718-720 Hampton Drive

Venice, CA 90291

$3,495,000
Price
4
Beds
2
Baths
1,710 Sq. Ft.
$2,044 / Sq. Ft.
1,710
Sq. Ft.
$2,044
per Sq. Ft.

Description

INCREDIBLE OPPORTUNITY - RARE 5,800+ sqft DOUBLE LOT w/ TWO CHARMING BUNGALOW RESIDENCES - COMMERCIAL ZONING w/ 6 PARKING SPACES. This creative compound in the heart of Venice, just behind Abbot Kinney and a short stroll to Venice Beach, offers endless possibilities. The property features two side-by-side homes transformed into a collective creative haven, emphasizing indoor/outdoor living. With completely private outdoor spaces for each bungalow, the flexibility allows for various uses, such as...INCREDIBLE OPPORTUNITY - RARE 5,800+ sqft DOUBLE LOT w/ TWO CHARMING BUNGALOW RESIDENCES - COMMERCIAL ZONING w/ 6 PARKING SPACES. This creative compound in the heart of Venice, just behind Abbot Kinney and a short stroll to Venice Beach, offers endless possibilities. The property features two side-by-side homes transformed into a collective creative haven, emphasizing indoor/outdoor living. With completely private outdoor spaces for each bungalow, the flexibility allows for various uses, such as a live/work retreat, living in one property while renting the other for passive income, or renting both for the ultimate investment opportunity. Ideal for qualified SBA owner-users, the property may offer the chance to assume the current owner's second trust deed at low-interest rates (estimated around 2% below current rates, based on qualification requirements). About the homes: Located on two contiguous lots with six parking spaces, these detached properties are surrounded by lush greenery and fruit trees, embodying SoCal vibes. The first bungalow, filled with natural light, features a kitchen with stainless steel appliances, ample storage, beautiful hardwood floors, and an open spacious floor plan. The second bungalow boasts exposed beam ceilings and an open, flexible floorplan, both equipped with air conditioning. Currently set up as an office space, the potential for a think tank or a blank canvas for your vision and designer's eye is evident. You'll Love: Cohesively integrated, this property is a rare find West of Lincoln. Situated on a corner lot with a secure perimeter fence, it's conveniently located near Google, tech companies, restaurants, shops, gyms, and creative studios. The Neighborhood: With Abbot Kinney and the Rose Corridor at your doorstep, this property provides easy access to some of the best restaurants, coffee shops, boutiques, and more in Los Angeles. Bike to the beach, explore the Venice Canals, or stroll to Main Street. This unique offering stands out in the market - don't miss out!
  1. Listed by Paige Ogden • DRE #02060052 • Brokerage DRE #01421451 • Pardee Properties
  2. Listed by Samantha Kinnon • DRE #01858397 • Brokerage DRE #01421451 • Pardee Properties

Property Details for 718-720 Hampton Drive

Zoning
LAC2
Style
California Bungalow
Parcel Number
4286008009
Total Units
2.0
Living Area
1710
Source Living Area
Other
Area
Venice (C11)
Vacancy Rate
100

Location

Listing Courtesy of Pardee Properties, Paige Ogden, DRE #02060052; Pardee Properties, Samantha Kinnon, DRE #01858397
Add your commute
LISTING UPDATED: 04/29/2024 11:38 PM

Property Details for 718-720 Hampton Drive

StatusActive
MLS #24-349145
Days on Market97
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.13 AC / 5,875 SF
CountyLos Angeles County

Location

Listing Courtesy of Pardee Properties, Paige Ogden, DRE #02060052; Pardee Properties, Samantha Kinnon, DRE #01858397
Add your commute

Building Information for 718-720 Hampton Drive

Stories1Residences-Year Built1953Building Size-Lot Size0.13 AC / 5,875 SF

Payment Calculator

$19,074 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,074

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 718-720 Hampton Drive

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Bungalows
  • Security Features: Carbon Monoxide Detector(s), Gated, Smoke Detector
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Sewer: In Street
  • Water Heater Features: Water Heater Unit
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan, Conventional
  • Disclosures: As Is, Listing Broker Advantage, Coastal Commission Restrictions
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0729
  • Lot Size Square Feet: 5875
  • Lot Features: Landscaped
  • Lot Description: Fenced, Automatic Gate, Fenced Yard, Landscaped
  • Lot Location: Alley Access, Corner Lot
Parking Details
Parking Details
  • Parking Garage: Assigned, Side By Side, Uncovered
  • Total Parking: 6
  • Open Other Spaces Total: 6
  • Parking Features: Assigned, Side by Side, Uncovered
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Living Room, Dining Area, Den/Office, Other, Patio Open
  • Levels: One
  • Den: Yes
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Wood, Tile
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Hood Fan, Refrigerator, Range/Oven, Gas Or Electric Dryer Hookup
  • Interior Features: Ceiling Fan(s)
  • Room Bathroom Features: Remodeled
  • Bathroom Features: Shower Over Tub, Remodeled
  • Bedroom Features: Main Floor Master Bedroom
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Range
  • Laundry: Other
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Patio Features: Porch - Front, Patio Open
  • Entry Location: Living Room
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-26-2024
  • Listing Terms: Cash, Cash To New Loan, Conventional
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 718-720 Hampton Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 718-720 Hampton Drive

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
Charter - 9 to 12
Rating
School
Distance
Westminster Avenue Elementary School
PublicK to 5

Venice Senior High School
Public9 to 12

Animo Venice Charter High School
Charter9 to 12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

718-720 Hampton Drive is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on January 26, 2024 by Pardee Properties, it's currently listed at $3,495,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Westminster Avenue Elementary School, Mark Twain Middle School and World Languages Magnet and Venice Senior High School. 718-720 Hampton Drive is a 4-bed, 2-bath, 1,710 sqft multi-family home built in 1953.

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 Pardee Properties, Paige Ogden, DRE #02060052; Pardee Properties, Samantha Kinnon, DRE #01858397

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.