935 Venezia Avenue, Venice, CA 90291

Multi-Family · For sale · $2,995,000 · MLS# 26835373

Multi-Family for sale in Southern California — $2,995,000. 6 beds · 6 baths · 2,992 sqft. 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 opportunit…

935 Venezia Avenue
For sale

$2,995,000

935 Venezia Avenue, Venice, CA 90291

6beds
6baths
2,992sqft
Multi-FamilyProperty type
1924Year built
4,798 sqft lotLot size
2,992 sqftLiving area
$1,001/sqftPrice / sqft
HOA
1 spaceGarage

Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 6
  • Bathrooms: 6

Heating

  • Heating: Central

Cooling

  • Cooling: Central Air

Appliances

  • Included: Dishwasher, Refrigerator
  • Laundry: See Remarks

Interior area

  • Living area: 2,992 sqft

Property

Parking

  • Total parking spaces: 1
  • Garage spaces: 1

Lot

  • Lot size: 4,798 sqft

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1924

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 46 days
  • Price / sqft: $1,001
  • Status: Active
  • MLS#: 26835373

Location

  • City: Venice
  • ZIP: 90291

About this home

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.

Listing updated: June 2, 2026 at 4:19 PM

Listed by: Mario Aceves, The Agency

Source: CRMLS, MLS#: 26835373, Originating MLS: California Regional MLS

Location

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Venice

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Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 6
  • Bathrooms: 6

Heating

  • Heating: Central

Cooling

  • Cooling: Central Air

Appliances

  • Included: Dishwasher, Refrigerator
  • Laundry: See Remarks

Interior area

  • Living area: 2,992 sqft

Property

Parking

  • Total parking spaces: 1
  • Garage spaces: 1

Lot

  • Lot size: 4,798 sqft

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1924

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 46 days
  • Price / sqft: $1,001
  • Status: Active
  • MLS#: 26835373

Location

  • City: Venice
  • ZIP: 90291

Price history

DateEventPrice
5/18/2026Source: CRMLS, #26835373Listed for sale$2,995,000$1001/sqft
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-02 16:19:43 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information