250 3rd Ave, Venice, CA 90291
250 3rd Ave, Venice, CA 90291
250 3rd Ave, Venice, CA 90291
250 3rd Ave, Venice, CA 90291
250 3rd Ave, Venice, CA 90291
250 3rd Ave, Venice, CA 90291
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Shantrece Thomas

Shantrece Thomas

+1(904) 760-6560
$ 3,888,000
Est. payment | /mo

4 Beds

8 Baths

3,288 SqFt

Save
$ 3,888,000
Est. payment | /mo
Save

4 Beds

8 Baths

3,288 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,288 sqft

Price per Sqft $1,182

MLS Listing ID 26771865

Bedrooms 4

Year Built 1956

Lot Size 6,324 Sqft

Acres 0.1452

Property Sub-Type Multi-Family

Property Description

250 3rd Avenue, an eight-unit multifamily property situated in the heart of Venice, California one of the most coveted and supply-constrained coastal submarkets in Los Angeles. Thoughtfully redesigned by the acclaimed Teague Designs, the building embodies the refined, architecturally intentional aesthetic that defines modern Venice living, offering a rare convergence of design quality, location, and investment merit.The property offers four one-bedroom / one-bathroom units and four studio units, each substantially upgraded with contemporary cabinetry, modern appliances, and finishes that reflect current market expectations. The unit mix is distinguished by a series of premium features seldom found in comparable product: two of the one-bedroom units boast very large private patios, two top-floor one-bedroom units showcase soaring open ceilings with exposed wood beams, and two studio units offer private balconies all of which extend the indoor-outdoor flow that Venice renters prize. A landscaped communal garden courtyard at the building's entrance provides a welcoming shared outdoor space, and six on-site parking spaces offer a meaningful advantage in a neighborhood where parking is consistently at a premium.Recent capital improvements reflect a comprehensive approach to asset stewardship, including replacement of most electrical systems, upgrades to the majority of lateral plumbing, and complete reconstruction of the building's balconies with new handrails approximately six years ago. On-site laundry serves residents; utilities are landlord-paid, with five electric meters and five gas meters on-site. The existing parking configuration additionally presents a viable ADU development opportunity, subject to applicable zoning approvals, offering a future owner a clear path to added income and asset densification. With its distinguished architectural character, premium unit features, and address within one of the Westside's most desirable lifestyle corridors, 250 3rd Avenue represents a compelling opportunity to acquire a differentiated, income-producing coastal asset with meaningful long-term upside. Please contact listing agents for a copy of the Offering Memorandum.

Location

State CA

County Los Angeles

Area Venice

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Dishwasher, Ceiling Fan, Refrigerator, Freezer, Range/Oven

Exterior

Parking Features Uncovered

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

NEARBY SCHOOLS & PROPERTIES

Shantrece Thomas

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

+1(904) 760-6560

shantrecethomas@gmail.com

200 W FORSYTH STREET SUITE 1605, Jacksonville, Florida, 32202, United States

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250 3rd Ave