RTI opportunity for the complete renovation of two two-story, four-unit buildings (eight total units) with both coastal and city approvals in place. This offering provides a rare chance to reposition a legacy multifamily asset with clear entitlement visibility in one of Los Angeles’ most supply-constrained coastal markets. A full construction quote is in hand, offering transparency on scope, timing, and overall cost, and allowing a buyer to move forward with confidence. The approved plans include private outdoor patios for all four ground-floor residences, enhancing indoor-outdoor coastal living and tenant appeal. Situated directly on Venice Beach’s world-famous boardwalk, the property enjoys unobstructed ocean views and irreplaceable oceanfront frontage. The location is further enhanced by close proximity (just two blocks) to Abbot Kinney Boulevard, Main Street, and Rose Avenue, placing premier dining, retail, and lifestyle amenities within easy reach. Architectural plans and finish packages are complete and ready for immediate execution, enabling construction to commence without delay. This is an exceptional value-add investment opportunity combining RTI entitlements, premier oceanfront exposure, and enduring rental demand in one of Southern California’s strongest coastal submarkets.
AGENT: R. Austin Brasch LISTING BROKERAGE: Compass
Courtesy of Compass. 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. 815 Ocean Front WK
Venice, CA
Property Details
Price:
$3,995,000
MLS #:
26645551
Status:
Active
Beds:
8
Baths:
8
Type:
Single Family
Neighborhood:
c11venice
Listed Date:
Jan 30, 2026
Finished Sq Ft:
4,500
Total Sq Ft:
4,500
Lot Size:
4,504 sqft / 0.10 acres (approx)
Year Built:
1908
C11 – VeniceC11venice
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Schools
Interior
Appliances
DW, GD, RF
Heating
FA, ZN
Laundry Features
WINC
Levels
U, S
Exterior
Financial
Gross Operating Income
$339,888
Net Operating Income
$234,768
Map
Community
- Address815 Ocean Front WK Venice CA
- CityVenice
- CountyLos Angeles
- Zip Code90291
