$2,975,000

Presenting the Venice Bungalows: a rare opportunity to own a potential family compound consisting of three charming individual homes set behind privacy gates on one lot, located near iconic beaches and just two blocks to the chic boutiques, shops, and eateries along famed Abbot Kinney Boulevard. This property is extremely versatile with endless potential for an owner-user, investor, or developer. A three-home compound in the heart of Venice: live in one and rent the others, buy as a Tenants in Common property with two others as an alternative to renting, use as offices, corporate housing, artist bungalows, or a lucrative source of rental income. The desirable location of this RD1.5 oversized 6,000+ corner lot also makes it a prime spot to build multiple units within seconds to all the magic of Venice: beach sunsets, hot restaurants on Abbot Kinney and Rose, the new NeueHouse, and the revival of the Silicon Beach tech scene. This property has a Walk Score of 97 and a Bike Score of 99. Each of these delightful homes includes one bedroom and one bathroom, a decorative fireplace in the living room, dining room, and a bright remodeled kitchen with contemporary backsplash and stainless-steel appliances. Bedrooms are light-filled, and bathrooms are appointed in designer modern tile and on-trend fixtures and finishes. Each home has its own private yard which provides plenty of room for outdoor dining or lounging with guests and enjoying sunny summer days under blue California skies.