308 Venice Way

Venice, CA, 90291

$4,375,000

$1,305 per ft²
$4,375,000
$1,305 per ft²
Active
Active
 - For Sale
beds
2 Beds
baths
3 Baths
carpenters-square
3,350 ft²
property_type
Residential
calendar
Built 1984
This rare Artist in Residence Live/Work compound in the heart of Venice Beach is perfect for a creative entrepreneur or investor who loves light-filled architecture, open interior space, and privacy. Designed by award winning and much lauded California architect and educator, David Ming-Li Lowe, the property is located steps from the world famous Boardwalk and the trendiest shops and restaurants on Abbot Kinney Blvd. The property is defined by two three-story buildings front and back, each overlooking an ultra private landscaped courtyard. These buildings are framed entirely with structural steel, with exposed posts, beams and cross bracing, which are a major design element on each floor. Translucent Kalwall building panels highlight the changing light throughout the day, and become glowing walls to the exterior at night. A three car garage with high ceilings and large industrial roll up doors make this space perfect for a workshop, storage or artists studio. The open floor plans allow for any kind of office/living space configuration, which makes this property ideal for any usage by an owner/user. Its perfect for use as an office for a production or animation studio, tech startup, architect/design firm, etc. Alternatively, an investor can look to achieve a 4.32% proforma CAP rate in a very competitive Venice marketplace. It is a true original Venice Beach artist loft that embodies the ideal California lifestyle. *Buyer to verify square footage and perform their own inspections, as there may be unpermitted improvements on the premises.
MLS® ID:
IN22143235
Listed:
6/26/22
Updated:
10/1/22

Interior Features

Kitchen Appliances
Dishwasher, Refrigerator, Tankless Water Heater, Instant Hot Water
Total Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Interior Features
Beamed Ceilings, Living Room Deck Attached, Wet Bar
Laundry Description
In Garage
Fireplace
None
Cooling
Heat Pump, Wall/Window Unit(s), Electric, Gas
Heating
Natural Gas, Forced Air

Exterior/Building Features

Lot Size
2,748 ft² lot
Lot Details
Sidewalks, Urban
Sewer
Public Sewer

Other Property Details

Garage
Yes
Garage Spaces
3
Parking
Garage(Garage)
Parking Total
3.0
View
Y
County
Los Angeles
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Water Source
Public
Pool
No
Pool Description
None
Total Stories
3

 

Courtesy of Kirsten Kaiyala, Side, Inc. 

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Data last updated 3:01 PM UTC, 10/1/22

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