Venice Homes with Converted Garage Parking features

Venice Homes with Converted Garage Parking features

Welcome to Venice, California—a vibrant coastal gem that perfectly blends bohemian charm with modern living. Nestled in Los Angeles County, this eclectic neighborhood is famed for its stunning beaches, artistic spirit, and lively boardwalk. Venice offers a unique lifestyle, where you can stroll along the picturesque canals, indulge in local eateries, and soak up the sun on the sandy shores. With a rich history steeped in creativity and culture, it's no wonder that Venice attracts artists, dreamers, and beach enthusiasts alike.

As you explore the real estate options in this enchanting city, consider the allure of homes with converted garage parking features. These innovative spaces not only provide secure parking but also offer versatile opportunities for homeowners. Imagine transforming your garage into a cozy studio, a home office, or even a guest suite—perfect for hosting friends or generating rental income. The flexibility of these spaces adds immense value to your property, allowing you to tailor your home to suit your lifestyle.

Venice's real estate market is thriving, with a diverse range of properties that cater to various tastes and budgets. From charming bungalows adorned with artistic murals to sleek modern homes with ocean views, there's something for everyone. The added benefit of converted garage parking makes these homes even more appealing, providing convenience and functionality in a city where space can be at a premium.

Whether you’re looking for a permanent residence or a vacation getaway, Venice, CA, with its captivating charm and practical home features, is the perfect place to call home. Discover the magic of Venice today!

Newest Venice Homes with Converted Garage Parking features

$2,995,000
6 Beds 6 Baths 26835373 MLS Active Status
Positioned in one of Venice's most coveted pockets just steps from the iconic Walk Streets, the vibrant boutiques of Abbot Kinney, and the ocean, this unique four-unit compound presents an exceptional value opportunity west of Lincoln. Tucked behind mature, lush landscaping on one of Venice's best streets, the property features almost 3,000 sqft of charming living spaces, complemented by a communal laundry facility and a 1-car garage. Delivered completely vacant, this compound serves as a turnkey canvas ready to be optimized to its full short-term rental potential. The spacious 1,500 sqft original Spanish-style front home features two bedrooms and three bathrooms, anchored in the rear by a completely detached 735 sqft upstairs apartment containing two bedrooms and one bathroom. The remaining footprint is composed of 200 sqft ground-floor converted garage studio, alongside a separate 160 sqft bohemian tiki hut. Detailed financial track record and platform performance statements are available to qualified buyers upon request. Verified operational financials showcase the property's massive short-term revenue engine, showing an annualized gross run-rate between $310,000 to $860,000 in recent years, with a historical performance ceiling that peaked at $1,135,000 in a single operating year. The compound offers a versatile investment strategy: it functions as a rock-solid, passive investment with an as-is traditional long-term leasing Cap Rate starting at 4.80%, while simultaneously offering a battle-tested short-term platform history that has delivered up to an exceptional 26.40% Cap Rate at peak historical capacity. For an owner-user, the compound functions as an incredible mortgage offset while occupying the detached main front property. This is an elite coastal real estate play built for the short-term market, where multi-unit flexibility meets a battle-tested revenue engine.

935 Venezia Avenue, Venice

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