2814 Grand Canal, Venice, CA 90291
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2814 Grand Canal Venice, CA 90291

$6,995,000
  • 8 Beds
  • 4 Baths
  • 2,772 Sq.Ft.
For Sale
$6,995,000 Get Pre-Qualified

Map preview of 2814 Grand Canal, Venice, CA 90291

Property Overview: 2814 Grand Canal Venice, CA has 8 bedrooms, 4 bathrooms, 2,772 living square feet and 5,266 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: FULLY VACANT FOUR-PLEX nestled along the picturesque Venice Canal, this property presents an incredible income opportunity for investors or owner/users. Each unit has 2 bedrooms and 1 bathroom, with a single car garage assigned to each unit, and laundry! With all units currently vacant, it's ready to go for investors looking to capitalize on the booming Venice Beach rental market. Or if you are looking for your quintessential Venice Canal getaway while having tenants pay your mortgage, you can have your pick of the vacant units to call your next home! This stunning property stands as a beacon of modern elegance and convenience with each unit, meticulously redesigned, offering a harmonious blend of luxury and functionality. Step inside any of the units, and you're greeted by spaciousness and sophistication. The open floor plan seamlessly integrates the living, dining, and kitchen areas, adorned with tasteful finishes and flooded with natural light. With two bedrooms and one bath, every unit provides ample space for comfortable living. Convenience is key at this property, with each unit featuring its own single-car garage and laundry facilities, ensuring hassle-free living for residents. Outside, the landscape has been completely revitalized, with lush greenery and vibrant flowers creating a serene oasis along the canal. An expansive front yard offers plenty of space for relaxation or outdoor activities, while built-in BBQs provide the perfect setting for alfresco dining and entertaining. The demand for quality housing in this coveted location is consistently high, making this property an attractive prospect for both short-term and long-term rental strategies. Don't miss this incredible investment opportunity!

Listed by Paige Ogden | BRE #02060052 | Pardee Properties
Co-listed by Emma Russell | BRE #02007330 | Pardee Properties
Last checked: 13 minutes ago | Last updated: March 24th, 2024 | Source CRMLS | DOM: 33
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Home details

Lot Sq. Ft
5,266
HOA Dues
$0/mo
Year built
1948
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24350911
City
Venice
County
Los Angeles
Time on Site
35 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $7,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $7,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $7,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $7,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 2814 Grand Canal

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Property Details for 2814 Grand Canal

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
  • Primary Bathroom, Living Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Gas Oven, Range
Interior Features
  • Ceiling Fan(s), Living Room Balcony, Recessed Lighting
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Driveway, Garage - Single Door, Garage
Lot Information
  • Lot Features: Yard, Front Yard, Lawn, Landscaped
Property Information
  • Has View
  • View: Canal
  • Total # of Units: 4
  • Parcel Number: 4227019012
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Washington, South of Venice, East of Pacific, West of Lincoln - on the Venice Canals!
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Sale History for 2814 Grand Canal

Last sold for $3,400,000 on February 24th, 2023
  • February, 2024

  • Feb 22, 2024

    Date

    Active

    CRMLS: 24350911

    $6,995,000

    Price

  • February, 2023

  • Feb 24, 2023

    Date

    Sold

    CRMLS: 22199763

    $3,400,000

    Price

  • Sep 17, 2022

    Date

    Active

    CRMLS: 22199763

    $3,985,000

    Price

  • Listing provided courtesy of CRMLS

    ONE OF THE BEST OPPORTUNITIES IN VENICE IS HERE! Tons of upside potential! This one-of-a-kind property is on a 5,200 sqft DOUBLE LOT, with around 56 sqft of canal frontage. Two freestanding duplex units that are vacant - maximize the income potential in this investment property, live in one and have the others as passive income, or create the compound of your dreams! //About this home: As you step into this sprawling property, you will enjoy both duplex properties each with an upper unit that consists of 2 Bdrms/1 Bath, and a lower unit that is 2 Bdrms/1 Bath. Currently set up as one large unit that has been opened up, and a second unit with two, 2 Bdrm/1 Bath units are light and airy with their own kitchens, patio spaces at the lower units, balconies for the upper units, and head-on water views for all! Two detached, 2-car garages and extra parking on the driveway apron. Tons of potential and so many ways to live, and love this space! //You'll Love: All of the possibilities! Bring your vision to these properties to create your collective compound, or for your investment portfolio in one of the best locations in Los Angeles. //The Neighborhood: Nestled in a prime location on the historic Venice Canals, you are seconds to the beach, a stroll to Abbot Kinney, and surrounded by some of the best restaurants, coffee shops, and attractions in Los Angeles. Live here, and escape in your own Oasis every day! **All rents advertised are estimated projections!**

