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$1,786,000
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Property Description
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.
Full Property Details
Full Property Details for 1121 Grant Ave
General
- Sold For: $1,786,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26867351
- Added to Site: 61 day(s) ago
Interior
- Flooring: Wood Under Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Outside, Room
Additional Information
- Other Features: None
Parking
- Garage Description: Garage - 2 Car, Garage Is Attached, On street
Location
- Area: Venice
- County: Los Angeles
- Driving Directions: Heading South on Lincoln, make a right on to Grant Ave.
- Direction Faces: West
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Utilities
- Sewer: In Street
Structural Information
- # Buildings: 1
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 1,934
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1949
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 2
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1371
- Lot Size: 5991
- Lot Size Source: Owner
- Zoning: LAR2
- Lot Description: Fenced, Fenced Yard, Front Yard, Back Yard, Landscaped, Lawn, Yard, Sidewalks
Financial Considerations
- Price Per Sq. Ft.: $904.34
- Assessment Year: 1949
- Owner Pays: Gardener, Water
- Tenant Pays: Gas, Insurance, Electricity
Disclosures and Reports
- Disclosures/Reports: Rent Control
- APN: 4237-030-014
Listed by Compass, Brett Doonan
Sold by Exclusive Realty Inc, Thomas Swanson
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Schools
Schools serving 1121 Grant Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Coeur D'Alene Avenue Elementary School 810 Coeur D'Alene Ave., Los Angeles, CA 90291 | K-5 | 0.2 mi |
Mark Twain Middle School and World Languages Magnet 2224 Walgrove Avenue, Los Angeles, CA 90066 | 6-8 | 0.8 mi |
Venice Senior High School 13000 Venice Boulevard, Los Angeles, CA 90066 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1121 Grant Ave
Date
Details
Price
Change
Source
9/04/2026
Sold
$1,786,000
2.12%
MLS
8/02/2026
Listed
$1,749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1121 Grant Ave, Venice, CA 90291 (MLS# 26867351) is a Multi-Family property that was sold at $1,786,000 on September 04, 2026. Want to learn more about 1121 Grant Ave? Do you have questions about finding other Multi-Family real estate for sale in Venice? You can browse all Venice real estate or contact a Coldwell Banker agent to request more information.

