705 6th Ave - Apartments FOR SALE


Venice, CA 90291
$5,150,000 USD
310-907-6517
705 6th Ave, Venice, CA for Sale
$5,150,000 USD
Apartments - FOR SALE
1/39
null | 5.7% Cap Rate

705 6th Ave
Venice, CA 90291


OVERVIEW

Rare investment opportunity in the heart of Venice: perfect for multi generational living! An unparalleled opportunity in the heart of Venice, this perfectly located and meticulously designed four-home property offers the perfect blend of togetherness and independence ideal for multi-generational living or a high-yield investment with a 5.7% cap rate. The home is fully occupied at noted rents via the outstanding corporate rental platform however can be delivered VACANT at the close of escrow to suit a buyers needs. This unique gated sanctuary consists of a completely rebuilt two story front house, a spacious duplex, and a brand-new construction ADU with a rooftop deck, all designed to feel connected yet separate, with lush landscaping for natural privacy and security for each. Front House (3BD/3BA): Rebuilt in 2024, this modern two-story home is flooded with natural light from skylights and features an open floor plan, large kitchen, private bar/wine room, luxurious primary suite, private fenced yard, and in-unit laundry. Middle Duplex (Two 3BD/2BA Units): Thoughtfully remodeled, both units offer spacious open layouts, private outdoor areas enclosed by greenery, and in-unit laundry. Ideal for extended family, guests, or high-income rentals. ADU (2BD/2BA + Rooftop): Designed by renowned architect Robert Thibodeau, this brand-new (2024) standalone residence features an expansive rooftop deck with an outdoor kitchen and breathtaking city views a true private retreat. Each home is intentionally separated with custom fencing, hedges, and private walkways, ensuring residents have their own gated entrance and dedicate outdoor space. Located just moments from Rose Ave & Abbot Kinney Blvd, this property places you in the heart of Venice's best shopping, dining, and coastal lifestyle. A place where generations can come together, yet live independently. A rare chance to own a multi-home sanctuary in one of LA's most coveted neighborhoods.

FOR SALE DETAILS

PRICE

$5,150,000 USD

PRICE/SF

$1,201 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,287,500

CAP RATE

5.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

LARD1.5

APN/PARCEL ID

4239-002-026

ASK ABOUT THIS PROPERTY

Tami PardeePardee PropertiesMore Info
310-907-6517

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Tami PardeePardee PropertiesMore Info
310-907-6517

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.