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$2,950,000
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Property Description
Rare Venice Beach 4-unit property with direct beach access and strong rental history. Each unit features 1-bedroom layouts, modern finishes, and separate meters, providing flexibility for future condo conversion or expansion. Exceptional upside potential with space to add up to 2 ADUs while keeping existing parking, or up to 4 ADUs utilizing more of the parking lot an extremely rare opportunity in Venice. Units are investor-ready but also perfect for an owner-user seeking extra income, with the ability to manage rentals directly. High-demand location, steps from the sand, shopping, dining, and transit, with parking options that are almost impossible to find in this area. Short-term rental potential for up to two units adds additional flexibility. Prime location!
Full Property Details
Full Property Details for 12 E 27th Ave
General
- Price: $2,950,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25627765
- Updated: 5/9/2026
- Added to Site: 167 day(s) ago
Interior
- Interior Features: Furnished
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: In Unit
Additional Information
- Security/Safety: Other
- Other Features: Other
Parking
- Garage Description: Assigned, Attached, Tandem, Side By Side, Parking for Guests, Parking Space
Location
- Area: Venice
- County: Los Angeles
- Cross Streets: Between Ocean Front Walk & Lincoln Blvd
- Driving Directions: Corner of Speedway, 27th Pl, and 27th Ave, nearest major cross streets include Ocean Front Walk and Lincoln Blvd/Centrum near 27th Ave as you approach the sand. The property is essentially one house from the beach.
Heating & Cooling
- Cooling Type: Air Conditioning, Wall/Window, Wall Unit(s), Other
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Architectural Style: Contemporary Mediterranean
- Windows: Window Blinds, Drapes/Curtains
- Stories/Levels: 2
- Square Feet: 2,900
- Sq. Ft. Source: Estimated
- Year Built: 1952
- Year Built Source: Other
- Property Condition: Repair Cosmetic, Updated/Remodeled
- Other Struct. Feat.: Rain Gutters, Full Copper Plumbing, High Ceilings (9 Feet+)
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.0607
- Lot Size: 2800
- Lot Size Source: Estimated
- Alley: Yes
- Lot Features: Beach Access, Alley Access, Ocean Access, Near Public Transit, Corner Lot
- Zoning: LARD1.5
- Lot Description: Value In Land
Water Features
- Water Front Desc.: Beach Access, Ocean Access
Financial Considerations
- Price Per Sq. Ft.: $1,017.24
- Price Per Unit: 725000
- Insurance Fee: $2,800
- Assessment Year: 1952
- Tenant Pays: Cable TV, Gas, Trash Collection, Water, Other
Disclosures and Reports
- Disclosures/Reports: Coastal Zone, As Is
- APN: 4226-020-025
Listed by Wealth Road Realty, Rebeka Shadpour
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Schools
Schools serving 12 E 27th 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 | 1 mi |
Mark Twain Middle School and World Languages Magnet 2224 Walgrove Avenue, Los Angeles, CA 90066 | 6-8 | 1.9 mi |
Venice Senior High School 13000 Venice Boulevard, Los Angeles, CA 90066 | 9-12 | 1.6 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 12 E 27th Ave
Date
Details
Price
Change
Source
1/25/2026
Listed
$2,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12 E 27th Ave
12 E 27th Ave, Venice, CA 90291 (MLS# 25627765) is a Multi-Family property with units containing 7 bedrooms and 0 full bathrooms. 12 E 27th Ave is currently listed for $2,950,000 and was received on December 10, 2025. Want to learn more about 12 E 27th 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.

