Courtesy of Timothy C. Macker Jr..
Property Description
Entertainment showpiece! This standalone Penthouse allows you to live in a 3K SF Venice home with 2K SF roof deck, all while covering your costs of ownership by collecting rents from the tenants below. This 3-bedroom, 2-bath penthouse is a beautiful blank canvas for those seeking flair and style. The space embraces flexibility, sunlight, & privacy. A separate entry staircase leads visitors into a vast open space illuminated by a wall of soaring French doors and 360 degrees views from every angle. The loft-like living space opens into an outdoor oasis that includes fire pit, landscaped turf yard, & privacy hedges. The penthouse sits above 3 commercial units which offer buyers an opportunity to accrue rental income & cover the cost of ownership. There is a parking lot for +/- 9 cars. This is certainly an asset for a true visionary who wants to live in one of the most exclusive submarkets in all of L.A. Most fixtures have been removed. Photos are from prior tenancy & AS IS condition.
Property Details and Features
- Appliances and Equipment
- None
- Bathrooms
- 2.00 total bathrooms
- 2 three quarter bathrooms
- Bedrooms
- 3 total bedrooms
- House
- 7,968 sq ft
- Built in 1954
- Detached/No Common Walls
- Penthouse
- Cooling
- None
- Disclosures
- Seller/Owner/Principal RE Licensed
- Exterior Features
- Roof Top Deck
- Fireplaces
- None
- Floors
- Hardwood
- Garage
- Uncovered
- Heating
- None
- Home Owner’s Association
- HOA Present
- Laundry
- None
- Listing
- Furnished: Unfurnished
- ListDate: 2020-09-21
- PricePerSqFt: $659
- 200 days on market
- Location
- County: Los Angeles
- ListingArea: Palms – Mar Vista
- Lot
- LotAcreage: 0.1836
- LotSizeArea: 7,998
- Corner Lot
- Parking
- TotalParking: 9
- Pool
- PoolYN: False
- None
- Property
- EntryLocation: Ground Level w/steps
- NumberOfUnits: 4
- PropertySubType: Single Family Residence
- Zoning: LAC2
- French Doors
- Repair Cosmetic
- Additions/Alter
- Spa
- Has spa
- None
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