718 Hampton Drive, Venice, CA 90291

$3,975,000
4
BD
2
BA
1,710
SqFt
List Price
$3,975,000
Price Change
▼ $500,000 1667540088
Status
ACTIVE
MLS#
22199788
Year Built
1953
Bedrooms
4
Bathrooms
2
Living Sq. Ft
1,710
Lot Size
5,875
Lot Location
Landscaped
Days on Market
71
Property Type
Single Family Residential
Stories
One Level

Property Description

INCREDIBLE OPPORTUNITY - RARE 5,800+ sqft DOUBLE LOT w/ COMMERCIAL ZONING w/ 6 PARKING SPACES. Welcome to this 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 all around. Step into the first bungalow is infused in natural light. The kitchen has stainless steel appliances, ample storage, beautiful hardwood floors, and an open spacious floorplan. 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 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!

Additional Information

Appliances
Dishwasher, Refrigerator
Pool Description
None
View
None
Patio
Open, Patio
Sewer
Other
School District
Los Angeles Unified
Terms
Cash

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Tamra (Tami) Pardee (listingagents@pardeeproperties.com) from Listing Office: Pardee Properties.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.