308 Venice Way

Venice, CA 90291

$3,900,000
Last Sold Price
2
Beds
2
Baths
1
1/2 Bath
3,350 Sq. Ft.
$1,164 / Sq. Ft.
3,350
Sq. Ft.
$1,164
per Sq. Ft.

Description

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...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.
  1. Listed by Kirsten Kaiyala • DRE #02150031 • Brokerage DRE #01834648 • Side, Inc.

Property Details for 308 Venice Way

View
Courtyard
Parking Spaces Total
3
Private Pool
No
Cooling Type
Heat Pump(s), Wall/Window, Electric, Gas
Total Units
1.0
Building Type
Detached
Lot Size Source
Public Records
Living Area
3350

Location

Listing Courtesy of Side, Inc., Kirsten Kaiyala, DRE #02150031

Sold By KW Advisors, Katrina Gibson-Bragg, DRE #02048749; KW Advisors, Jonathan Banayan, DRE #01971760

Add your commute
LISTING UPDATED: 06/22/2023 02:17 AM

Property Details for 308 Venice Way

StatusClosed
MLS #IN22143235
Days on Market294
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1984
Lot Size0.06 AC / 2,750 SF
CountyLos Angeles County

Location

Listing Courtesy of Side, Inc., Kirsten Kaiyala, DRE #02150031

Sold By KW Advisors, Katrina Gibson-Bragg, DRE #02048749; KW Advisors, Jonathan Banayan, DRE #01971760

Add your commute

Building Information for 308 Venice Way

Stories3Year Built1984Building Size-Lot Size0.06 AC / 2,750 SF

Payment Calculator

$21,284 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,284

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 308 Venice Way

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Block: 4
  • Tax Tract Number: 9358
  • CFD/Mello-Roos Fee: $224
  • Tax Lot: 5
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Dog Park, Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Electric Cooktop, Instant Hot Water, Refrigerator, Tankless Water Heater
  • Equipment: Dishwasher, Refrigerator
  • Interior Features: Beamed Ceilings, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Storage, Wet Bar
  • Room Type: All Bedrooms Up, Art Studio, Office, Two Masters, Workshop
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Room Bathroom Features: Low Flow Toilet(s), Shower, Closet in bathroom, Exhaust fan(s), Linen Closet/Storage, Walk-in shower
  • Bedroom Features: All Bedrooms Up
  • Eating Area: In Kitchen
  • Water Heater Features: Instant Hot Water, Tankless
  • Water Heater Type: Tankless, Instant Hot Water
  • Laundry: Yes
  • Laundry Features: In Garage
  • Laundry Location: Garage
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Electric, Gas, Heat Pump, Wall/Window Unit(s)
  • Heating Type: Central, Natural Gas
  • Heat Source: Natural Gas
  • Heating: Central, Natural Gas
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Construction Materials: Fiberglass Siding, Steel
  • Exterior Construction: Steel Siding
  • Exterior: Fiberglass Siding, Metal Siding
  • Foundation Details: Slab
  • Structure Type: House
  • Miscellaneous: Urban
  • View Description: Courtyard
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Garden, Yard
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved
  • Road Frontage Type: Alley, City Street
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 3
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Garage, Garage Faces Rear
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 308 Venice Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 308 Venice Way

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Westminster Avenue Elementary School
PublicK to 5

Venice Senior High School
Public9 to 12

Westside Global Awareness Magnet
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Side, Inc., Kirsten Kaiyala, DRE #02150031

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.