718 Hampton Dr, Venice, CA 90291
Property Description
INCREDIBLE VALUE & OPPORTUNITY IN VENICE, JUST OFF ABBOT KINNEY! RARE 5,800+ sqft DOUBLE LOT COMPOUND w/ COMMERCIAL ZONING + 6 PARKING SPACES. Enjoy two side-by-side homes, that offer you a 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. Step into the first bungalow is infused with natural light. The kitchen has stainless steel appliances, ample storage, beautiful hardwood floors, and a spacious open floor plan. 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 a 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!
Listed for $3,750,000
Courtesy of Pardee Properties 310-907-6517
Property Details and Features
- Appliances and Equipment
- Ceiling Fan
- Dishwasher
- Refrigerator
- Freezer
- Bathrooms
- 2.00 total bathrooms
- 2 half bathrooms
- Powder Room
- Bedrooms
- 2 total bedrooms
- House
- 1,710 sq ft
- Built in 1953
- Levels: One
- Detached/No Common Walls
- California Bungalow
- Cooling
- Air Conditioning
- Disclosures
- As Is
- Coastal Commission Restrictions
- Listing Broker Advantage
- Coastal Zone
- Exterior Features
- Patio Open
- Fence
- Wood
- Fireplaces
- None
- Floors
- Wood
- Garage
- Side By Side
- Uncovered
- Assigned
- Water
- Water: Public
- Heating
- Central
- Home Owner’s Association
- HOA Present
- Laundry
- None
- Listing
- Furnished: Unfurnished
- ListDate: 2023-02-16
- PricePerSqFt: $2,193
- 37 days on market
- Location
- County: Los Angeles
- ListingArea: Venice
- Lot
- LotAcreage: 0.0729
- LotSizeArea: 5,875
- 2-4 Lots
- Automatic Gate
- Fenced
- Landscaped
- Fenced Yard
- Alley Access
- Corner Lot
- Miscellaneous
- Coastal Commission
- Property Report
- Parking
- OpenOtherSpacesTotal: 6
- TotalParking: 6
- Pool
- PoolYN: False
- None
- Property
- EntryLocation: Ground Level w/steps
- PropertySubType: Single Family Residence
- Zoning: LAC2
- Sliding Glass Doors
- Schools
- SchoolDistrict: Los Angeles Unified
- Sewer
- In Street
- Spa
- Has spa
- None