TruLine Real Estate

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$4,549,000
148 Days On Site

705 6th Avenue
Venice, CA 90291

For Sale|Multi Family|Active
11
Beds
9
Total Baths
4,289
SqFt
$1,061
/SqFt
1924
Built
County:
Los Angeles
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
705 6th Avenue705 6th Avenue705 6th Avenue705 6th Avenue
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Monthly Payment (Est.)

$20,754
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Rare investment opportunity in the heart of Venice: perfect for multi generational living! An unparalleled opportunity in the heart of Venice, this perfectly located and meticulously designed four-home property offers the perfect blend of togetherness and independence ideal for multi-generational living or a high-yield investment with a 5.56% cap rate. Currently operating as MTR at a 5.56% cap rate but can be delivered vacant for a traditional rental unit. At market rents on traditional 12 month lease the cap rate is 5.3%. The home is fully occupied at noted rents via the outstanding corporate rental platform however can be delivered VACANT at the close of escrow to suit a buyers needs. This unique gated sanctuary consists of a completely rebuilt two story front house, a spacious duplex, and a brand-new construction ADU with a rooftop deck, all designed to feel connected yet separate, with lush landscaping for natural privacy and security for each. Front House (3BD/3BA): Rebuilt in 2024, this modern two-story home is flooded with natural light from skylights and features an open floor plan, large kitchen, private bar/wine room, luxurious primary suite, private fenced yard, and in-unit laundry. Middle Duplex (Two 3BD/2BA Units): Thoughtfully remodeled, both units offer spacious open layouts, private outdoor areas enclosed by greenery, and in-unit laundry. Ideal for extended family, guests, or high-income rentals. ADU (2BD/2BA + Rooftop): Designed by renowned architect Robert Thibodeau, this brand-new (2024) standalone residence features an expansive rooftop deck with an outdoor kitchen and breathtaking city views a true private retreat. Each home is intentionally separated with custom fencing, hedges, and private walkways, ensuring residents have their own gated entrance and dedicate outdoor space. Located just moments from Rose Ave & Abbot Kinney Blvd, this property places you in the heart of Venice's best shopping, dining, and coastal lifestyle. A place where generations can come together, yet live independently. A rare chance to own a multi-home sanctuary in one of LA's most coveted neighborhoods.

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Listing Snapshot
Price 
$4,549,000
Days On Site 
148 Days
Bedrooms 
11
Inside Area (SqFt) 
4,289 sqft
Total Baths 
9
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1302 Acres
Year Built 
1924
MLS® Number 
25498789
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $4,549,000
5 months agoListing first seen on site
General Features
Acres 
0.1302
Disclosures 
CoastalCommissionRestrictionsCoastalZone
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
CarportGarage
Parking Spaces 
5
Property Condition 
Updated/Remodeled
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
4289
Stories 
TwoMulti/Split
Style 
Traditional
Zoning 
LARD1.5
Interior Features
Appliances 
DishwasherDisposalMicrowaveRefrigeratorDryerWasher
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Living Room
Flooring 
Wood
Heating 
Central
Interior 
Ceiling Fan(s)
Bathroom 
Kitchen 
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Exterior Features
Exterior 
Barbecue
Pool Features 
None
Spa Features 
None
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
MLS Area 
C11 - Venice
Listing courtesy of Tyler Kunkle of Pardee Properties

Based on information from the The MLS as of 2025-07-12 08:27 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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