614 5th Ave , Venice, CA 90291
$5,225,000
Est. Payment: $27,905.16/mo
7 Bed
9 Bath
5539 Sqft
Status: Active | Days on site: 8
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House Description

Striking modern duplex built in 2020, offers a rare combination of thoughtful design, lifestyle flexibility, and compelling long-term upside. Spanning approximately 5,539 square feet, the property is configured as two expansive full-floor residences, creating an ideal setting for multigenerational living, owner-user flexibility, or meaningful rental income. Live in one residence while maintaining independence for extended family, or lease the second unit to help offset ownership costs all without compromising privacy or quality of life. The upper residence features 4 bedrooms and 5 baths and is currently rented for $11,787 per month. The lower residence offers 3 bedrooms and 4 baths and is available for immediate owner occupancy or a new tenant. Together, the property encompasses 7 bedrooms, 7 full bathrooms, and 2 powder rooms, with thoughtfully designed en suite accommodations that give each resident a sense of privacy and comfort. The layout adapts effortlessly to changing needs, offering the freedom to live together, separately, or somewhere in between. Each residence is designed to function beautifully on its own, with open-concept living spaces, oversized kitchen islands, and premium Viking and Wolf appliances that make both everyday living and entertaining feel effortless. Expansive windows, high ceilings, and oversized sliding doors fill the interiors with natural light, while private balconies and outdoor spaces extend the living experience beyond the walls of each home. Above it all, the rooftop deck serves as a remarkable shared retreat, showcasing panoramic city and mountain views, distinct areas for each residence, and a fire pit that creates a natural gathering place. It perfectly captures the essence of the property: connection when desired, independence when needed. Five garage parking spaces further distinguish the property, while its exceptional Westside location places residents just steps from Abbot Kinney Boulevard, neighborhood shops, and the vibrant Rose Avenue corridor, with the beach also close by. Enjoy easy access to acclaimed dining, boutique shopping, cafes, wellness destinations, Silicon Beach, and the best of Venice's laid-back coastal lifestyle all within a highly walkable and coveted setting. Whether envisioned as a sophisticated multigenerational compound, an owner-user opportunity with income potential, or a strategic investment, this newer-construction duplex offers exceptional versatility today and exciting possibilities for the future. With the condominium conversion process already being pursued with the City of Los Angeles, a new owner has the opportunity to step into a property designed not only to live beautifully, but to evolve, perform, and potentially unlock substantial additional value over time.

Highlights

Listed by Elvira Davidson , 3109101459 and Tamra (Tami) Pardee , 310-907-6517 Pardee Properties , 310-907-6517. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

2019

County

Los Angeles

Area

C11 - Venice

Listing ID

26895515

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:9
  • Full Bathrooms:0
Appliances:Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
Floor:Tile
Other:
  • Additional:Walk-In Closet(s)

Exterior Features

Lot:No Land Lease
Lot Dimensions:42x135
Garage Capacity:5
Zoning:LARD1.5
Others:
  • Additional:2+ Total Units
Parking Features:Direct Access,Garage
Principal Interest
$27,905
Taxes
$3,331

Home Price

$5,225,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$1,045,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$27,905.16

Principal

Taxes

Principal Taxes HOA Total
Monthly $27,905.16 $3,330.94 $0.00 $31,236.09
Yearly $334,861.88 $39,971.25 $0.00 $374,833.13
Total $10,045,856.52 $1,199,137.50 $0.00 $11,244,994.02

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Venice, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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