Live at Venice Beach and Have Your Tenants Pay Your Bills! Vacant 2BR + 1BA Owner's Unit with (2) Studio Apartments in Back Bringing in $4,850 Per Month! 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. **Large Attic Space that can be converted to legal square footage**!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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