312 1/2 Market Street

Venice, CA 90291

$1,850,000
Price
4
Beds
3
Baths
1,960 Sq. Ft.
$944 / Sq. Ft.
1,960
Sq. Ft.
$944
per Sq. Ft.

Description

Exciting Opportunity in Venice Beach Charming Renovated Home with Endless Potential! Discover this beautifully renovated and vacant (2bed/2bath) Venice home ready for immediate occupancy! Plus you get a 2nd (2bed/1bath) unit that generates income. This is the perfect opportunity for owner-users to live in one unit while renting the other or to vacate 2nd unit and occupy both units. The vacant unit boasts a spacious 2-bedroom, 2-bathroom layout with a private front and back yard and includes a vacant...Exciting Opportunity in Venice Beach Charming Renovated Home with Endless Potential! Discover this beautifully renovated and vacant (2bed/2bath) Venice home ready for immediate occupancy! Plus you get a 2nd (2bed/1bath) unit that generates income. This is the perfect opportunity for owner-users to live in one unit while renting the other or to vacate 2nd unit and occupy both units. The vacant unit boasts a spacious 2-bedroom, 2-bathroom layout with a private front and back yard and includes a vacant garage with storage space that is ideal as a home office, gym, media room or creative office. The fully renovated downstairs unit, (with permits), features a custom kitchen adorned with modern cabinets, designer tiles, and sleek matte black fixtures. Enjoy new flooring, windows, and recessed lighting throughout, as well as two stylish full bathrooms with floating vanities. The unit also includes a new mini-split HVAC system for air conditioning and heating, in-unit laundry, and stainless steel appliances. Step outside to your private front and back yard perfect for relaxing or entertaining guests. This is an exceptional opportunity for discerning buyers, whether you are seeking a smart investment or a home where you can live in one unit while generating income from the other. Located just moments from Abbott Kinney and the iconic Venice Beach, this property offers the best of California living in a vibrant, historic neighborhood. Additionally, there are preliminary plans to add two detached ADUs in the back, the potential for increased value and future growth is significant. Embrace the Venice lifestyle, spend your days on the beach, shopping, and dining on Abbot Kinney, and savor the endless California summer in this dream property.
  1. Listed by Sandra Miller • DRE #01446377 • Brokerage DRE #01446377 • ENGEL & VÖLKERS Santa Monica

Property Details for 312 1/2 Market Street

Water Front
None
Zoning
LARD1.5
Style
Traditional
Parcel Number
4238008027
Living Area
1960
Source Living Area
Assessor
Area
Venice (C11)
Lot Size Area
2848
LISTING UPDATED: 11/08/2024 09:45 AM

Property Details for 312 1/2 Market Street

StatusActive
MLS #24-435711
Days on Market79
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1938
Lot Size0.07 AC / 2,848 SF
CountyLos Angeles County

Building Information for 312 1/2 Market Street

Stories2Year Built1938Building Size-Lot Size0.07 AC / 2,848 SF

Property Information for 312 1/2 Market Street

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • View: Yes
  • View Description: Tree Top, Other
  • Guest House: None
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Maids Room: false
  • Water: Public
  • Sewer: In Street
Contract Info
Contract Info
  • Probate: No
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Disclosures: Coastal Zone, Coastal Commission Restrictions
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Land Lease Purchase: No
  • Horse: No
  • Special Zoning: Coastal Commission, Property Report
  • Additional Parcel Number: No
  • Lot Acreage: 0.0654
  • Lot Size Square Feet: 2848
  • Lot Location: Alley Access
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 2
  • Covered Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage
Interior Features
Interior Features
  • Room Type: Living Room, Bonus Room
  • Rooms: Breakfast Area, Patio Open, Living Room, Dining Area, Bonus Room
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Engineered Hardwood, Mixed
  • Equipment: Ceiling Fan, Garbage Disposal, Range/Oven, Refrigerator
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Attached
  • Laundry: In Unit
  • Eating Areas: Breakfast Area
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-05-2024

Property History for 312 1/2 Market Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 312 1/2 Market Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Westminster Avenue Elementary School
PublicK to 5

Venice Senior High School
Public9 to 12

Animo Venice Charter High School
Charter9 to 12

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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312 1/2 Market Street is a single family home for sale in Venice, CA 90291. This property was listed for sale on September 4, 2024 by ENGEL & VÖLKERS Santa Monica, it's currently listed at $1,850,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Westminster Avenue Elementary School, Mark Twain Middle School and World Languages Magnet and Venice Senior High School. 312 1/2 Market Street is a 4-bed, 3-bath, 1,960 sqft single family home built in 1938.

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 ENGEL & VÖLKERS Santa Monica, Sandra Miller, DRE #01446377

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.