1140 Nowita PL, Venice, CA 90291
1140 Nowita PL, Venice, CA 90291
1140 Nowita PL, Venice, CA 90291
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Ryan Arita

Ryan Arita

+1(818) 288-8857
$3,499,999
Est. payment /mo
6 Beds
5 Baths
4,015 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,015 sqft

Price per Sqft $871

MLS Listing ID 26992851

Bedrooms 6

HOA Y/N No

Year Built 1919

Lot Size 0.285 Acres

Property Description

A full Venice corner, 5 distinct residences, and the timeless appeal of early California architecture come together at Nowita Place and Penmar Avenue. Built between 1919 and 1930, 3 single-story Spanish buildings encompass approximately 4,015 square feet on an approximately 12,406-square-foot, 2-lot site held under a single assessor parcel number. Four charming 1-bedroom, 1-bath cottages face Nowita in complementary pairs, each with its own garden path and a private patio or yard. Inside, graceful arches, warm wood floors, original built-in cabinetry, and pristinely maintained baths reflect the care given to these residences over time. Fronting Penmar, a separate 3-bedroom, 2-bath home enjoys its own entrance, driveway, and rear patio, lending the property the privacy and presence of a standalone residence. Together, the 5 leased residences generate scheduled rent of $13,324 per month, or $159,888 annualized. All units are occupied and will be delivered subject to existing tenancies. The property also offers parking for 6 or more vehicles, approximately 134 feet of frontage along each street, and verified [Q]RD3-1XL zoning. Rose Avenue, Abbot Kinney, and the beach are minutes away, placing the pleasures of Venice close at hand while preserving the intimate neighborhood character that makes this corner feel enduringly special. Buyer to independently verify all property information, zoning, and development potential.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD3

Interior

Heating None

Cooling None

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Uncovered

Total Parking Spaces 6

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4242009012

Financing Cash,Conventional

Special Listing Condition Standard

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Christian Aragon Elevate Homes #01930233

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches
 
Serving Arizona
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
More