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About This Home

This 7-bedroom, 4-bathroom residential multi family at 12 E 27th Ave in Venice, CA is listed for $2,950,000 ($1,017 per sqft). Built in 1952, the home offers 2,900 sqft of living space on a 0.06 acres lot.

Agent Description

Rare Venice Beach 4-unit property with direct beach access and strong rental history. Each unit features 1-bedroom layouts, modern finishes, and separate meters, providing flexibility for future condo conversion or expansion. Exceptional upside potential with space to add up to 2 ADUs while keeping existing parking, or up to 4 ADUs utilizing more of the parking lot an extremely rare opportunity in Venice.

Units are investor-ready but also perfect for an owner-user seeking extra income, with the ability to manage rentals directly. High-demand location, steps from the sand, shopping, dining, and transit, with parking options that are almost impossible to find in this area. Short-term rental potential for up to two units adds additional flexibility. Prime location!

Key Features

  • Built in 1952
  • 0.06 acre lot
  • 2 stories
  • 10 parking spaces
  • Waterfront

Property Details

2 stories
4 full
10 spaces
1952

Amenities

WaterfrontA/C

Monthly Cost Estimate

$15,777/mo

20% down · 6.5% · 30 years

Principal$2,133
Interest$12,783
Insurance$860

Estimates only. Actual payments may vary.

Location

12 E 27th Ave

Venice, CA 90291

Features & Amenities

Interior Features

Furnished

Property Details

Parking

TandemAssignedSide By SideGuest

Cooling

Wall/Window Unit(s)Wall Unit(s)

Questions & Answers

This 7-bedroom, 4-bathroom residential multi family at 12 E 27th Ave is listed at $2,950,000 ($1,017/sqft). The estimated monthly payment is $12,783 based on 20% down at 6.5% interest.

Key features include: Built in 1952, 0.06 acre lot, 2 stories, 10 parking spaces, Waterfront. Interior Features: Furnished.

This property is listed by Rebeka Shadpour and can be reached at 2137612766 or TryWRI@gmail.com.

RS

Rebeka Shadpour

Agent at Wealth Road Realty

(213) 761-2766

Listed by Wealth Road Realty · View on Broker Site

MLS# 25627765· Source: listhub· Updated 173 days ago

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12 E 27th Ave, Venice, CA 90291

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