$1,786,000
Est. payment /mo
4 Beds
2 Baths
1,934 SqFt
UPDATED:
Key Details
Sold Price $1,786,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,934 sqft
Price per Sqft $923
MLS Listing ID 26867351
Sold Date 09/04/26
Bedrooms 4
HOA Y/N No
Year Built 1949
Lot Size 5,989 Sqft
Property Description
Own in Venice while your property helps pay for itself. 1121-1123 Grant Ave presents a rare opportunity for a first-time buyer to step into homeownership with $4,008 per month in existing rental income helping offset the mortgage and property taxes from day one. Live upstairs in the vacant 2-bedroom, 1-bath residence, complete with original hardwood floors, abundant natural light, exclusive access to the property's oversized 2-car garage, and a large private grassy yard that feels like an extension of the home. Downstairs, the second 2-bedroom, 1-bath residence is already tenant-occupied at $4,008 per month, creating meaningful built-in income without sacrificing your own privacy or outdoor space. Set on a generous 5,991-square-foot corner lot in Venice's coveted President Streets, the property is surrounded by mature, drought-tolerant landscaping, with thoughtfully separated outdoor areas for each residence. It's an opportunity to enjoy the space, garage, yard, and lifestyle of a single-family home while benefiting from the economics of a duplex. Just moments from Abbot Kinney, the beach, dining, shopping, and everything that makes Venice one of LA's most desirable neighborhoods, 1121 Grant offers an unusually compelling way to establish a foothold on the Westside. LAR2 zoning also provides future potential for additional units or ADU opportunities (buyer to verify). Live upstairs. Rent downstairs. Own a piece of Venice. Seller intends to complete a 1031 exchange at no cost or liability to Buyer.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplace No
Appliance Refrigerator, Dryer, Washer
Laundry Laundry Room, Outside
Exterior
Parking Features Door-Multi, Garage, On Street
Total Parking Spaces 2
Building
Lot Description Back Yard, Front Yard, Lawn, Landscaped, Yard
Faces West
Story 2
Entry Level Two
Sewer Other
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4237030014
Special Listing Condition Standard
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Listed by Brett Doonan Compass #02214158
Bought with Thomas Swanson Exclusive Realty Inc
Bought with Thomas Swanson Exclusive Realty Inc
Nearby School & Business
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