedrooms and three bathrooms, extending the main house's functionality; ideal for hosting events, accommodating guests, or serving as an office, music, or art studio. The second unit could also be a rental to offset expenses. Its adaptable design includes the option to remove a wall between bedrooms, creating a spacious, open area that evolves with the owner's needs. The two residences can be effortlessly merged, forming a cohesive and expansive estate. The Nexus Retreat is a modern sanctuary designed by Woods+Dangaran. It blends industrial aesthetics with Zen-inspired tranquility, using concrete, steel, and natural wood. The minimalist design and abundant natural light create a peaceful atmosphere, making it more than just a home it's a lifestyle choice for both dynamic living and quiet introspection. At the corner of Shell and Palms, you're steps from Abbot Kinney's chic boutiques and dining, with the beach and LAX just minutes away. Walk Score 94, Bike Score 96. A short drive brings you to top athletic venues like the Toyota Sports Center, perfect for athletes or coaches needing easy access to training. Tech and aerospace pros will appreciate the proximity to Silicon Beach's innovation hub, while entertainment industry peeps are close to major studios and cultural landmarks. 1601 Shell Ave offers the best of Venice living with seamless access to LA's vibrant pulse. ****The use of terms such as "Zen," "serene," "peaceful," and similar descriptors in the descriptions of 1601 Shell Avenue and The Nexus Retreat are intended to convey the subjective experience and ambiance of the property as perceived by the owner/agents and may not reflect everyone's perception or the exact nature of the property. These terms are not intended to be literal guarantees or promises of the property's atmosphere, and individual experiences may vary. Potential buyers are encouraged to schedule a private showing to personally experience the property and determine if it meets their expectations.****

Listing Agents

  1. Katy Lynn

    Katy Lynn

    Listing Agent

    Compass

    DRE #01526774

    katylynn@compass.com

    P: (747)-755-5289

  2. Mark Mintz

    Mark Mintz

    Alternative Listing Agent

    Compass

    DRE #01859203

    mintz@compass.com

    P: (310)-991-3808

Property Details for 1603 Shell Avenue, Unit 1601

Zoning
LAR2
Style
Modern
Cross Streets
Palms
Parcel Number
4241014022
Total Units
2.0
Living Area
5600
Source Living Area
Builder
Area
Venice (C11)
LISTING UPDATED: 11/11/2024 12:09 PM

Property Details for 1603 Shell Avenue, Unit 1601

StatusActive
MLS #24-438323
Days on Market72
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2020
Lot Size0.13 AC / 5,740 SF
CountyLos Angeles County
Buyer's Agent Compensation2.5%

Building

1603 Shell Ave

3 StoriesBuilt in 2020

Building Information for 1603 Shell Avenue, Unit 1601

Stories3Residences-Year Built2020Building Size-Lot Size0.13 AC / 5,740 SF

Property Information for 1603 Shell Avenue, Unit 1601

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Owner
  • Number Of Stories: 3
  • Number Of Buildings: 2
  • Type Of Units: Residential
  • Unit Number: 1601
  • View: Yes
  • View Description: Tree Top
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), T.V., Prewired for alarm system, Owned, Fire Rated Drywall, Smoke Detector
  • Water Heaters: Yes
  • Water Heater Features: Tankless
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $33,000
  • Net Operating Income: $33,000.00
  • Gross Income: $33,000
  • Gross Rent Multiplier: $.00
  • Financial Info as Of: 09/01/2024
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1318
  • Lot Size Square Feet: 5740
  • Lot Size Dimensions: 43x132
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Location: Corner Lot, Flats
Parking Details
Parking Details
  • Parking Garage: Auto Driveway Gate
  • Total Parking: 5
  • Garage Spaces Total: 2
  • Carport Spaces Total: 3
  • Parking Features: Auto Driveway Gate
Interior Features
Interior Features
  • Rooms: Breakfast Bar
  • Levels: Three Or More
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Heat Pump, Central Air
  • Cooling Type: Air Conditioning, Heat Pump(s), Central
  • Heating: Combination, Radiant, Central
  • Heating Type: Combination, Radiant, Central
  • Flooring: Stained Concrete, Hardwood
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Network Wire, Washer
  • Interior Features: Sunken Living Room
  • Room Bathroom Features: Bidet, Vanity area
  • Bathroom Features: Bidet, Double Vanity(s), Steam Shower
  • Bedroom Features: Master Retreat, Master Suite, Dressing Area, All Bedrooms Up, 2 Master Bedrooms
  • Common Walls: Attached
  • Cooking Appliances: Cooktop - Gas, Gas Grill
  • Laundry: Inside, Laundry Area, On Upper Level
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Exterior Features: Rain Gutters
  • Windows: Drapes/Curtains, Double Pane Windows, Custom Window Covering
  • New Construction: No
  • Other Structural Features: Balcony, Barbecue Private, Custom Built, Rain Gutters
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-11-2024
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $20,000.00
  • Unit Actual Rent: $25,000.00
  • Unit Projected Rent: $25,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $6,000.00
  • Unit Actual Rent: $8,000.00
  • Unit Projected Rent: $8,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 1603 Shell Avenue, Unit 1601

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1603 Shell Avenue, Unit 1601

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Westminster Avenue Elementary School
PublicK to 5

Walgrove Avenue Elementary School
PublicK to 5

Broadway Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1603 Shell Avenue, Unit 1601 is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on September 11, 2024 by Compass, it's currently listed at $6,945,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Westminster Avenue Elementary School, Walgrove Avenue Elementary School and Broadway Elementary School. 1603 Shell Avenue, Unit 1601 is a 7-bed, 7-bath, 5,600 sqft multi-family home built in 2020.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Katy Lynn, DRE #01526774; Compass, Mark Mintz, DRE #01859203

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.