250 3rd Avenue, Venice, CA 90291
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
250 3rd Avenue,Venice, CA 90291
$3,888,000
- 4 Beds
- 8 Baths
- 3,288 sq. ft.
- Multi-family
- Active
Listed by: john swartz, jacqueline carroll
Office: compass310-230-5478
MLS#:26771865
Source:CRMLS
Price summary
- Price:$3,888,000
- Price per sq. ft.:$1,182.48
About this home
250 3rd Avenue, an eight-unit multifamily property situated in the heart of Venice, California one of the most coveted and supply-constrained coastal submarkets in Los Angeles. Thoughtfully redesigned by the acclaimed Teague Designs, the building embodies the refined, architecturally intentional aesthetic that defines modern Venice living, offering a rare convergence of design quality, location, and investment merit.The property offers four one-bedroom / one-bathroom units and four studio units, each substantially upgraded with contemporary cabinetry, modern appliances, and finishes that reflect current market expectations. The unit mix is distinguished by a series of premium features seldom found in comparable product: two of the one-bedroom units boast very large private patios, two top-floor one-bedroom units showcase soaring open ceilings with exposed wood beams, and two studio units offer private balconies all of which extend the indoor-outdoor flow that Venice renters prize. A landscaped communal garden courtyard at the building's entrance provides a welcoming shared outdoor space, and six on-site parking spaces offer a meaningful advantage in a neighborhood where parking is consistently at a premium.Recent capital improvements reflect a comprehensive approach to asset stewardship, including replacement of most electrical systems, upgrades to the majority of lateral plumbing, and complete reconstruction of the building's balconies with new handrails approximately six years ago. On-site laundry serves residents; utilities are landlord-paid, with five electric meters and five gas meters on-site. The existing parking configuration additionally presents a viable ADU development opportunity, subject to applicable zoning approvals, offering a future owner a clear path to added income and asset densification. With its distinguished architectural character, premium unit features, and address within one of the Westside's most desirable lifestyle corridors, 250 3rd Avenue represents a compelling opportunity to acquire a differentiated, income-producing coastal asset with meaningful long-term upside. Please contact listing agents for a copy of the Offering Memorandum....
Contact an agent
Home facts
- Year built:1956
- Listing ID #:26771865
- Added:63 day(s) ago
- Updated:June 24, 2026 at 10:56 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:8
- Kitchen Description:Dishwasher, Refrigerator
- Living area:3,288 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1956
- Building area:3,288 sq. ft.
- Lot area:0.15 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,888,000
- Price per sq. ft.:$1,182.48
Features and amenities
- Appliances:Dishwasher
- Amenities:Ceiling Fans
Parking
- Parking description:Uncovered
New listings near 250 3rd Avenue
- Open Tue, 11am to 1:30pmNew
$1,895,000Active3 beds 3 baths2,029 sq. ft.690 Harbor Street #4, Venice, CA 90291
MLS# PV26135755Listed by: ESTATE PROPERTIES - New
$4,415,000Active4 beds 5 baths3,240 sq. ft.1531 Glencoe Avenue, Venice, CA 90291
MLS# 26848313Listed by: THOMAS JAMES REAL ESTATE SERVICES, INC - Open Sat, 11am to 2pmNew
$2,829,000Active3 beds 4 baths2,395 sq. ft.647 Mildred Avenue, Venice, CA 90291
MLS# 26850249Listed by: COMPASS - New
$3,995,000Active3 beds 4 baths2,554 sq. ft.738 Superba Avenue, Venice, CA 90291
MLS# 26850241Listed by: DOUGLAS ELLIMAN - New
$2,449,000Active4 beds 3 baths2,200 sq. ft.818 Palms Boulevard, Venice, CA 90291
MLS# 26846999Listed by: PARDEE PROPERTIES - Open Sat, 1 to 3pmNew
$1,699,000Active3 beds 3 baths1,812 sq. ft.535 Venice Way, Los Angeles, CA 90291
MLS# 26849057Listed by: COMPASS - New
$1,995,000Active4 beds 5 baths2,672 sq. ft.34 Dudley Avenue, Venice, CA 90291
MLS# 26849565Listed by: J. D. REALTY COMPANY - New
$1,875,000Active4 beds 4 baths3,794 sq. ft.41 Horizon Street, Pacific Beach, WA 98571
MLS# 2542365Listed by: COASTAL COLLECTIVE REAL ESTATE - Open Sat, 1:30 to 4:30pmNew
$2,899,000Active3 beds 4 baths2,238 sq. ft.719 Nowita Place, Venice, CA 90291
MLS# 26848247Listed by: LA REAL - New
$2,000,000Active2 beds 1 baths882 sq. ft.727 Amoroso Place, Venice, CA 90291
MLS# 26847777Listed by: COMPASS