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718 Hampton Drive

Venice, CA 90291
  • $3,450,000
  • STATUS: Active
  • ON SITE: 105 Days
  • ID#: 23242655
Open House
$3,450,000
  • 2
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 1,710
    SQFT
  • $2,018
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1953
County:
Area:

School Ratings & Info

School District:
Listing Agent(s): Tamra (Tami) Pardee of Pardee Properties (310-907-6517) and Paige Ogden of Pardee Properties(310-907-6517)


Description

ONE OF THE BEST OPPORTUNITIES IN VENICE - REDUCED $300,000! INCREDIBLE VALUE, JUST OFF ABBOT KINNEY! RARE 5,800+ sqft DOUBLE LOT COMPOUND W/ 2 SIDE BY SIDE HOMES w/ COMMERCIAL ZONING + 6 PARKING SPACES! Enjoy two side-by-side homes that offer you a creative compound in the heart of Venice, nestled just behind Abbot Kinney and a short walk to Venice Beach. Endless options here, with two side-by-side homes that have been reimagined as a collective creative haven, that exudes indoor/outdoor living at its finest. This sprawling property offers complete flexibility as a live/work retreat, live in one property while renting the other for passive income, or rent both making this the ultimate investment opportunity. This property is particularly well-suited for qualified SBA owner-users, who may assume the current owner's second trust deed at grandfathered-in low-interest rates (estimated around 2% below current rates, and based on qualification requirements). //About this home: Located on two contiguous lots, with 6 parking spaces these detached properties are surrounded and enveloped in lush mature greenery and fruit trees that encompass SoCal vibes. Step into the first bungalow is infused with natural light. The kitchen has stainless steel appliances, ample storage, beautiful hardwood floors, and a spacious open floor plan. The second bright and airy bungalow has exposed beam ceilings and an open flexible floorplan. Both buildings are equipped with air conditioning. Currently laid out as the perfect office space, think tank, or a blank canvas to bring your vision and designer's eye. //You'll Love: Cohesively integrated, properties like this are rarely available West of Lincoln. On a corner lot with a secure perimeter fence surrounding the entire property, you are down the street from Google and other tech companies, restaurants, shops, gyms, and neighboring creative studios. Live, work, and play with tons of space that flows throughout, and curated moments. //The Neighborhood: With Abbot Kinney truly at your doorstep, and seconds to the Rose Corridor, you are in the hub of some of the best restaurants, coffee shops, boutiques, and more in Los Angeles. Ride your bike to the beach, the Venice Canals, or stroll to Main Street. There is nothing else like this on the market - don't miss out!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-02T00:30:21.63. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Feast | Realty One Group Empire. Licensed in the State of California, USA.
www.thefeastteam.com/homes/137056876
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718 Hampton Drive Venice, CA 90291

  • Price: $3,450,000
  • Status: Active
  • On Site: 105 Days
  • ID#: 23242655
2
Beds
0
Baths
2
½ Baths
0.13
Acres
1,710
SQFT
$2,018
$/SQFT
1953
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
School District:
Los Angeles Unified
Property Description
ONE OF THE BEST OPPORTUNITIES IN VENICE - REDUCED $300,000! INCREDIBLE VALUE, JUST OFF ABBOT KINNEY! RARE 5,800+ sqft DOUBLE LOT COMPOUND W/ 2 SIDE BY SIDE HOMES w/ COMMERCIAL ZONING + 6 PARKING SPACES! Enjoy two side-by-side homes that offer you a creative compound in the heart of Venice, nestled just behind Abbot Kinney and a short walk to Venice Beach. Endless options here, with two side-by-side homes that have been reimagined as a collective creative haven, that exudes indoor/outdoor living at its finest. This sprawling property offers complete flexibility as a live/work retreat, live in one property while renting the other for passive income, or rent both making this the ultimate investment opportunity. This property is particularly well-suited for qualified SBA owner-users, who may assume the current owner's second trust deed at grandfathered-in low-interest rates (estimated around 2% below current rates, and based on qualification requirements). //About this home: Located on two contiguous lots, with 6 parking spaces these detached properties are surrounded and enveloped in lush mature greenery and fruit trees that encompass SoCal vibes. Step into the first bungalow is infused with natural light. The kitchen has stainless steel appliances, ample storage, beautiful hardwood floors, and a spacious open floor plan. The second bright and airy bungalow has exposed beam ceilings and an open flexible floorplan. Both buildings are equipped with air conditioning. Currently laid out as the perfect office space, think tank, or a blank canvas to bring your vision and designer's eye. //You'll Love: Cohesively integrated, properties like this are rarely available West of Lincoln. On a corner lot with a secure perimeter fence surrounding the entire property, you are down the street from Google and other tech companies, restaurants, shops, gyms, and neighboring creative studios. Live, work, and play with tons of space that flows throughout, and curated moments. //The Neighborhood: With Abbot Kinney truly at your doorstep, and seconds to the Rose Corridor, you are in the hub of some of the best restaurants, coffee shops, boutiques, and more in Los Angeles. Ride your bike to the beach, the Venice Canals, or stroll to Main Street. There is nothing else like this on the market - don't miss out!
Exterior Features

Entry Location Ground Level W/Steps Fencing Wood Lot Features Landscaped Open Parking Spaces 6 Parking Features AssignedSide By SideUncovered Parking Total 6 Patio And Porch Features OpenPatio Pool Features None Pool Private YN No Sign On Property YN No Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherRefrigerator Common Walls No Common Walls Fireplace Features None Fireplace YN No Flooring Wood Furnished Unfurnished Heating Central Heating YN Yes Interior Features Ceiling Fan(S)

Property Features

Additional Parcels YN Yes Association YN No Buyer Financing Cash Disclosures Coastal Commission RestrictionsCoastal ZoneListing Broker Advantage Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash New Construction YN No Possession Close Of Escrow Property Sub Type Single Family Residence Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Other Special Listing Conditions Standard Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-02T00:30:21.63. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Feast | Realty One Group Empire. Licensed in the State of California, USA.
 
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Team Feast | Realty One Group Empire
12765 Main St Suite 640
Hesperia CA, 92344
Listing Agent(s): Tamra (Tami) Pardee of Pardee Properties (310-907-6517) and Paige Ogden of Pardee Properties(310-907-6517)