New to market - Discover a Venice duplex offering at 1121 Grant Ave where classic Westside character meets versatile income potential. With a lot size of 5,991 sqft, sits a large, peninsular garden property with mature, drought tolerant trees and landscaping with well designed private patio spaces for each unit.… Read More Both of the two units within the 1,934 sqft structure (upstairs - 1123 Grant and downstairs - 1121 Grant) feature 2-bedrooms, 1-bath residences, with original hardwood floors throughout, and expansive windows that create bright, airy interiors. One unit will be delivered vacant, the occupied unit is currently leased at market rate. Each residence opens to its own generously scaled private outdoor space ideal for morning coffee, remote work, entertaining, or just hanging out after a day at the beach. An attached oversized 2-car garage adds both convenience and flexibility. Set within the coveted President Streets, just moments from Abbot Kinney, the location offers a seamless connection to Venice's most sought-after dining, shopping, and coastal lifestyle. Positioned at the corner of Grant and Van Buren, west of Lincoln, the property presents a compelling opportunity for an owner-user, investor, or developer to reimagine and elevate. Centrally located with convenient access to the beach, Abbot Kinney, and the best of the Westside. A rare chance to secure a foothold in one of Venice's most desirable enclaves. LAR2 zoning offers excellent potential for additional units, including ADU opportunities (buyer to verify). Seller intends to complete a 1031 exchange at no cost or liability to Buyer. The property is easy to show, but please do not disturb occupants. *Offer deadline set for Wednesday April 22nd at 6:00 PM. Read Less
Property listed by Compass, Brett Doonan 310-259-7556
Listing Snapshot
Days Online
20
Last Updated
Beds
4
Square Ft.
1,934
Lot Size
0.14 Acres
Year Built
1949
MLS Number
26727881
Additional Details
Appliances & Equipment
Disposal, Oven, Refrigerator, Dryer, Washer
Building
Built in 1949, Living area: 1934.0, 1 building, Building faces West, 2 stories, Levels: Two, Construction Materials: Stucco
Community
Gated
Disclosures
RentControl
Exterior Features
Patio/Porch Features: Concrete, Open, Patio
Fireplaces
None
Floors
Carpet, Wood
Garage
2 spaces
Heating
Central
Income
Gross Income: $96,192, Net Operating Income: $48,096
Interior Features
CeilingFans, Storage
Laundry
LaundryRoom
Lot
0.1375 acres, BackYard, FrontYard, Lawn, Yard
Parking
2 total parking spaces, DoorMulti, Garage, OnStreet
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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