705 Flower AVE, Venice, CA 90291
Frances Baldwin
Frances Baldwin

Owner - Agent - Loan Consultant License ID: DRE# 01194971 NMLS# 330182

+1(310) 245-5626

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$ 1,710,000

$ 1,775,000 3.7%

Est. payment /mo
Sold on 08/31/2026

705 Flower AVE Venice, CA 90291

4 Beds

4 Baths

1,540 SqFt


UPDATED:

Key Details

Sold Price $1,710,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 1,540 sqft

Price per Sqft $1,110

MLS Listing ID 26853761

Sold Date 08/31/26

Bedrooms 4

HOA Y/N No

Year Built 1939

Lot Size 5,802 Sqft

Property Description

**4-Unit Investment with Approved ADU Permits** Remodeled and thoughtfully upgraded over the years, 705 Flower Ave presents a rare opportunity to acquire a pride-of-ownership four-unit property in one of Venice's most sought-after neighborhoods. Originally constructed in 1939, the property blends classic architectural character with thoughtful modern updates, offering four light-filled studio apartments that retain much of their original charm. Offered at $1,775,000, the property consists of four studio units and four separately leased garages generating approximately $121,000 in scheduled gross income, along with fully approved ADU permits to convert the existing recreation room into a fifth unit. With permits already in place, a buyer can begin construction seamlessly and unlock additional rental income without the uncertainty of the entitlement process. Over the years, the owner has made substantial capital improvements, including updated electrical and plumbing systems, remodeled units, smooth stucco, new roofing, upgraded gas service, new decking, a new entry gate, and numerous other system upgrades that help reduce near-term capital expenditures. The property offers approximately 45% rental upside through the approved ADU conversion, allowing investors to add substantial value while acquiring a well-maintained asset with significant capital improvements already completed. Set on a 5,802-square-foot lot, the property features private decks and patios surrounded by lush greenery and garden landscaping, along with original hardwood flooring, spacious kitchens, and abundant natural light throughout the units. Ideally located in a quiet pocket of North Venice near the Santa Monica border, residents are just one block from Rose Avenue's popular restaurants and cafes, one block from Whole Foods Market, and approximately seven blocks from Venice Beach and Main Street Santa Monica. Combining timeless character, a premier Westside location, and exceptional value-add potential, 705 Flower Ave represents a compelling investment opportunity.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD1.5

Interior

Fireplace No

Appliance Refrigerator

Exterior

Garage Spaces 4.0

Garage Description 4.0

Community Features Gated

Total Parking Spaces 4

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4240018052

Security Features Gated Community,Security Guard

Special Listing Condition Standard


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Listed by David Messiah Lyon Stahl Investment Real Estate, Inc. #02117893
Bought with David Messiah Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOLS & PROPERTIES

Frances Baldwin

Frances Baldwin

Owner - Agent - Loan Consultant License ID: DRE# 01194971 NMLS# 330182

+1(310) 245-5626

GET MORE INFORMATION

Name
Phone*
Message

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705 Flower AVE