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For salePrice cut: $95K (8/7)
$2,599,999
4beds
5baths
2,673sqft

521 Venice Way, Venice, CA 90291

4beds
5baths
2,673sqft
Multi family
Built in 1947
5 Parking spaces
$973 price/sqft

What's special

Welcome to The Bungalow Triplex, a rare Venice offering that perfectly blends charm, lifestyle, and income potential. Whether you're an owner-user seeking supplemental rental income, an investor looking to maximize returns, or exploring short-term rental opportunities, this unique property presents exceptional versatility in one of Los Angeles' most coveted coastal neighborhoods. Ideally located just moments from the Venice Canals, Venice Beach, and the renowned shops, restaurants, and boutiques of Abbot Kinney Boulevard, this is quintessential Venice living at its finest. The spacious rear residence is a 2-bedroom, 2.5-bath townhome-style unit spanning approximately 1,200 square feet. Designed to live like a single-family home, it features dual en-suite bedrooms, vaulted ceilings, a private balcony, and an open, airy floor plan that offers both comfort and privacy. At the front of the property are two charming 1-bedroom, 1-bath detached bungalows, each filled with natural light and character. The true appeal of this property is that every residence lives as its own private bungalow, a highly desirable feature that consistently attracts quality tenants in the Venice market. All three units have been thoughtfully updated with upgraded appliances, private in-unit washers and dryers, and benefit from recently replaced gas lines and a newer roof. The property also offers five parking spaces, beautifully landscaped communal outdoor areas, and an outdoor shower perfect for rinsing off after a day at the beach. With strong rental appeal, exceptional flexibility, and an unbeatable Venice location, The Bungalow Triplex presents a rare opportunity for both investors and owner-users to enjoy the best of coastal California living while generating meaningful income.

67 days
|
288
|
14
|
Source: CLAW,MLS#: 26841919MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Simon Mashian DRE # 01776131 310-666-8646,

Christie's International Real Estate SoCal 424-249-7162

Source: CLAW,MLS#: 26841919MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 5
Heating
  • Central
Cooling
  • Window Unit(s)
Appliances
  • Included: Dishwasher, Dryer, Microwave, Refrigerator, Range/Oven, Disposal, Washer
  • Laundry: In Unit
Features
  • Built-Ins
  • Has fireplace: Yes
  • Fireplace features: Living Room
Interior area
  • Total structure area: 2,673
  • Total interior livable area: 2,673 sqft

Property

Parking
  • Total spaces: 5
  • Parking features: Assigned
Features
  • Levels: Multi/Split
  • Exterior features: Balcony
  • Pool features: None
  • Spa features: None
  • Fencing: Fenced,Fenced Yard
  • Has view: Yes
  • View description: None
  • Waterfront features: None
Lot
  • Size: 4,491 Square Feet
  • Features: Landscaped, Front Yard, Yard, City Lot
Details
  • Additional structures: None
  • Parcel number: 4238019020
  • Zoning: LARD1.5
  • Special conditions: Standard

Construction

Type & style
  • Home type: MultiFamily
  • Architectural style: Bungalow
  • Property subtype: Multi Family
Condition
  • Updated/Remodeled
  • Year built: 1947

Community & HOA

Community
  • Security: Gated
Location
  • Region: Venice

Financial & listing details

  • Price per square foot: $973/sqft
  • Tax assessed value: $2,448,000
  • Date on market: 6/25/2026
  • Road surface type: Alley Paved

Price history

DateEventPrice
8/7/2026Price change$2,599,999-3.5%$973/sqft
Source: CLAW #26841919 Report a problem
6/25/2026Listed for sale$2,695,000+0.2%$1,008/sqft
Source: CLAW #26841919 Report a problem
1/12/2026Listing removed$2,690,000$1,006/sqft
Source: CLAW #25583357 Report a problem
1/5/2026Price change$2,690,000-0.2%$1,006/sqft
Source: CLAW #25583357 Report a problem
9/4/2025Listed for sale$2,695,000-2.7%$1,008/sqft
Source: CLAW #25583357 Report a problem
4/17/2025Listing removed$2,769,000$1,036/sqft
Source: CLAW #25-475771 Report a problem
3/20/2025Price change$2,769,000-0.9%$1,036/sqft
Source: CLAW #25-475771 Report a problem
3/7/2025Price change$2,793,0000%$1,045/sqft
Source: CLAW #25-475771 Report a problem
2/13/2025Price change$2,794,0000%$1,045/sqft
Source: CLAW #25-475771 Report a problem
1/2/2025Listed for sale$2,795,000-0.1%$1,046/sqft
Source: CLAW #25-475771 Report a problem
10/23/2024Listing removed$2,799,000$1,047/sqft
Source: CLAW #24-415909 Report a problem
7/16/2024Listed for sale$2,799,000-5.1%$1,047/sqft
Source: CLAW #24-415909 Report a problem
5/22/2024Listing removed--
Source: CLAW #24-376551 Report a problem
5/7/2024Listed for sale$2,950,000$1,104/sqft
Source: CLAW #24-376551 Report a problem
4/30/2024Contingent$2,950,000$1,104/sqft
Source: CLAW #24-376551 Report a problem
4/11/2024Listed for sale$2,950,000-1.7%$1,104/sqft
Source: CLAW #24-376551 Report a problem
10/2/2023Listing removed--
Source: CLAW #23-294943 Report a problem
8/24/2023Price change$2,999,999-3.2%$1,122/sqft
Source: CLAW #23-294943 Report a problem
8/2/2023Listed for sale$3,099,999$1,160/sqft
Source: CLAW #23-294943 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment
$15,533/mo
Principal & interest
$12976
Property taxes
$2557
More affordability toolsChevron Right

Estimated market value

$2,506,800

$2.38M - $2.63M

$5,605/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Venice

Nearby schools

Westminster Avenue Elementary School
Grades K-50.4 miles
7/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
6/10
Mark Twain Middle School and World Languages Magnet
Grades 6-81.6 miles
8/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
7/10
Venice Senior High School
Grades 9-121.4 miles
8/10
GreatSchools® Rating
Test Score Rating
8/10
College Readiness Rating
7/10