705 Flower Avenue, Venice, CA 90291
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
705 Flower Avenue,Venice (los Angeles), CA 90291
$1,775,000
- - Beds
- - Baths
- 1,540 sq. ft.
- Multi-family
- Active
Listed by: david messiah
Office: lyon stahl investment real estate, inc.
MLS#:CL26853761
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,775,000
- Price per sq. ft.:$1,152.6
About this home
**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 seamlessly 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....
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Home facts
- Year built:1939
- Listing ID #:CL26853761
- Added:48 day(s) ago
- Updated:August 24, 2026 at 02:34 PM
Rooms and interior
- Living area:1,540 sq. ft.
Structure and exterior
- Year built:1939
- Building area:1,540 sq. ft.
- Lot area:0.13 Acres
Finances and disclosures
- Price:$1,775,000
- Price per sq. ft.:$1,152.6
Bay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 24, 2026New listings near 705 Flower Avenue
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