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$2,195,000

Est. payment - /mo

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1 Bed

1 Bath

1,152 SqFt

New

526 Victoria AVE Los Angeles, CA 90291

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Vanessa Sims-Gil

vsimsgilrealty@gmail.com +1(619) 818-9563

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,152 sqft

Price per Sqft $1,905

MLS Listing ID 26871373

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1938

Lot Size 5,000 Sqft

Property Sub-Type Single Family Residence

Property Description

Rarely does a property come to market that defies category. 526 Victoria is one of those properties. Set on a large 5,000 SF lot in the heart of Venice and blanketed by exceptionally rare LAM1, live/work zoning, this reimagined creative compound isn't simply a house for sale, it's a canvas for however you choose to use it. Live in it. Lease it. Reinvent it. Behind the gates, a fully remodeled residence anchors a compound built for a new way of living and working. Sunlight pours across modern finishes and thoughtful, inspired detailing throughout. Step outside and the property keeps unfolding: a private courtyard made for gathering around the fire pit, a vintage Airstream reborn as a stylish standalone meeting space, and a detached garage studio with real ADU upside. Each a distinct opportunity layered into one address. Multiple points of access and off-street parking off both the alley and street round out a level of flexibility almost never found this close to the sand. Just steps from Abbot Kinney Blvd and a short stroll to Venice Beach, 526 Victoria sits inside the gravitational pull of the design studios, restaurants, and galleries that make this pocket of Los Angeles one of the most sought-after and hardest to access creative neighborhoods in the country. Fully leased and cash-flowing today, with the house, garage/studio, and Airstream rented on a month-to-month basis, this is a property that performs now while holding the door open for tomorrow, whichever direction you take it. THREE WAYS TO OWN IT. THE OWNER-USER: Claim it as your own live/work sanctuary, a rare chance to plant a flag steps from Abbot Kinney, with space built to create, entertain, and unwind. THE INVESTOR, Step into a fully stabilized, income-producing asset with a built-in mix of residential and creative-office leases, turnkey cash flow today, with the long-term upside of coveted LAM1 zoning. THE DEVELOPER Oversized lot. Flexible LAM1 zoning. One of LA's most land-constrained submarkets. Few sites offer this combination of scale and optionality for a future redevelopment play.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LAM1

Interior

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Laundry Inside

Exterior

Parking Features Door-Multi, Driveway, Garage

Pool None

View Y/N Yes

View City Lights

Total Parking Spaces 4

Private Pool No

Building

Entry Level One

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4237007021

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Alex Baker Pardee Properties #01999006

NEARBY SCHOOL & BUSINESS

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Vanessa Sims-Gil

Agent | License ID: 02140190

+1(619) 818-9563

526 Victoria AVE Los Angeles, CA 90291

Vanessa Sims-Gil

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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526 Victoria AVE