Venice (C11) Homes with Converted Garage Parking features

Venice (C11) Homes with Converted Garage Parking features

Welcome to Venice, California—a vibrant coastal gem nestled in the heart of Los Angeles County. Known for its eclectic atmosphere, stunning beaches, and artistic spirit, Venice is a place where creativity thrives and community flourishes. With its picturesque canals, lively boardwalk, and iconic Muscle Beach, this charming neighborhood offers an unparalleled lifestyle that attracts both residents and visitors alike.

In Venice, you’ll discover a diverse array of homes that reflect the unique character of the area. One standout feature of many properties in this beloved community is the converted garage parking. Imagine the convenience of having a dedicated space for your vehicle, while also enjoying the versatility of additional living or recreational space. Many homes with converted garages can be transformed into cozy home offices, art studios, or guest suites, providing you with the flexibility to tailor your living experience to your needs.

The real estate market in Venice is as dynamic as its surroundings, with a blend of modern architectural marvels and charming beach cottages. Whether you’re looking for a contemporary home with sleek lines or a classic abode with character, Venice has something for everyone.

Living in Venice means embracing a lifestyle filled with sun-soaked days, vibrant street art, and a community that celebrates individuality. With its close-knit neighborhoods and an array of local shops, cafes, and restaurants, you’ll find everything you need just a stone’s throw away. Come explore the beauty of Venice, where your dream home awaits!

Newest Venice (C11) 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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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.