  • August, 2022

  • Aug 18, 2022

    Date

    Expired

    CRMLS: 22132983

    $4,299,000

    Price

  • Mar 18, 2022

    Date

    Active

    CRMLS: 22132983

    $4,499,000

    Price

  • Listing provided courtesy of CRMLS

    EXTREMELY MOTIVATED SELLER | Incredible investment opportunity on the historic Venice Canals, located in the quiet, residential side of the canals, just a steps to the ocean and moments to Abbot Kinney, great restaurants, shops, and all that Venice has to offer. This charming and sunny west-facing fourplex sits on a rare, spacious double lot with over 56 feet of sought-after canal frontage. This lucrative investment property features two freestanding buildings containing two units each for a total of four two-bed/one-bath units with two detached two-car garages, perfect for potential ADU conversion for additional income (buyer to verify local requirements). Units have balconies on the upper units and private gardens on the lower units. Lots of upside potential and possibilities for the savvy investor. Live in one unit and rent the others, or tear down and build new. Property is also sold with Coastal Commission-approved plans and permits for a sophisticated 4,800-square-foot architectural Balinese-style single-family home with guest house and pool by the highly esteemed Archive Design Group.

  • October, 2021

  • Oct 9, 2021

    Date

    Active

    CRMLS: 21786518

    $4,599,000

    Price

  • Listing provided courtesy of CRMLS

    Presenting this excellent opportunity to develop on one of the largest lots along the iconic Venice Canals, with coveted double-canal frontage. Plans are provided by Archive Design Group and approved by the Coastal Commission. The main residence of this stunning architectural property would feature four bedrooms and three-and-a-half bathrooms, and the guest house would include one bedroom and one bathroom. Experience the full indoor/outdoor California lifestyle with pool, spa, a 1,200-square-foot grassy lawn, and plenty of patio spaces for al-fresco dining. Lot currently features four units, allowing for additional income. This is your chance to build a masterpiece in the heart of it all, immersed in the charm and energy of this famed beach community with all of the shopping, dining, and entertainment the area provides.

  • October, 2021

  • Oct 9, 2021

    Date

    Canceled

    CRMLS: 21734144

    $4,699,000

    Price

  • Jun 2, 2021

    Date

    Active

    CRMLS: 21734144

    $4,699,000

    Price

  • Listing provided courtesy of CRMLS

    Dream development opportunity for one of the largest lots on the iconic Venice Canals with coveted double canal frontage. Incredible Coastal Commission approved architectural plans provided by Archive Design Group. The gorgeous, architectural estate boasts sophisticated finishes throughout a 4 bed/3.5 bath main house and 1 bed/1 bath guest house. Enjoy endless outdoor living with a sparkling pool, spa, 1200 SF grass lawn, and patio spaces for al fresco meals. Lot currently boasts residence with four units, providing option for additional income. In the heart of it all, this rare property is just blocks from the best of Venice including shops, restaurants, entertainment, and the beach!

  • May, 2021

  • May 2, 2021

    Date

    Expired

    CRMLS: 21715764

    $4,995,000

    Price

  • Apr 7, 2021

    Date

    Active

    CRMLS: 21715764

    $4,995,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible investment opportunity to purchase one of the largest lots on the famed Venice Canals. Anchored by the premium location, the west-facing lot provides an abundant amount of light and canal frontage. 2 of the units contain 2 bedrooms + 1 bathroom and the other unit contains 4 bedrooms + 2 bathrooms. An impeccable location all within 2 blocks from the sand and just moments away from Abbot Kinney Blvd.

