718 Hampton Dr

Venice, CA 90291

INCREDIBLE VALUE & OPPORTUNITY IN VENICE, JUST OFF ABBOT KINNEY!

Sales Price $3,750,000

Venice Single Family Home

Beds

2

Baths

2

Home Size

1710 Sq. Ft.

Lot Size

5875 Sq. Ft.

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INCREDIBLE VALUE & OPPORTUNITY IN VENICE, JUST OFF ABBOT KINNEY!

RARE 5,800+ sqft DOUBLE LOT COMPOUND w/ COMMERCIAL ZONING + 6 PARKING SPACES. Enjoy two side-by-side homes, that offer you a creative compound in the heart of Venice, nestled just behind Abbot Kinney, and a short walk to Venice Beach. Endless options here, with two side-by-side homes that have been reimagined as a collective creative haven, that exudes indoor/outdoor living at its finest. This sprawling property offers complete flexibility as a live/work retreat, live in one property while renting the other for passive income, or rent both making this the ultimate investment opportunity. This property is particularly well-suited for qualified SBA owner-users, who may assume the current owner's second trust deed at grandfathered-in low-interest rates (estimated around 2% below current rates, and based on qualification requirements).

About this home: Located on two contiguous lots, with 6 parking spaces these detached properties are surrounded and enveloped in lush mature greenery and fruit trees that encompass SoCal vibes. Step into the first bungalow is infused with natural light. The kitchen has stainless steel appliances, ample storage, beautiful hardwood floors, and a spacious open floor plan. The second bright and airy bungalow has exposed beam ceilings and an open flexible floorplan. Both buildings are equipped with air conditioning. Currently laid out as the perfect office space, think tank, or a blank canvas to bring your vision and designer's eye.

You'll Love: Cohesively integrated, properties like this are rarely available West of Lincoln. On a corner lot with a secure perimeter fence surrounding the entire property, you are down the street from Google and other tech companies, restaurants, shops, gyms, and neighboring creative studios. Live, work, and play with tons of space that flows throughout, and curated moments.

The Neighborhood: With Abbot Kinney truly at your doorstep, and seconds to the Rose Corridor, you are in the hub of some of the best restaurants, coffee shops, boutiques, and more in Los Angeles. Ride your bike to the beach, the Venice Canals, or stroll to Main Street. There is nothing else like this on the market - don't miss out!

Highlights

  • 35 days on market
  • Built in 1953
  • Total parking spaces 6Car
  • Side By Side, Uncovered, Assigned
  • Single Family Residence
  • Community | Venice
  • MLS# | 23-242655

Features

  • Air Conditioning Cooling
  • Central Heat
  • Wood Floors
Listed By
(1252)

Tami Pardee

Founder/CEO | DRE #01421451

Paige Ogden

Partner  |  DRE #02060052

Listed By Pardee Properties

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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