Welcome to "The Bungalow Triplex" in the vibrant neighborhood of Venice, California. This property offers the perfect opportunity for an owner/user to generate income, an investor looking to rent all three units, or short term rental potential. Located in close proximity to the Venice Canals, the beach, and all that Abbot Kinney Blvd has to offer - this is quintessential Venice living! The 2 bed, 2.5 bath back unit lives like a single family townhome featuring dual en suites that provide ample space and privacy for residents and guests. With vaulted bedroom ceilings and a private balcony, this 1200 sqft unit has an airy, open atmosphere. The two front units are 1 bed/1 bath bungalows each filled with sunlight and charm. All of the three units have upgraded appliances, their own washer/dryer, and recently replaced gas lines and roof. The property has 5 car parking spaces, and beautifully landscaped shared outdoor space with an outdoor shower. Each unit is it's own bungalow - exactly what people desire in Venice. Whether you're an owner/user, or investor, this triplex presents endless opportunities.
For sale
$2,695,000
521 Venice Way, Venice, CA 90291
4beds
5baths
2,673sqft
Est.:
Multi Family
Built in 1947
-- sqft lot
$2,624,700 Zestimate®
$1,008/sqft
$-- HOA
What's special
Private balconyOutdoor showerUpgraded appliancesDual en suitesVaulted bedroom ceilings
- 97 days |
- 261 |
- 14 |
Zillow last checked: 8 hours ago
Listing updated: September 04, 2025 at 04:51am
Listed by:
Simon Mashian DRE # 01776131 310-666-8646,
Christie's International Real Estate SoCal 424-249-7162
Source: CLAW,MLS#: 25583357
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Heating
- Central
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Range/Oven, Disposal, Washer
- Laundry: In Unit
Features
- Built-Ins
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 2,673
- Total interior livable area: 2,673 sqft
Property
Parking
- Total spaces: 5
- Parking features: Assigned
Features
- Levels: Multi/Split
- Exterior features: Balcony
- Pool features: None
- Spa features: None
- Fencing: Fenced,Fenced Yard
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 4,491.04 Square Feet
- Features: Landscaped, Front Yard, Yard, City Lot
Details
- Additional structures: None
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Condition
- Updated/Remodeled
- Year built: 1947
Community & HOA
Community
- Security: Gated
Location
- Region: Venice
Financial & listing details
- Price per square foot: $1,008/sqft
- Tax assessed value: $2,448,000
- Date on market: 9/4/2025
- Road surface type: Alley Paved
Estimated market value
$2,624,700
$2.49M - $2.76M
$8,903/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2025 | Listed for sale | $2,695,000-2.7%$1,008/sqft |
Source: | ||
| 4/17/2025 | Listing removed | $2,769,000$1,036/sqft |
Source: | ||
| 3/20/2025 | Price change | $2,769,000-0.9%$1,036/sqft |
Source: | ||
| 3/7/2025 | Price change | $2,793,0000%$1,045/sqft |
Source: | ||
| 2/13/2025 | Price change | $2,794,0000%$1,045/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$16,855/mo
Principal & interest
$13307
Property taxes
$2605
Home insurance
$943
Climate risks
Neighborhood: Venice
Nearby schools
GreatSchools rating
- 7/10Westminster Avenue Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Mark Twain Middle School and World Languages MagnetGrades: 6-8Distance: 1.6 mi
- 8/10Venice Senior High SchoolGrades: 9-12Distance: 1.4 mi
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