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For sale
  • Price cut: $200K (4/8)
    $4,749,000

    705 6th Ave, Venice, CA 90291

    11beds
    9baths
    4,289sqft
    : 
    Multi Family
    Built in 1924
    -- sqft lot
    $4,535,300 Zestimate®
    $1,107/sqft
    $-- HOA

    What's special

    Private fenced yardFlooded with natural lightPrivate walkwaysBreathtaking city viewsLuxurious primary suiteExpansive rooftop deckOpen floor plan
    Rare investment opportunity in the heart of Venice: perfect for multi generational living! An unparalleled opportunity in the heart of Venice, this perfectly located and meticulously designed four-home property offers the perfect blend of togetherness and independence ideal for multi-generational living or a high-yield investment with a 5.56% cap rate. Currently operating as MTR at a 5.56% cap rate but can be delivered vacant for a traditional rental unit. At market rents on traditional 12 month lease the cap rate is 5.3%. The home is fully occupied at noted rents via the outstanding corporate rental platform however can be delivered VACANT at the close of escrow to suit a buyers needs. This unique gated sanctuary consists of a completely rebuilt two story front house, a spacious duplex, and a brand-new construction ADU with a rooftop deck, all designed to feel connected yet separate, with lush landscaping for natural privacy and security for each. Front House (3BD/3BA): Rebuilt in 2024, this modern two-story home is flooded with natural light from skylights and features an open floor plan, large kitchen, private bar/wine room, luxurious primary suite, private fenced yard, and in-unit laundry. Middle Duplex (Two 3BD/2BA Units): Thoughtfully remodeled, both units offer spacious open layouts, private outdoor areas enclosed by greenery, and in-unit laundry. Ideal for extended family, guests, or high-income rentals. ADU (2BD/2BA + Rooftop): Designed by renowned architect Robert Thibodeau, this brand-new (2024) standalone residence features an expansive rooftop deck with an outdoor kitchen and breathtaking city views a true private retreat. Each home is intentionally separated with custom fencing, hedges, and private walkways, ensuring residents have their own gated entrance and dedicate outdoor space. Located just moments from Rose Ave & Abbot Kinney Blvd, this property places you in the heart of Venice's best shopping, dining, and coastal lifestyle. A place where generations can come together, yet live independently. A rare chance to own a multi-home sanctuary in one of LA's most coveted neighborhoods.
    70 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: April 10, 2025 at 10:41am

    Listed by:

    Tyler Kunkle DRE # 01965642 310-993-7333,

    Pardee Properties 310-907-6517

    Source: CLAW,MLS#: 25498789MLS Logo
    Travel times

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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 9
    Bathroom
    • Features: Remodeled
    Kitchen
    • Features: Remodeled
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Barbeque, Dishwasher, Dryer, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Range/Oven, Recirculated Exhaust Fan, Washer
    Features
    • Ceiling Fan(s)
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 4,289
    • Total interior livable area: 4,289 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 5
    • Parking features: Carport, Garage
    • Garage spaces: 2
    • Has carport: Yes
    • Covered spaces: 5
    Features
    • Levels: Multi/Split,Two
    • Stories: 2
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Tree Top, Mountain(s)
    Lot
    • Size: 5,671.51 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 4239002026
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Condition
    • Updated/Remodeled,New Construction
    • Year built: 1924

    Community & HOA

    Location
    • Region: Venice

    Financial & listing details

    • Price per square foot: $1,107/sqft
    • Tax assessed value: $3,246,048
    • Annual tax amount: $39,406
    • Date on market: 2/14/2025
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