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TNG Real Estate Consultants

info@tngrealestate.com +1(714) 987-3310

$1,749,000

Est. payment - /mo

4 Beds

2 Baths

1,934 SqFt

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Open House

Sun Aug 16, 1:00pm - 3:00pm

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,934 sqft

Price per Sqft $904

MLS Listing ID 26867351

Bedrooms 4

HOA Y/N No

Year Built 1949

Lot Size 5,989 Sqft

Property Description

Own in Venice while your property helps pay for itself. 1121-1123 Grant Ave presents a rare opportunity for a first-time buyer to step into homeownership with $4,008 per month in existing rental income helping offset the mortgage and property taxes from day one. Live upstairs in the vacant 2-bedroom, 1-bath residence, complete with original hardwood floors, abundant natural light, exclusive access to the property's oversized 2-car garage, and a large private grassy yard that feels like an extension of the home. Downstairs, the second 2-bedroom, 1-bath residence is already tenant-occupied at $4,008 per month, creating meaningful built-in income without sacrificing your own privacy or outdoor space. Set on a generous 5,991-square-foot corner lot in Venice's coveted President Streets, the property is surrounded by mature, drought-tolerant landscaping, with thoughtfully separated outdoor areas for each residence. It's an opportunity to enjoy the space, garage, yard, and lifestyle of a single-family home while benefiting from the economics of a duplex. Just moments from Abbot Kinney, the beach, dining, shopping, and everything that makes Venice one of LA's most desirable neighborhoods, 1121 Grant offers an unusually compelling way to establish a foothold on the Westside. LAR2 zoning also provides future potential for additional units or ADU opportunities (buyer to verify). Live upstairs. Rent downstairs. Own a piece of Venice. Seller intends to complete a 1031 exchange at no cost or liability to Buyer.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LAR2

Interior

Heating Wall Furnace

Cooling None

Flooring Wood

Fireplace No

Appliance Refrigerator, Dryer, Washer

Laundry Laundry Room, Outside

Exterior

Parking Features Door-Multi, Garage, On Street

Total Parking Spaces 2

Building

Lot Description Back Yard, Front Yard, Lawn, Landscaped, Yard

Faces West

Story 2

Entry Level Two

Sewer Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4237030014

Special Listing Condition Standard

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Listed by Brett Doonan Compass #02214158

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TNG Real Estate Consultants

+1(714) 987-3310

Agent | License ID: 01886242

Agent License ID: 01886242

1121 Grant AVE Venice, CA 90291

TNG Real Estate Consultants

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Key Details

Location

Interior

Exterior

Building

Others

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