Skip To Content
    Return to Previous Page

    821 Milwood Avenue

    Venice, CA 90291
    • $1,800,000
    • STATUS: Pending
    • ON SITE: 63 days
    • ID#: SB20206288
    Pending
    UPDATED: 238 min ago
    $1,800,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,028
      SQFT
    • $888
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:
    Area:

    School Ratings & Info

    Description

    821 Milwood Ave welcomes you to an incredibly unique duplex located in the coveted Oakwood neighborhood of Venice. This property features a 2-bedroom, 1-bath California craftsman style bungalow in the front and an attached one-of-a-kind original 30 foot high Venice Loft with 1-bedroom, 1-bath loft, a double-height studio which acts as a creatives' dream workspace in the rear with its own bathroom, mezzanine, and a floor-to-ceiling garage door allowing for an incredible open-air work or entertainment space.+-The Loft was designed in the late 70+GGs by a young Steven Ehrlich and former home to the renowned American sculptor Guy Dill. The sun-filled top floor - the Treehouse - presents the perfect opportunity for a creative owner/user looking for an intimate yet cozy open-planned living space above their atelier with sweeping views of Los Angeles; surrounding mountainous landscape and their ever changing scenery.+-The front unit is occupied with a long-term, stable tenant paying market rent and allows the owner to generate additional income.+-This property, zoned LAR2, is well-located just blocks from Abbot Kinney and minutes from the beach. In a city so dense with traffic,+-the ability to walk to local+-restaurants, markets, shops allows you to feel a part of the diverse community.+-The owner is highly motivated to sell and hopes to find someone who will fall in love with this artists+GG paradise. When you see it, you will become+-enamored with the charm and uniqueness of this property!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-05T00:28:03.27. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

    www.legacy15.com/homes/110633609
    Print Image

    821 Milwood Avenue Venice, CA 90291

    • Price: $1,800,000
    • Status: Pending
    • Updated: 238 min ago
    • ID#: SB20206288
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,028
    SQFT
    $888
    $/SQFT
    1913
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    821 Milwood Ave welcomes you to an incredibly unique duplex located in the coveted Oakwood neighborhood of Venice. This property features a 2-bedroom, 1-bath California craftsman style bungalow in the front and an attached one-of-a-kind original 30 foot high Venice Loft with 1-bedroom, 1-bath loft, a double-height studio which acts as a creatives' dream workspace in the rear with its own bathroom, mezzanine, and a floor-to-ceiling garage door allowing for an incredible open-air work or entertainment space.+-The Loft was designed in the late 70+GGs by a young Steven Ehrlich and former home to the renowned American sculptor Guy Dill. The sun-filled top floor - the Treehouse - presents the perfect opportunity for a creative owner/user looking for an intimate yet cozy open-planned living space above their atelier with sweeping views of Los Angeles; surrounding mountainous landscape and their ever changing scenery.+-The front unit is occupied with a long-term, stable tenant paying market rent and allows the owner to generate additional income.+-This property, zoned LAR2, is well-located just blocks from Abbot Kinney and minutes from the beach. In a city so dense with traffic,+-the ability to walk to local+-restaurants, markets, shops allows you to feel a part of the diverse community.+-The owner is highly motivated to sell and hopes to find someone who will fall in love with this artists+GG paradise. When you see it, you will become+-enamored with the charm and uniqueness of this property!
    Exterior Features

    Garage Spaces 0.00 Lot Features Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes Uncovered Spaces 2.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Inside Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 50.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1200.00 Gross Income 69384.00 Gross Scheduled Income 69384.00 Insurance Expense 1533.00 Land Lease YN No Laundry YN Yes Net Operating Income 44318.00 New Construction YN No New Taxes Expense 21132.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 25066.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 25066.00 Trash Expense 50.00 Water Sewer Expense 50.00 Water Source Public Year Built Source Public Records Zoning Lar2

    Listing provided courtesy of Austin Zahn of Lyon Stahl Investment Real Estate, Inc. and Gavin Ross of Lyon Stahl Investment Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-05T00:28:03.27. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364792846-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364792846-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364792846-1.jpg
    Logo
    Legacy 15 Real Estate Brokers
    22521 Avenida Empresa Suites 100 & 102
    Rancho Santa Margarita CA, 92688