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1121 Grant Avenue
$1,749,000

Units

2

Building Size

1,934 sf

Lot Size

5,991 sf

Status

Sold

Venice

1121 Grant Avenue

About This Property

Own in Venice while your property helps pay for itself. 1121-1123 Grant Ave presents a rare opportunity for a first-time buyer to step into homeownership with $4,008 per month in existing rental income helping offset the mortgage and property taxes from day one. Live upstairs in the vacant 2-bedroom, 1-bath residence, complete with original hardwood floors, abundant natural light, exclusive access to the property's oversized 2-car garage, and a large private grassy yard that feels like an extension of the home. Downstairs, the second 2-bedroom, 1-bath residence is already tenant-occupied at $4,008 per month, creating meaningful built-in income without sacrificing your own privacy or outdoor space. Set on a generous 5,991-square-foot corner lot in Venice's coveted President Streets, the property is surrounded by mature, drought-tolerant landscaping, with thoughtfully separated outdoor areas for each residence. It's an opportunity to enjoy the space, garage, yard, and lifestyle of a single-family home while benefiting from the economics of a duplex. Just moments from Abbot Kinney, the beach, dining, shopping, and everything that makes Venice one of LA's most desirable neighborhoods, 1121 Grant offers an unusually compelling way to establish a foothold on the Westside. LAR2 zoning also provides future potential for additional units or ADU opportunities (buyer to verify). Live upstairs. Rent downstairs. Own a piece of Venice. Seller intends to complete a 1031 exchange at no cost or liability to Buyer.

Unit Mix

  • 1 unit · 2bd / 1ba

Neighborhood

This property is located in Venice. Want to learn more about the area?

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Listing courtesy of Compass

Listing data from CRMLS. Deemed reliable but not guaranteed.

Sold For

$1,749,000

Listing Agent

Brett Doonan

Compass