308 Venice Way VENICE CA | IN22143235MR

308 Venice Way
VENICE, CA,
$4,195,000
2 Beds
3 Baths
3,350 SqFt
0 Acres
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 4.50% proforma CAP rate in a very competitive Venice marketplace. It is a true original Venice Beach artist loft that embodies the ideal California lifestyle.

Property Details

Price:
$4,195,000
MLS #:
IN22143235MR
Status:
Sold ((Jun 20, 2023))
Beds:
2
Baths:
3
Address:
308 Venice Way
Type:
Single Family
Subtype:
Single Family Residence
City:
VENICE
Listed Date:
Jun 27, 2022
State:
CA
Finished Sq Ft:
3,350
ZIP:
90291
Year Built:
1984
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Schools

Interior

Cooling
Electric, Gas, Heat Pump(s), Wall/ Window Unit(s)
Eating Areas
In Kitchen
Heating
Central, Natural Gas
Laundry
Garage

Exterior

Building Type
Detached
Common Walls
Detached/ No Common Walls
Community Features
Biking, Dog Park, Sidewalks, Street Lights, Urban
Exterior Construction
Steel Siding
Parking Garage
Garage
Pool Description
None

Financial

Land Lease Type
Fee

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