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308 Venice Way

Venice, CA 90291

This rare Artist in Residence Live/Work compound in the heart of Venice Beach is perfect for a creative entrepreneur or investor who loves light-filled architecture, open interior space, and privacy.

Sales Price $3,900,000

Venice Single Family Home

Beds

2

Baths

3

Home Size

3350 Sq. Ft.

Lot Size

2750 Sq. Ft.

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This rare Artist in Residence Live/Work compound in the heart of Venice Beach is perfect for a creative entrepreneur or investor who loves light-filled architecture, open interior space, and privacy.

Designed by award winning and much lauded California architect and educator, David Ming-Li Lowe, the property is located steps from the world famous Boardwalk and the trendiest shops and restaurants on Abbot Kinney Blvd. The property is defined by two three-story buildings front and back, each overlooking an ultra private landscaped courtyard. These buildings are framed entirely with structural steel, with exposed posts, beams and cross bracing, which are a major design element on each floor. Translucent Kalwall building panels highlight the changing light throughout the day, and become glowing walls to the exterior at night. A three car garage with high ceilings and large industrial roll up doors make this space perfect for a workshop, storage or artist s studio. The open floor plans allow for any kind of office/living space configuration, which makes this property ideal for any usage by an owner/user. It s perfect for use as an office for a production or animation studio, tech startup, architect/design firm, etc. Alternatively, an investor can look to achieve a 4.50% proforma CAP rate in a very competitive Venice marketplace. It is a true original Venice Beach artist loft that embodies the ideal California lifestyle.

Highlights

  • 294 days on market
  • Built in 1984
  • Total parking spaces 3Car
  • Garage
  • Single Family Residence
  • Community | Venice
  • MLS# | IN22143235MR

Features

  • Electric, Gas, Heat Pump(s), Wall/Window Unit(s) Cooling
  • Central, Natural Gas Heat
  • Has View
  • Courtyard Views
Connect with an agent
Emma Russell
(1335)

Emma Russell

Partner | DRE #02007330

Listed By Kirsten Kaiyala · Side, Inc.

Explore Venice, CA

Perched right on the Pacific Ocean, this tight-knit community is a cultural hub, well known for its eccentricities and its beauty.

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