1140 Nowita Place, Venice, CA 90291
Local realty services provided by:ERA North Orange County Real Estate
1140 Nowita Place,Venice, CA 90291
$3,499,999
- 6 Beds
- 5 Baths
- 4,015 sq. ft.
- Multi-family
- Active
Listed by: christian aragon
Office: elevate homes818-384-1212
MLS#:26992851
Source:CRMLS
Price summary
- Price:$3,499,999
- Price per sq. ft.:$871.73
About this home
A full Venice corner, 5 distinct residences, and the timeless appeal of early California architecture come together at Nowita Place and Penmar Avenue. Built between 1919 and 1930, 3 single-story Spanish buildings encompass approximately 4,015 square feet on an approximately 12,406-square-foot, 2-lot site held under a single assessor parcel number. Four charming 1-bedroom, 1-bath cottages face Nowita in complementary pairs, each with its own garden path and a private patio or yard. Inside, graceful arches, warm wood floors, original built-in cabinetry, and pristinely maintained baths reflect the care given to these residences over time. Fronting Penmar, a separate 3-bedroom, 2-bath home enjoys its own entrance, driveway, and rear patio, lending the property the privacy and presence of a standalone residence. Together, the 5 leased residences generate scheduled rent of $13,324 per month, or $159,888 annualized. All units are occupied and will be delivered subject to existing tenancies. The property also offers parking for 6 or more vehicles, approximately 134 feet of frontage along each street, and verified [Q]RD3-1XL zoning. Rose Avenue, Abbot Kinney, and the beach are minutes away, placing the pleasures of Venice close at hand while preserving the intimate neighborhood character that makes this corner feel enduringly special. Buyer to independently verify all property information, zoning, and development potential....
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Home facts
- Year built:1919
- Listing ID #:26992851
- Added:48 day(s) ago
- Updated:November 12, 2026 at 01:08 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Kitchen Description:Refrigerator
- Living area:4,015 sq. ft.
Structure and exterior
- Year built:1919
- Building area:4,015 sq. ft.
- Lot area:0.28 Acres
- Levels:1 Story
Finances and disclosures
- Price:$3,499,999
- Price per sq. ft.:$871.73
Parking
- Total parking spaces:6
- Parking description:Uncovered
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