1140 Nowita Pl, Venice, CA 90291
1140 Nowita Pl, Venice, CA 90291
1140 Nowita Pl, Venice, CA 90291
1140 Nowita Pl, Venice, CA 90291
1140 Nowita Pl, Venice, CA 90291
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,499,999
Est. payment | /mo

6 Beds

5 Baths

4,015 SqFt


Save
$ 3,499,999
Est. payment | /mo
Save

6 Beds

5 Baths

4,015 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,015 sqft

Price per Sqft $871

MLS Listing ID 26992851

Bedrooms 6

Year Built 1919

Lot Size 0.285 Acres

Acres 0.2849

Property Sub-Type Multi-Family

Property Description

A full Venice corner, 5 distinct residences, and the timeless appeal of early California architecture come together at Nowita Place and Penmar Avenue. Built between 1919 and 1930, 3 single-story Spanish buildings encompass approximately 4,015 square feet on an approximately 12,406-square-foot, 2-lot site held under a single assessor parcel number. Four charming 1-bedroom, 1-bath cottages face Nowita in complementary pairs, each with its own garden path and a private patio or yard. Inside, graceful arches, warm wood floors, original built-in cabinetry, and pristinely maintained baths reflect the care given to these residences over time. Fronting Penmar, a separate 3-bedroom, 2-bath home enjoys its own entrance, driveway, and rear patio, lending the property the privacy and presence of a standalone residence. Together, the 5 leased residences generate scheduled rent of $13,324 per month, or $159,888 annualized. All units are occupied and will be delivered subject to existing tenancies. The property also offers parking for 6 or more vehicles, approximately 134 feet of frontage along each street, and verified [Q]RD3-1XL zoning. Rose Avenue, Abbot Kinney, and the beach are minutes away, placing the pleasures of Venice close at hand while preserving the intimate neighborhood character that makes this corner feel enduringly special. Buyer to independently verify all property information, zoning, and development potential. www.1140nowitaplace.com

Location

State CA

County Los Angeles

Area Venice

Zoning LARD3

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment Range/Oven, Refrigerator

Exterior

Parking Features Uncovered

Garage Spaces 6.0

Building

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Elevate Homes

NEARBY SCHOOLS & PROPERTIES

Shantrece's Assistant

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1140 Nowita Pl