544 Grand Boulevard , Venice, CA 90291
$1,000,000
Est. Payment: $5,031.84/mo
2 Bed
2 Bath
1473 Sqft
Status: active | Days on site: 162
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

PLEASE READ THESE REMARKS BEFORE CALLING THE LISTING AGENTS. We are receiving a high volume of inquiries, and many common questions are answered below. Thank you for reviewing this information before calling. Back on market: 544-546 Grand Blvd. is a 1947 attached Venice duplex bungalow with two 1-bedroom, 1-bath units totaling approximately 1,473 sq. ft. on a 4,500 sq. ft. lot. Please note that Unit 544 is one bedroom, not two, despite any prior floor-plan reference. The property includes a detached two-car garage, with one space used by the 546 tenant and the other retained by the owner, plus in-unit laundry. Rents and amounts are current. Unit 544 was renovated in 2019; Unit 546 was not, and its occupants own and maintain their appliances. The property is livable and functional, with classic Venice character, improvement potential, and possible future upside. The owner previously explored plans for an ADU above the garage, but no plans or documents are available; buyers must complete their own investigations regarding feasibility, permits, zoning, and development potential. The location offers a quiet, walkable Venice setting near Abbot Kinney, Windward Circle, the beach, bike paths, parks, restaurants, coffee shops, the Venice Farmers Market, Erewhon, and other neighborhood amenities. This property previously fell out of escrow because the buyers elected not to proceed with their proposed Ellis Act strategy; it was not due to the property's physical condition. Both tenant households have expressed a desire to remain, and no mutually acceptable cash-for-keys amount has been proposed or agreed upon. Based on information currently available, the tenant at 546 Grand Blvd. may have significant protections based on age and length of tenancy, including protections that may apply in certain owner-occupancy situations, while the tenant at 544 Grand Blvd. is not believed to have those same protections. Buyers and agents must independently verify all tenant, occupancy, relocation, Ellis Act, owner-occupancy, short-sale, local, state, and federal legal matters with qualified counsel. Seller and listing brokers make no representation regarding possession, intended use, legal rights, tenant removal, relocation obligations, or the buyer's ability to pursue any particular strategy. No interior showings will be provided before acceptance of an offer; drive-by only at this stage, with interior access and inspections to occur pursuant to the accepted purchase agreement and applicable contingency periods. Photos are intended to fairly represent the property. The seller plans to allow several days for interest and offers to accumulate before determining next steps. Prior marketing generated multiple offers, including activity well above the current asking price, and the seller's goal is to create similar competition through this strategic list price. There is a purchase price at which the transaction would no longer require short-sale approval, which is the seller's preferred outcome. If an offer is accepted at or near the current price, buyers should be prepared for a potentially extended escrow due to the U.S. Bank short-sale approval process. Interested buyers are encouraged to submit their strongest offer as early as possible. This is a rare Venice opportunity offering location, income potential, character, and upside for a buyer prepared to complete thorough due diligence and approach the property with patience, vision, and strong terms.

Highlights

Listed by Erik Brown , 424-333-6697 and Bruce Urena , 310-975-9916 Compass , 310-230-5478. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.1

Year Built

1947

County

Los Angeles

Area

C11 - Venice

School District

Los Angeles Unified

Listing ID

26640701

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:0
Appliances:Gas Cooktop, Gas Oven, Dryer, Washer
Floor:Wood
Other:Ceiling Fan(s)

Exterior Features

Lot:Back Yard,Corners Marked,Front Yard,Rectangular Lot,Value In Land,No Land Lease
Garage Capacity:2
Zoning:LARD1.5
Others:Repairs Cosmetic,Stucco,2+ Total Units,Has ADU
Sewer:Other
Principal Interest
$5,032
Taxes
$638

Home Price

$1,000,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$200,000
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:
$5,031.84

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,031.84 $637.50 $0.00 $5,669.34
Yearly $60,382.10 $7,650.00 $0.00 $68,032.10
Total $1,811,463.09 $229,500.00 $0.00 $2,040,963.09

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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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: 2026-08-08T22:36:24.000Z

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