Venice, CA 90291,308 Venice Way
Venice, CA 90291,308 Venice Way
Venice, CA 90291,308 Venice Way
31
$3,900,000
$4,195,000
7.0%
Est.Price: ?

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2 BD
3 BA
3,350 SqFt

308 Venice Way Venice, CA 90291

Est. payment /mo
SOLD DATE : 06/20/2023

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Key Details

Sold Price $3,900,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,350 sqft

Price per Sqft $1,164

MLS Listing ID IN22143235

Style Detached

Bedrooms 2

Full Baths 2

Half Baths 1

Year Built 1984

Lot Size 2,750 Sqft

Property Description

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 artists 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. Its 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.
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 artists 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. Its 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.

Location

State CA

County Los Angeles

Area Venice (90291)

Interior

Heating Natural Gas

Cooling Heat Pump(s), Wall/Window, Electric, Gas

Equipment Dishwasher, Refrigerator

Laundry Garage

Exterior

Exterior Feature Fiberglass Siding, Metal Siding

Parking Features Garage

Garage Spaces 3.0

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Courtyard

Building

Lot Description Sidewalks

Story 3

Sewer Public Sewer

Water Public

Others

Monthly Total Fees $18

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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San Diego Regional MLS (SDMLS)
Listed by Kirsten Kaiyala • Side, Inc.
Bought with NON LISTED AGENT • NON LISTED OFFICE

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agent

Brenda Perez-Miranda

Agent | License ID: 01293185

+1(619) 846-9088

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