Venice Homes with Triplex Subtype

Welcome to the enchanting city of Venice, located in the vibrant state of California, within the bustling county of Los Angeles. Venice is a unique coastal neighborhood known for its artistic spirit, bohemian vibe, and iconic beach boardwalk.

If you are considering investing in real estate in Venice, you may come across homes with the Triplex subtype. These properties offer a fantastic opportunity for both investors and homeowners looking to maximize their investment. Triplex homes in Venice typically consist of three separate living units within the same structure, providing flexibility and potential rental income.

Living in a Triplex home in Venice allows you to enjoy the best of both worlds - the close-knit community feel of a residential neighborhood and the excitement of city living. With the beach just a stone's throw away, trendy shops, eclectic dining options, and a thriving arts scene, Venice offers a lifestyle that is second to none.

Whether you are looking to own a Triplex home for rental income or to live in one unit while renting out the others, Venice provides a dynamic real estate market with endless possibilities. Don't miss the chance to own a piece of this vibrant neighborhood and experience the laid-back coastal charm that Venice has to offer.

Newest Venice Homes with Triplex Subtype

$2,395,000

SB26166342 MLS ⋅ Active Status

Great Owner Occupied or Investment Property. Front House and 1 rear unit are vacant. Welcome to 58 Ozone Avenue, a beautifully reimagined Cape Cod-style triplex on Venice’s iconic and historic Ozone Walk Street, just steps from the sand. This exceptional coastal property offers the best of both worlds—stroll to your right and arrive at the world-famous Santa Monica Beach, or head to your left and experience the vibrant energy of the historic Venice Ocean Front Walk. The thoughtfully remodeled main residence features three bedrooms and two bathrooms, blending timeless character with modern coastal living. Inside you’ll find a spacious living room, family room, and dining area, complemented by a stunning new kitchen with custom cabinetry, new appliances, updated hardware, and a welcoming breakfast bar. The primary suite offers a beautifully remodeled bathroom and custom closet system, while the second and third bedrooms have also been renovated with new custom closet organizers. Original Douglas fir hardwood floors run throughout the home, preserving its classic charm, and a dedicated laundry room adds everyday modern convenience. Outside, the newly landscaped front yard features fresh irrigation, lush plantings, and beautifully finished fencing surrounding a clear redwood front deck—the perfect place to enjoy your morning coffee while embracing the relaxed Venice lifestyle. The two rear residences , one has been newly remodeled they are both one-bedroom, one-bathroom units, complete with their own laundry facility. A spacious private patio creates an ideal setting for entertaining, dining outdoors, or gathering with family and friends. The property also includes a three-car garage, providing valuable off-street parking. Whether you’re looking for an exceptional owner-user opportunity, a multi-generational living arrangement, or a premier investment property, 58 Ozone Avenue delivers outstanding flexibility and long-term value. Included are architectural conceptual floor plans for a proposed second-story addition to the main residence, offering the next owner the opportunity to pursue approvals through the Coastal Commission and further enhance this remarkable property. A rare offering on one of Venice’s most desirable walk streets, 58 Ozone Avenue is a timeless coastal retreat and an outstanding addition to any real estate portfolio.

58 Ozone Ave, Venice

$1,900,000

9 Beds ⋅ 6 Baths ⋅ SB26159060 MLS ⋅ Active Status

Situated in the heart of Venice, 1034 Pleasantview Ave presents the opportunity to acquire a well-maintained three-unit multifamily property in one of Los Angeles' most desirable coastal neighborhoods. Built in 1987, the property consists of three spacious 3-bedroom, 2-bathroom units totaling 3,720 square feet on a 4,634 square foot lot. The property's larger floor plans and newer construction provide a highly desirable housing option in a market where demand for quality rental housing remains strong. Offered at a 4.76% Current CAP Rate and 14.59 Current GRM, the property presents investors with the opportunity to acquire a well-located 1980s-constructed asset that is not subject to Los Angeles City Rent Control (only AB 1482 Statewide Rent Control). The property offers strong long-term income growth potential, achieving a projected 8.22% Pro Forma CAP Rate and 9.60 Pro Forma GRM. Recent capital improvements further enhance the property's appeal, including Hardie Board exterior siding, dual-pane windows, and a new roof installed in 2022. Additional amenities include in-unit laundry in all three units and gated carport parking with six total parking spaces. Built in 1987, the property offers a newer construction profile than much of the surrounding multifamily inventory, contributing to its long-term appeal and operational efficiency. Conveniently located just moments from Abbot Kinney Boulevard, Rose Avenue, Venice Beach, and major Westside employment centers, this offering presents an attractive opportunity to acquire a well-positioned multifamily investment in one of Southern California's most sought-after rental markets.

1034 Pleasantview, Venice

$1,900,000

SB26159033 MLS ⋅ Active Status

1034 Pleasantview, Venice

$2,695,000

PV26002913 MLS ⋅ Active Status

Don’t miss this exceptional multifamily opportunity in an A+ Venice Beach location. Just blocks from the sand and Abbot Kinney, 241 Horizon Ave is ideally positioned near some of Los Angeles’ best dining, shopping, and entertainment. Built in 1987, the property is permitted as a 2-unit building and features two spacious 3-bedroom, 2-bath units, plus an additional 1-bedroom, 1-bath space (unpermitted) currently used by a tenant as an office. Buyers are advised to conduct their own due diligence and consult with the appropriate authorities regarding the legal use of this third unit. The top-floor residence boasts soaring vaulted ceilings, a fireplace, and a generous rooftop deck with neighborhood views. The middle unit also features a fireplace and decks on both ends, offering excellent indoor-outdoor flow. The ground-level 1-bedroom opens through French doors to a large, private outdoor patio. The building has been well maintained and currently generates $10,950 per month in rental income. It offers garage parking, driveway parking as well as street parking. Properties like this rarely come to market in Venice—an outstanding opportunity in a premier coastal neighborhood.

241 Horizon Avenue, Venice

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.