720 Hampton Dr, Venice, CA 90291

Property Description

AMAZING INVESTMENT OPPORTUNITY- RARE 5,800+ sqft DOUBLE LOT COMPOUND w/ COMMERCIAL ZONING w/ 6 PARKING SPACES. This mixed-use corner lot property offers two side-by-side homes, each with its own outdoor space and immense parking shared between both properties -- perfect for someone looking for a live/work creative haven! Live in one, and rent the other for passive income, or transform the entire property into a cash-flowing investment! This property is particularly well-suited for qualified SBA owner-users, who may assume the current owner's second trust deed at grandfathered-in low-interest rates (estimated around 2% below current rates, and based on qualification requirements). This compound in the heart of Venice is nestled just behind Abbot Kinney, and a short walk to Venice Beach. Endless options here, with two properties homes that have been reimagined and exude indoor/outdoor living at its finest. Currently being used as a creative office space, this sprawling property offers flexibility as a live/work retreat. //About this home: Located on two contiguous lots, with 6 parking spaces these detached properties are surrounded and enveloped in lush mature greenery and fruit trees that encompass SoCal vibes. Step into the first bungalow is infused with natural light. The kitchen has stainless steel appliances, ample storage, beautiful hardwood floors, and a spacious open floor plan. The second bright and airy bungalow has exposed beam ceilings and an open flexible floorplan. Both buildings are equipped with air conditioning. Currently laid out as the perfect office space, think tank, or a blank canvas to bring your vision and designer's eye. //You'll Love: Cohesively integrated, properties like this are rarely available West of Lincoln. On a corner lot with a secure perimeter fence surrounding the entire property, you are down the street from Google and other tech companies, restaurants, shops, gyms, and neighboring creative studios. Live, work, and play with tons of space that flows throughout, and curated moments. //The Neighborhood: With Abbot Kinney truly at your doorstep, and seconds to the Rose Corridor, you are in the hub of some of the best restaurants, coffee shops, boutiques, and more in Los Angeles. Ride your bike to the beach, the Venice Canals, or stroll to Main Street. There is nothing else like this on the market - don't miss out!