1603 Shell Avenue , Venice, CA - 90291 is For Sale

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$6,950,000· Income property

Description

A coveted corner lot hosting a 3,500 sq ft smart home and a 2,100 sq ft guest house, each with its own distinct address yet harmoniously united in design. These structures are bathed in natural light through expansive picture windows, ensuring that every room is a canvas of sunlight and shadow. The main residence offers four bedrooms, four bathroom and five car parking. The guest house / office is a standalone gem, offers three bedrooms and three bathrooms, extending the main house's functionality; ideal for hosting events, accommodating guests, or serving as an office, music, or art studio. The second unit could also be a rental to offset expenses. Its adaptable design includes the option to remove a wall between bedrooms, creating a spacious, open area that evolves with the owner's needs. The two residences can be effortlessly merged, forming a cohesive and expansive estate. The Nexus Retreat is a modern sanctuary designed by Woods+Dangaran. It blends industrial aesthetics with Zen-inspired tranquility, using concrete, steel, and natural wood. The minimalist design and abundant natural light create a peaceful atmosphere, making it more than just a home it's a lifestyle choice for both dynamic living and quiet introspection. At the corner of Shell and Palms, you're steps from Abbot Kinney's chic boutiques and dining, with the beach and LAX just minutes away. Walk Score 94, Bike Score 96. A short drive brings you to top athletic venues like the Toyota Sports Center, perfect for athletes or coaches needing easy access to training. Tech and aerospace pros will appreciate the proximity to Silicon Beach's innovation hub, while entertainment industry peeps are close to major studios and cultural landmarks. 1601 Shell Ave offers the best of Venice living with seamless access to LA's vibrant pulse. ****The use of terms such as "Zen," "serene," "peaceful," and similar descriptors in the descriptions of 1601 Shell Avenue and The Nexus Retreat are intended to convey the subjective experience and ambiance of the property as perceived by the owner/agents and may not reflect everyone's perception or the exact nature of the property. These terms are not intended to be literal guarantees or promises of the property's atmosphere, and individual experiences may vary. Potential buyers are encouraged to schedule a private showing to personally experience the property and determine if it meets their expectations.****

Features

MLS#: 24438323
List Price : $6,950,000
Total Units : 2
Gross Operating Income : $33,000
Net Operating Income : $33,000
Sq M : 533 M2
Year Built : 2020
Days on market : 7 Days
Gross taxes : N/A
Address : 1603 Shell Avenue
City : Venice
State : CA
Zip Code : 90291
Neighborhood : N/A
Appliances : Dishwasher, Disposal, Gas Cooktop
Fireplace Features : None
Stories : 3
Laundry : Washer Included, Dryer Included, Inside, Upper Level
Parking Features : Auto Driveway Gate
Sale Type : Standard
Spa : None
 
Property Type : Residential Income
Property Style : Modern
Original List Price : $6,950,000
Acres : 0.1318
Lot Dimensions : 43x132
Lot Size (Acres) : 0.1318
Exterior Features : Rain Gutters
Heating : Combination, Radiant, Central
Parking Features : Auto Driveway Gate
Pool Desc : None
Security Safety : Automatic Gate, Carbon Monoxide Detector(s), Fire Rated Drywall, Smoke Detector(s)
Interior Features : Sunken Living Room
Cooling : Heat Pump, Central Air
Flooring : Wood
Driving Directions : From the 405 (San Diego Freeway): Take the Venice Blvd exit and head west for approximately 2.5 miles. Turn right onto Lincoln Blvd, then left onto Palms Blvd. After 0.7 miles, turn right onto Shell Ave. The property will be on your left.
 
Courtesy of : Katy Lynn , Compass

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