About this home

Great Deal:The estimated price is 6% above the list price. We found 3 Cons,5 Pros. Rank: price - $4.00M(91th), sqft - 4770(96th), beds - 4(63th), baths - 5(82th).

Tucked just off vibrant Rose Avenue in Venice, this striking architectural triplex designed and built by John Davis and Lorrie Brown offers an inspired blend of modern design and versatile living. Behind secure gates, three distinct residences share a contemporary aesthetic defined by clean lines, soaring ceilings, and abundant natural light, reflecting the creative spirit of Venice itself. At the rear, the primary 2,700 sq ft unit stands out as an exceptional owner's home or premium rental. A dramatic entry opens to the expansive gallery-like space perfect for living, studio work, or as gallery space. Up 1/2 level, an open-concept design features a chef's kitchen with premium appliances, a generous and airy dining and living area, and an expansive deck for seamless indoor-outdoor entertaining. The top floor includes a spacious primary suite with full en-suite bath, a guest bedroom and bath, and loft spaces offering flexible use options, including a third bedroom conversion. At the front of the property, two additional 1-bed/1-bath units (upper and lower) enhance income potential or provide comfortable quarters for guests or extended family. Both units echo the modern aesthetic and abundant natural light, while the upper unit includes two loft spaces for added versatility. Completing this unique offering is a 6-car garage with alley access and equipped with separately metered Tesla charger--a rare luxury in Venice. Whether you're seeking a live-work compound, significant rental income, or both, this distinctive triplex combines architectural pedigree with unmatched proximity to Rose Avenue's shops, cafes, and the eclectic Venice lifestyle. Live in the largest unit, and rent the other two. The largest unit has projected rent of $10,500, the two one bedroom units are generating combined income of $11,073/month. Estimated Gross Annual Income = $258,876. All units to be delivered vacant.