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Property Description

Welcome to The Bungalow Triplex, a rare Venice offering that perfectly blends charm, lifestyle, and income potential. Whether you're an owner-user seeking supplemental rental income, an investor looking to maximize returns, or exploring short-term rental opportunities, this unique property presents exceptional versatility in one of Los Angeles' most coveted coastal neighborhoods. Ideally located just moments from the Venice Canals, Venice Beach, and the renowned shops, restaurants, and boutiques of Abbot Kinney Boulevard, this is quintessential Venice living at its finest. The spacious rear residence is a 2-bedroom, 2.5-bath townhome-style unit spanning approximately 1,200 square feet. Designed to live like a single-family home, it features dual en-suite bedrooms, vaulted ceilings, a private balcony, and an open, airy floor plan that offers both comfort and privacy. At the front of the property are two charming 1-bedroom, 1-bath detached bungalows, each filled with natural light and character. The true appeal of this property is that every residence lives as its own private bungalow, a highly desirable feature that consistently attracts quality tenants in the Venice market. All three units have been thoughtfully updated with upgraded appliances, private in-unit washers and dryers, and benefit from recently replaced gas lines and a newer roof. The property also offers five parking spaces, beautifully landscaped communal outdoor areas, and an outdoor shower perfect for rinsing off after a day at the beach. With strong rental appeal, exceptional flexibility, and an unbeatable Venice location, The Bungalow Triplex presents a rare opportunity for both investors and owner-users to enjoy the best of coastal California living while generating meaningful income.

Overview

Property Status
For Sale
Lot Size
4,493 Sq.Ft.
MLS ID
26841919
Property Type
Multi-Family
Year Built
1947

Features & Amenities

Neighborhood
Santa Monica
Architecture Styles
Bungalow
Water Frontage
None
View Description
None
Pool
None
Lot Features
Landscaped, Fenced, Fenced Yard, Front Yard, Alley Paved, Yard
Parking
Assigned
Heat Type
Central
Air Conditioning
Window Unit(s)
Laundry Room
In Unit
Fireplace
Living Room
Appliances
Built-Ins, Dishwasher, Dryer, Microwave, Refrigerator, Range/Oven, Garbage Disposal, Washer
Security Features
Gated
Sales Price
$2,695,000
Zoning
LARD1.5

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521 Venice Way

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for your interest in 521 Venice Way, Venice, CA 90291

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