310-907-6517
612 & 614 5th Ave, Venice, CA for Sale
Apartments - FOR SALE
1/11
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612 & 614 5th Ave
Venice, CA 90291


HIGHLIGHTS

  • Built in 2020 with approximately 5,539 SF across two full-floor residences
  • Upper unit leased at $11,750/month with lower unit vacant August 1 for owner-user or projected rental opportunity
  • Potential pathway to separate condo/APN configuration subject to completion of City requirements and buyer verification
  • Rooftop deck with panoramic city and mountain views plus private outdoor spaces
  • Prime Venice/Westside location near the beach, Abbot Kinney, Silicon Beach, dining, and shopping
  • Premium Viking and Wolf appliances with open-concept modern design and 5 garage parking spaces

OVERVIEW

Built in 2020, this striking modern duplex offers a rare balance of thoughtful design, lifestyle flexibility, income potential, and long-term optionality. Spanning approximately 5,539 square feet, the property is configured as two full-floor residences, creating a seamless setup for multigenerational living, owner occupancy with rental income, or a future separate-sale strategy. The upper residence features 4 beds / 5 baths and is currently rented for $11,750 per month. The lower residence offers 3 beds / 4 baths and is expected to be vacant August 1 for immediate owner occupancy or projected rent of approximately $9,300 per month. Combined, the property offers 7 beds / 7 full baths / 2 powder rooms, en suite bedrooms, premium Viking and Wolf appliances, generous open-concept living spaces, private outdoor areas, and a rooftop deck with panoramic city and mountain views. A significant value driver is the permitted pathway to separate the property into two individual units/condominiums with separate APNs, subject to completion of remaining City B-permit requirements and buyer due diligence. With 5 garage parking spaces and a prime Westside location near the beach, Abbot Kinney, Silicon Beach, and sought-after restaurants and amenities, this newer-construction duplex delivers lifestyle, leverage, and future flexibility in one rare offering. Buyer to independently verify all permits, approvals, APNs, B-permit requirements, deadlines, scope of work, contractor pricing, timelines, compliance obligations, and feasibility with the City of Los Angeles, Coastal Commission, qualified contractors, legal counsel, and any other appropriate professionals.

FOR SALE DETAILS

PRICE

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# OF UNITS

2

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5th Avenue Modern Duplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,391 SF

ZONING

RD1.5

APN/PARCEL ID

4240-014-004

ASK ABOUT THIS PROPERTY

Tami PardeePardee PropertiesMore Info
310-907-6517

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Tami PardeePardee PropertiesMore Info
310-907-6517

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