High Equity Venice Fixer, just 3 blocks from Abbot Kinney Blvd. Charming classic craftsman and detached artist's unit, in one of the most tranquil nooks in Venice. The main house shows as a 3+1, with approx 1800 SF, and plenty of space to potentially reconfigure. There are also multiple bonus areas, including a large enclosed sunroom that adds to the spacious, open feel of the home. Most of the original details and built-ins are still in place, providing an opportunity to update the property while still respecting the original character of the house and neighborhood. Other craftsmans in the area have also added a 2nd story to the original homes. In the back of the lot sits an 856 SF, detached, 1 + 1 unit, which can also be accessed through its own private fence on Superba. A current average sales price of $1290 / SF for homes in 90291, would give a possible after repair value in the mid 3s. With many of the properties in the immediate vicinity being listed or sold for well above the average, there is significant upside potential for an investor who can bring the property up to the current neighborhood standards, or an owner/builder who is willing to put in the sweat equity to customize their dream home while maximizing ROI. This is a fixer and the entire
1801 Shell Ave., Venice, CA 90291
Directions to here from: 155 mi
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Listed by Mike Motamedi with Big Block Realty
Based on information from the MLSListings MLS) as of 3/29/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.