Property Description

This rare Artist in Residence Live/Work compound in the heart of Venice Beach is perfect for a creative entrepreneur or investor who loves light-filled architecture, open interior space, and privacy. Designed by award winning and much lauded California architect and educator, David Ming-Li Lowe, the property is located steps from the world famous Boardwalk and the trendiest shops and restaurants on Abbot Kinney Blvd.

The property is defined by two three-story buildings front and back, each overlooking an ultra private landscaped courtyard. These buildings are framed entirely with structural steel, with exposed posts, beams and cross bracing, which are a major design element on each floor. Translucent Kalwall building panels highlight the changing light throughout the day, and become glowing walls to the exterior at night.

A three car garage with high ceilings and large industrial roll up doors make this space perfect for a workshop, storage or artist’s studio.

The open floor plans allow for any kind of office/living space configuration, which makes this property ideal for any usage by an owner/user. It’s perfect for use as an office for a production or animation studio, tech startup, architect/design firm, etc.

Alternatively, an investor can look to achieve a 4.32% proforma CAP rate in a very competitive Venice marketplace.

It is a true original Venice Beach artist loft that embodies the ideal California lifestyle.

*Buyer to verify square footage and perform their own inspections, as there may be unpermitted improvements on the premises.

Features
: Central, Natural Gas
: Gas, Electric, Heat Pump, Wall/window Unit(s)
: Courtyard
: 3
: Dishwasher, Tankless Water Heater, Refrigerator, Electric Cooktop
: Sidewalks, Street Lights, Dog Park, Biking, Urban
: Garage, Garage Faces Rear
$0
: Public Sewer
Address Map
US
CA
Los Angeles
Venice
90291
308 Venice Way
0
W119° 31' 49.7''
N33° 59' 13.8''
Additional Information
Side, Inc.
Kirsten Kaiyala
$0
3
0 Sqft
$0
: Steel, Fiberglass Siding
1
1
Located on the south side of Venice Way, between Main St and Rivieria.
$0
3
Palo Verde
: Ceiling Fan(s), Wet Bar, Workshop, High Ceilings, Storage, All Bedrooms Up, Multiple Master Suites, Open Floorplan, Living Room Deck Attached, Beamed Ceilings, Instant Hot Water
1
kirsten@evecap.com
Conventional
mlsinfo@sideinc.com
: Yard, Garden
$0
Rogich Sig
1
4238021031
1
: Standard
3
: House
$0
: Sewer Connected, Water Connected, Phone Available, Electricity Connected, Natural Gas Connected, Cable Connected
INKAIYKIR
IN1158
25

Residential

308 Venice Way, Venice, California90291

2 Bedrooms
2 Bathrooms
3,350 Sqft
$4,375,000
Listing ID #IN22143235
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : IN22143235
Price : $4,375,000
Bedrooms : 2
Bathrooms : 2
Half Bathrooms : 1
Square Footage : 3,350 Sqft
Year Built : 1984
Lot Area : 2,750 Sqft
Status : Active
Property Sub Type : Single Family Residence
Agent info
Contact Agent
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