Venice (C11) Homes with Triplex Subtype

Welcome to Venice, California – a vibrant coastal gem nestled in Los Angeles County, where the essence of California living meets artistic flair and beachside charm. Known for its iconic canals, stunning sunsets, and eclectic boardwalk, Venice is more than just a destination; it’s a lifestyle. With its rich cultural tapestry, this lively neighborhood attracts both residents and visitors alike, offering an array of boutiques, cafes, and street performers that breathe life into every corner.

For those seeking a unique investment opportunity, triplex homes in Venice present a remarkable chance to embrace both residential comfort and potential income. These versatile properties allow homeowners to live in one unit while renting out the others, making them an ideal choice for savvy investors or families looking to share space while maintaining their privacy. The triplex subtype is particularly appealing in Venice, where the demand for rental properties is consistently high due to the area’s popularity and proximity to the beach.

Imagine waking up to the sound of waves crashing and the scent of salty air, all while being just a stone's throw away from the vibrant Venice Beach. With a triplex, you can enjoy the benefits of coastal living while maximizing your investment potential. Whether you’re drawn to the artistic community, the outdoor activities, or the eclectic dining scene, Venice is a place where dreams come to life. Explore the possibilities that triplex homes in Venice have to offer, and discover your perfect slice of California paradise today!

Newest Venice (C11) Homes with Triplex Subtype

$2,395,000

SB26166342 MLS ⋅ Active Status

Great Owner Occupied or Investment Property. Front House and 1 rear unit are vacant. Welcome to 58 Ozone Avenue, a beautifully reimagined Cape Cod-style triplex on Venice’s iconic and historic Ozone Walk Street, just steps from the sand. This exceptional coastal property offers the best of both worlds—stroll to your right and arrive at the world-famous Santa Monica Beach, or head to your left and experience the vibrant energy of the historic Venice Ocean Front Walk. The thoughtfully remodeled main residence features three bedrooms and two bathrooms, blending timeless character with modern coastal living. Inside you’ll find a spacious living room, family room, and dining area, complemented by a stunning new kitchen with custom cabinetry, new appliances, updated hardware, and a welcoming breakfast bar. The primary suite offers a beautifully remodeled bathroom and custom closet system, while the second and third bedrooms have also been renovated with new custom closet organizers. Original Douglas fir hardwood floors run throughout the home, preserving its classic charm, and a dedicated laundry room adds everyday modern convenience. Outside, the newly landscaped front yard features fresh irrigation, lush plantings, and beautifully finished fencing surrounding a clear redwood front deck—the perfect place to enjoy your morning coffee while embracing the relaxed Venice lifestyle. The two rear residences , one has been newly remodeled they are both one-bedroom, one-bathroom units, complete with their own laundry facility. A spacious private patio creates an ideal setting for entertaining, dining outdoors, or gathering with family and friends. The property also includes a three-car garage, providing valuable off-street parking. Whether you’re looking for an exceptional owner-user opportunity, a multi-generational living arrangement, or a premier investment property, 58 Ozone Avenue delivers outstanding flexibility and long-term value. Included are architectural conceptual floor plans for a proposed second-story addition to the main residence, offering the next owner the opportunity to pursue approvals through the Coastal Commission and further enhance this remarkable property. A rare offering on one of Venice’s most desirable walk streets, 58 Ozone Avenue is a timeless coastal retreat and an outstanding addition to any real estate portfolio.

58 Ozone Ave, Venice

$1,900,000

9 Beds ⋅ 6 Baths ⋅ SB26159060 MLS ⋅ Active Status

Situated in the heart of Venice, 1034 Pleasantview Ave presents the opportunity to acquire a well-maintained three-unit multifamily property in one of Los Angeles' most desirable coastal neighborhoods. Built in 1987, the property consists of three spacious 3-bedroom, 2-bathroom units totaling 3,720 square feet on a 4,634 square foot lot. The property's larger floor plans and newer construction provide a highly desirable housing option in a market where demand for quality rental housing remains strong. Offered at a 4.76% Current CAP Rate and 14.59 Current GRM, the property presents investors with the opportunity to acquire a well-located 1980s-constructed asset that is not subject to Los Angeles City Rent Control (only AB 1482 Statewide Rent Control). The property offers strong long-term income growth potential, achieving a projected 8.22% Pro Forma CAP Rate and 9.60 Pro Forma GRM. Recent capital improvements further enhance the property's appeal, including Hardie Board exterior siding, dual-pane windows, and a new roof installed in 2022. Additional amenities include in-unit laundry in all three units and gated carport parking with six total parking spaces. Built in 1987, the property offers a newer construction profile than much of the surrounding multifamily inventory, contributing to its long-term appeal and operational efficiency. Conveniently located just moments from Abbot Kinney Boulevard, Rose Avenue, Venice Beach, and major Westside employment centers, this offering presents an attractive opportunity to acquire a well-positioned multifamily investment in one of Southern California's most sought-after rental markets.

1034 Pleasantview, Venice

$1,900,000

SB26159033 MLS ⋅ Active Status

1034 Pleasantview, Venice

$2,695,000

PV26002913 MLS ⋅ Active Status

Don’t miss this exceptional multifamily opportunity in an A+ Venice Beach location. Just blocks from the sand and Abbot Kinney, 241 Horizon Ave is ideally positioned near some of Los Angeles’ best dining, shopping, and entertainment. Built in 1987, the property is permitted as a 2-unit building and features two spacious 3-bedroom, 2-bath units, plus an additional 1-bedroom, 1-bath space (unpermitted) currently used by a tenant as an office. Buyers are advised to conduct their own due diligence and consult with the appropriate authorities regarding the legal use of this third unit. The top-floor residence boasts soaring vaulted ceilings, a fireplace, and a generous rooftop deck with neighborhood views. The middle unit also features a fireplace and decks on both ends, offering excellent indoor-outdoor flow. The ground-level 1-bedroom opens through French doors to a large, private outdoor patio. The building has been well maintained and currently generates $10,950 per month in rental income. It offers garage parking, driveway parking as well as street parking. Properties like this rarely come to market in Venice—an outstanding opportunity in a premier coastal neighborhood.

241 Horizon Avenue, Venice

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