Rare Venice Beach 4-unit property with direct beach access and strong rental history. Each unit features 1-bedroom layouts, modern finishes, and separate meters, providing flexibility for future condo conversion or expansion. Exceptional upside potential with space to add up to 2 ADUs while keeping existing parking, or up to 4 ADUs utilizing more of the parking lot an extremely rare opportunity in Venice. Units are investor-ready but also perfect for an owner-user seeking extra income, with the ability to manage rentals directly. High-demand location, steps from the sand, shopping, dining, and transit, with parking options that are almost impossible to find in this area. Short-term rental potential for up to two units adds additional flexibility. Prime location!
AGENT: Rebeka Shadpour LISTING BROKERAGE: Wealth Road Realty
Courtesy of Wealth Road Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 12 E 27th AV
Venice, CA
Property Details
Price:
$2,950,000
MLS #:
25627765
Status:
Active
Beds:
7
Baths:
4
Type:
Single Family
Neighborhood:
c11venice
Listed Date:
May 9, 2026
Finished Sq Ft:
2,900
Total Sq Ft:
2,900
Lot Size:
2,800 sqft / 0.06 acres (approx)
Year Built:
1952
C11 – VeniceC11venice
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Schools
Interior
Appliances
DW, GD, MW, RF
Cooling
WW
Heating
WL
Interior Features
FU
Laundry Features
DINC, WINC
Levels
A
Exterior
Attached Garage YN
1
Exterior Features
RG
Parking Spots
10
Parking Total
10
Waterfront Features
OCN, BCH
Window Features
BLI, DPC
Financial
Gross Operating Income
$227,100
Net Operating Income
$193,035
Map
Community
- Address12 E 27th AV Venice CA
- CityVenice
- CountyLos Angeles
- Zip Code90291
