1121 Grant Ave

Venice, CA 90291
  • $1,749,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 1,934

    SqFt

About the Listing CLW-X8146110 - CLW-C142096

Own in Venice while your property helps pay for itself. 1121-1123 Grant Ave presents a rare opportunity for a first-time buyer to step into homeownership with $4,008 per month in existing rental income helping offset the mortgage and property taxes from day one. Live upstairs in the vacant 2-bedroom, 1-bath residence, complete with original hardwood floors, abundant natural light, exclusive access to the property's oversized 2-car garage, and a large private grassy yard that feels like an extension of the home. Downstairs, the second 2-bedroom, 1-bath residence is already tenant-occupied at $4,008 per month, creating meaningful built-in income without sacrificing your own privacy or outdoor space. Set on a generous 5,991-square-foot corner lot in Venice's coveted President Streets, the property is surrounded by mature, drought-tolerant landscaping, with thoughtfully separated outdoor areas for each residence. It's an opportunity to enjoy the space, garage, yard, and lifestyle of a single-family home while benefiting from the economics of a duplex. Just moments from Abbot Kinney, the beach, dining, shopping, and everything that makes Venice one of LA's most desirable neighborhoods, 1121 Grant offers an unusually compelling way to establish a foothold on the Westside. LAR2 zoning also provides future potential for additional units or ADU opportunities (buyer to verify). Live upstairs. Rent downstairs. Own a piece of Venice. Seller intends to complete a 1031 exchange at no cost or liability to Buyer.

Listing Highlights

Status Active With Contingency
Days on Site 28
Property Type Multi-Family
MLS ® 26867351
Year Built 1949
Total Square Footage 1,934
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances: Refrigerator, Dryer, Washer
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Back Yard,Front Yard,Lawn,Landscaped,Yard,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Zoning: LAR2
  • Roof:
  • Others: 2+ Total Units,Has ADU
  • Sewer: Other
  • Parking Features: Door-Multi,Garage,On Street

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4237030014
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

1121 Grant Ave Venice, CA 90291

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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