705 Flower Ave, Venice, CA 90291
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705 Flower Ave, Venice, CA 90291
705 Flower Ave, Venice, CA 90291
705 Flower Ave, Venice, CA 90291
705 Flower Ave, Venice, CA 90291
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Gabriel Carrasco

Gabriel Carrasco

+1(424) 422-6029
$ 1,775,000
Est. payment /mo
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Coming Soon

705 Flower Ave Venice, CA 90291

4 Beds

4 Baths

1,540 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,540 sqft

Price per Sqft $1,152

MLS Listing ID 26853761

Bedrooms 4

Year Built 1939

Lot Size 5,802 Sqft

Acres 0.1332

Property Sub-Type Multi-Family

Property Description

**4-Unit Investment with Approved ADU Permits** Remodeled and thoughtfully upgraded over the years, 705 Flower Ave presents a rare opportunity to acquire a pride-of-ownership four-unit property in one of Venice's most sought-after neighborhoods. Originally constructed in 1939, the property blends classic architectural character with thoughtful modern updates, offering four light-filled studio apartments that retain much of their original charm. Offered at $1,775,000, the property consists of four studio units and four separately leased garages generating approximately $121,000 in scheduled gross income, along with fully approved ADU permits to convert the existing recreation room into a fifth unit. With permits already in place, a buyer can begin construction immediately after closing and unlock additional rental income without the uncertainty of the entitlement process. Over the years, the owner has made substantial capital improvements, including updated electrical and plumbing systems, remodeled units, smooth stucco, new roofing, upgraded gas service, new decking, a new entry gate, and numerous other system upgrades that help reduce near-term capital expenditures. The property offers approximately 45% rental upside through the approved ADU conversion, allowing investors to add substantial value while acquiring a well-maintained asset with significant capital improvements already completed. Set on a 5,802-square-foot lot, the property features private decks and patios surrounded by lush greenery and garden landscaping, along with original hardwood flooring, spacious kitchens, and abundant natural light throughout the units. Ideally located in a quiet pocket of North Venice near the Santa Monica border, residents are just one block from Rose Avenue's popular restaurants and cafes, one block from Whole Foods Market, and approximately seven blocks from Venice Beach and Main Street Santa Monica. Combining timeless character, a premier Westside location, and exceptional value-add potential, 705 Flower Ave represents a compelling investment opportunity.

Location

State CA

County Los Angeles

Area Venice

Zoning LARD1.5

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Garage - 4+ Car, Garage Is Detached

Garage Spaces 4.0

Building

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.
Gabriel Carrasco

Gabriel Carrasco

Agent | License ID: DRE# 02229520

+1(424) 422-6029

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705 Flower Ave