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12 E 27th AvenueVenice, CA 90291

For Sale

$2,950,000

Smart Buyer Rebate $29,500

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!

Listed by Rebeka Shadpour

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License #01744494

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Wealth Road Realty

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213-761-2766

Last updated January 25, 2026

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Source: CRMLS #25627765

Listing Facts

  • TypeMulti-family
  • NeighborhoodVenice Beach
  • Bedrooms7
  • Days on Prevu6
  • Size2,900 sqft
  • Price per sqft$1,017

Amenities

  • Dishwasher
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

01/25/2026
Status changed to Active
$2,950,000
01/25/2026
Listed by Wealth Road Realty
$2,950,000

Property Details for 12 E 27th Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Stories: 1
  • Stories Total: 2
  • Window Features: Blinds, Drapes
  • Year Built: 1952
  • Exterior Features: Rain Gutters

Features

  • Waterfront Features: Beach Access, Ocean Access

Measurements

  • Building Area Total: 2,900
  • Lot Features: Value In Land
  • Lot Size Acres: 0.06
  • Lot Size Area: 2,800
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2,800
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.54
  • Gross Income: $1,050.00

Taxes

  • Parcel Number: 4226020025

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Interior Features: Furnished

Measurements

  • Living Area: 2,900
  • Living Area Source: Estimated

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7

Parking

Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Assigned, Garage, Guest, One Space, Side By Side, Tandem
  • Parking Total: 10

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 7 bedrooms in this multi-family home at 12 E 27th Avenue.

Does this multi-family home have parking?

Yes, there are 10 parking spaces available for 12 E 27th Avenue.

How does 12 E 27th Avenue compare to other multi-family homes in Venice Beach?

This multi-family home is listed 7% below the average price for multi-family homes in Venice Beach and has been on the market for 107 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,900 sqft.

12 E 27th Avenue is a 7-bedroom multi-family home for sale in Venice CA 90291. Available on Prevu for 6 days at $2,950,000. This home features 2,900 square feet of living space, located in Venice Beach. The median listing price for multi-family homes in this area is $2,573,000. Additional amenities include dishwasher, parking, and washer/dryer. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.