SOLD
$3,900,000
Date 06/20/2023

308 Venice Way
Venice, CA 90291

Single Family
Residence
2
Beds
2
Baths
+
1 Half
3,350
Sqft
0.0631
Lot Size
Listing Agent: Kirsten Kaiyala CalDRE: 02150031 - Side, Inc.
This rare Artist in Residence Live/Work compound in the heart of Venice Beach is perfect for a creative entrepreneur or investor who loves light-filled architecture, open interior space, and privacy. Designed by award winning and much lauded California architect and educator, David Ming-Li Lowe, the property is located steps from the world famous Boardwalk and the trendiest shops and restaurants on Abbot Kinney Blvd.The property is defined by two three-story buildings front and back, each overlooking an ultra private landscaped courtyard. These buildings are framed entirely with structural steel, with exposed posts, beams and cross bracing, which are a major design element on each floor. Translucent Kalwall building panels highlight the changing light throughout the day, and become glowing walls to the exterior at night.A three car garage with high ceilings and large industrial roll up doors make this space perfect for a workshop, storage or artists studio.The open floor plans allow for any kind of office/living space configuration, which makes this property ideal for any usage by an owner/user. Its perfect for use as an office for a production or animation studio, tech startup, architect/design firm, etc.Alternatively, an investor can look to achieve a 4.50% proforma CAP rate in a very competitive Venice marketplace.It is a true original Venice Beach artist loft that embodies the ideal California lifestyle.
IN22143235
Single Family, 3+ Story
2
Los Angeles
2 Full/1 Half
1984
0.0631 Acres
Public
3
Metal
Public Sewer
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Listing Agent: Kirsten Kaiyala CalDRE: 02150031 - Side, Inc.
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