  • May, 2021

  • May 2, 2021

    Date

    Expired

    CRMLS: 20632752

    $4,995,000

    Price

  • Mar 12, 2021

    Date

    Active

    CRMLS: 20632752

    $4,995,000

    Price

  • Feb 28, 2021

    Date

    Withdrawn

    CRMLS: 20632752

    $4,995,000

    Price

  • Sep 15, 2020

    Date

    Active

    CRMLS: 20632752

    $4,995,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible opportunity to purchase one of the largest lots on the famed Venice Canals with highly curated, Coastal Commission approved architectural plans by Archive Design Group. Anchored by the premium location, the sophistication of the architecture and design, 2814 Grand Canal is sure to be one of the most significant trophy properties in all of Venice. The west-facing lot provides an abundant amount of light and cooling elements for a highly functional and energy-efficient home. There is the 4BD/3.5BA primary home and a 1BD/1BA guest house encompassing nearly 4,800 Sq Ft of indoor-outdoor luxury living with double the canal frontage, a large 1,200 Sq Ft grassy front lawn, and a pool & spa all within 2 blocks from the sand and just moments away from Abbot Kinney Blvd. Plans may be altered to fit the needs of an owner/user prior to final permit issuance.

  • June, 2020

  • Jun 16, 2020

    Date

    Expired

    CRMLS: 20551108

    $4,995,000

    Price

  • Feb 11, 2020

    Date

    Active

    CRMLS: 20551108

    $4,995,000

    Price

  • Listing provided courtesy of CRMLS

    Development opportunity for a Venice canal "double lot" with existing 4-plex structure. The perfectly situated west-facing property can be renovated as a desirable canal front 4 unit rental property or developed as luxury oasis with a 59 foot wide canal facing front yard. The current structure consists of a 4 unit residence with canal-front views -- each unit has 2BR+1BA -- delivered completely vacant. There are numerous possibilities for development of the property and all include 360 degree views of the canals and mountains.If you want it all . . . canal front large yard, western exposure, ocean breezes, wonderful views located close to the beach . . . this is your property!

  • October, 2014

  • Oct 15, 2014

    Date

    Sold (Public Records)

    Public Records

    $3,300,000

    Price

  • March, 2005

  • Mar 11, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2814 Grand Canal

Assessed Value (2020): $3,626,496
Year Land Value Improved Value Assessed Value
2020 $2,527,558 $1,098,938 $3,626,496

Home Value Compared to the Market

This property vs the competition

2814 Grand Canal is listed 150% higher than the median list price for the city of Venice which has a median list price of $2,798,000. The median price per/sqft for Venice is $1,235 and this home is listed at $2523.45 per/sqft which puts the price per square foot 104.33% higher than the median price per square foot for the city of Venice.

About 2814 Grand Canal

Detailed summary of property

2814 Grand Canal is a multi family located in Venice, CA 90291 and is currently for sale. This multi family property offers 8 bedrooms, 4 bathrooms, roughly 2,772 living square feet, and sits on an approximately 5,266 square foot lot. 2814 Grand Canal was first listed on ArdentRealEstateGroup.com on February 23, 2024. The homeowner is currently asking $6,995,000. The median priced home in Venice is $2,798,000 with a median price per square foot of $1,235. Based on Ardent Real Estate Group's Venice Market Data, this home is listed 150% higher than the median priced home. Local competing homes currently for sale include 1439 N Curson Ave, 2709 W Pico Blvd and 526 W 47th St. While the average home in Venice, CA is selling in 106 days, 2814 Grand Canal has a days on market of 33 days. There are currently 143 homes for sale in the Venice real estate market and 129 of them are single family homes while 9 of them are condos and 5 are townhomes. For more information on this home for sale at 2814 Grand Canal Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 2814 Grand Canal

Public county record property details
Beds
8
Baths
4
Year built
1948
Sq. Ft.
2,772
Lot Size
5,264
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
229
APN
4227-019-012

The source for these homes facts are from public records.

90291 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,798,000
Median List Price/Sq.Ft.
$1,253
Median Sold Price
$1,795,000
Median Sold Price/Sq.Ft.
$1,104
Total Inventory
134
Median Sale to List Price %
100%
Avg Days on Market
29
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (18.18%), Other (27.27%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.