308 Venice Way

VENICE, CA, 90291

$4,375,000

$1,305 per ft²
$4,375,000
$1,305 per ft²
Active
Active
 - For Sale
beds
2 Beds
baths
3 Baths
carpenters-square
3,350 ft²
property_type
Residential
calendar
Built 1984
This rare Artist in Residence Live/Work compound in the heart of Venice Beach is perfect for a creative entrepreneur or investor who loves light-filled architecture, open interior space, and privacy. Designed by award winning and much lauded California architect and educator, David Ming-Li Lowe, the property is located steps from the world famous Boardwalk and the trendiest shops and restaurants on Abbot Kinney Blvd. The property is defined by two three-story buildings front and back, each overlooking an ultra private landscaped courtyard. These buildings are framed entirely with structural steel, with exposed posts, beams and cross bracing, which are a major design element on each floor. Translucent Kalwall building panels highlight the changing light throughout the day, and become glowing walls to the exterior at night. A three car garage with high ceilings and large industrial roll up doors make this space perfect for a workshop, storage or artist s studio. The open floor plans allow for any kind of office/living space configuration, which makes this property ideal for any usage by an owner/user. It s perfect for use as an office for a production or animation studio, tech startup, architect/design firm, etc. Alternatively, an investor can look to achieve a 4.32% proforma CAP rate in a very competitive Venice marketplace. It is a true original Venice Beach artist loft that embodies the ideal California lifestyle. *Buyer to verify square footage and perform their own inspections, as there may be unpermitted improvements on the premises.
MLS® ID:
IN22143235MR
Listed:
6/26/22
Updated:
12/10/22

Interior Features

Total Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Laundry Description
Garage
Fireplace
None
Cooling
Electric, Gas, Heat Pump(s), Wall/Window Unit(s)
Heating
Central, Natural Gas

Exterior/Building Features

Lot Size
2,750 ft² lot
Exterior Features
Steel
Sewer
Public Sewer

School Information

School District
Los Angeles Unified

Other Property Details

Garage
Yes
Garage Spaces
3
Parking
Garage
Parking Total
3.0
View
Y
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
3

Courtesy of Side, Inc., Kirsten Kaiyala,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Rory Posin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/10/22

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