218-220 Venice Way

Venice, CA 90291
Sold
$1,550,000
$1,550,000
218-220 Venice Way, Venice, CA 90291
Year Built
1953
Units
Duplex
Total interior livable area:
1,448 sqft
Size
2,783 sqft

About the property

CRI Brokerage proudly represented the buyer in the acquisition of a well-located duplex in the heart of Venice, just moments from Windward Circle, the iconic Venice sign, and a short walk to the beach.

Each unit features 2 bedrooms and 1 bathroom, with updated interiors, hardwood flooring, spacious living areas, and private outdoor patios. The property also includes a one-car garage currently utilized for storage and shared laundry.

With one unit delivered vacant, the asset offers flexibility for owner occupancy or immediate rental upside. Positioned near top dining, retail, and coastal amenities, this property presents a strong opportunity in one of Los Angeles’ most sought-after beachside communities.

Investment Highlights

  • Stable in-place income
  • Rent growth potential
  • Efficient utility structure
  • Strong market fundamentals
  • Value-add opportunities
  • Expansion or infill potential
  • High demand asset class
  • Limited local competition
  • Resilient cash flow profile
  • Expense optimization potential
  • Stable tenant base
  • Flexible hold strategy
  • Favorable demographics
  • NOI growth opportunities
  • Defensive market performance
  • Long-term income stability
Year Built
1953
Units
Duplex
Total interior livable area:
1,448 sqft
Size
2,783 sqft

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Dimitre Petrov
Dimitre Petrov
Executive Vice President of Investments
[email protected]949-996-7096

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