REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,350,000
Est. payment /mo
New
240 Hampton Drive Venice, CA 90291
6 Beds
6 Baths
6,422 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26181932
Bedrooms 6
Lot Size 6,422 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Located in the heart of Venice Beach, just moments from the beach, Venice Boardwalk, Main Street, and Rose Avenue, 240 Hampton Drive presents a rare multi-family opportunity on an oversized 6,422-square-foot lot. The property features 4 residential units within the main structure, along with a detached garage flex space (not a legal unit) with a bathroom and air conditioning. The main building comprises 2 two-bedroom units and 2 one-bedroom units, each offering air conditioning, individual laundry, generous storage, and bright, light-filled interiors. One of the two-bedroom units, currently serving as the owners unit, can be delivered vacant at close, creating an ideal opportunity for an investor or end-user looking to live on-site while benefiting from additional rental income. The detached garage flex space has been loosely converted into an office/lounge space and can also be delivered vacant at close. Ideally positioned just a few short blocks from the beach, the property offers convenient access to some of Venices most iconic destinations, including Golds Gym, Abbot Kinney, Rose Avenue, and the neighborhoods shops and restaurants. With its prime location, versatile unit mix, and oversized lot, 240 Hampton Drive offers a compelling opportunity in one of Los Angeles most sought-after coastal communities. * RENT ROLL: Unit 1 (2BD): $3,500/mo | Unit 2 (2BD): $3,500 - $4,000/mo projected rent owners unit, can be delivered vacant at close | Unit 3 (1BD): $3,000/mo | Unit 4 (1BD): $2,700/mo | Garage Flex Space: Can be delivered vacant at close. Several of the rents are estim
Location
State CA
County Los Angeles
Zoning Assessor
Direction 3 Blocks to the beach
Interior
Cooling Central Forced Air, Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4286002007
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Lauren Forbes, DRE#01295248 Compass
NEARBY SCHOOL & BUSINESS