257 Windward Ave - Apartments FOR SALE


Venice, CA 90291
$1,800,000 USD
310-202-9166
257 Windward Ave, Venice, CA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/22
null | 4.7% Cap Rate

257 Windward Ave
Venice, CA 90291


OVERVIEW

Welcome to 257 Windward Avenue, Venice, CA 90291—a rare owner-user opportunity in one of the most desirable beach communities on the Westside. Situated on the prominent corner of Windward Avenue and Riviera Avenue, this charming Craftsman bungalow-style triplex combines timeless architectural character with exceptional income potential, just moments from Venice Beach. The vacant 2-bedroom, 1-bath owner's residence is filled with original architectural details, rich hardwood floors, and classic Craftsman charm, beautifully complemented by tasteful kitchen and bathroom updates. The kitchen features stainless steel appliances, including a dishwasher, offering modern convenience while preserving the home's vintage appeal. A tall wooden privacy gate creates a welcoming and secluded outdoor setting, and the owner's unit includes the rare luxury of two tandem off-street parking spaces. Behind the main residence are two separately rented studio apartments currently generating $4,850 per month in rental income, providing immediate cash flow that can significantly offset your monthly housing expenses while you enjoy living just blocks from the ocean. The location is second to none. Enjoy an unbeatable lifestyle with easy walking distance to Abbot Kinney Boulevard, Windward Circle, and Venice Beach, along with award-winning restaurants, coffee shops, boutiques, art galleries, and everything that makes Venice one of Southern California's most iconic neighborhoods. Whether you're looking to own your first income property, enjoy coastal living with supplemental rental income, or add a trophy asset to your portfolio, opportunities like this are exceptionally rare. A vacant owner's unit, strong in-place income, classic Craftsman architecture, dedicated parking, and an irreplaceable Venice Beach location make 257 Windward Avenue a truly unique offering.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$1,083 USD /SF

# OF UNITS

3

PRICE/UNIT

$600,000

CAP RATE

4.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,850 SF

ZONING

LARD1.5

APN/PARCEL ID

4238-013-020

ASK ABOUT THIS PROPERTY

Dave MillerMiller & Desatnik Realty Corp.More Info
310-202-9166

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Dave MillerMiller & Desatnik Realty Corp.More Info
310-202-9166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.