1121 Grant Avenue Venice, CA 90291
Listing Courtesy of: CRMLS / Listed By: Brett Doonan, Compass

  1121 Grant Avenue Venice, CA 90291

Pending (28 Days)
$1,749,000 (USD)
4
BED
2
BATH
1,934
SQFT

Description

Own in Venice while your property helps pay for itself. 1121-1123 Grant Ave presents a rare opportunity for a first-time buyer to step into homeownership with $4,008 per month in existing rental income helping offset the mortgage and property taxes from day one. Live upstairs in the vacant 2-bedroom, 1-bath residence, complete with original hardwood floors, abundant natural light, exclusive access to the property's oversized 2-car garage, and a large private grassy yard that feels like an extension of the home. Downstairs, the second 2-bedroom, 1-bath residence is already tenant-occupied at $4,008 per month, creating meaningful built-in income without sacrificing your own privacy or outdoor space. Set on a generous 5,991-square-foot corner lot in Venice's coveted President Streets, the property is surrounded by mature, drought-tolerant landscaping, with thoughtfully separated outdoor areas for each residence. It's an opportunity to enjoy the space, garage, yard, and lifestyle of a single-family home while benefiting from the economics of a duplex. Just moments from Abbot Kinney, the beach, dining, shopping, and everything that makes Venice one of LA's most desirable neighborhoods, 1121 Grant offers an unusually compelling way to establish a foothold on the Westside. LAR2 zoning also provides future potential for additional units or ADU opportunities (buyer to verify). Live upstairs. Rent downstairs. Own a piece of Venice. Seller intends to complete a 1031 exchange at no cost or liability to Buyer.

MLS #:
26867351
Lot Size
5,991 SQFT
Type
Multifamily
Year Built
1949
County
Los Angeles County

Listed By

Brett Doonan, Compass
Source
CRMLS
Last checked Aug 30 2026 at 2:36 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Outside
  • Refrigerator
  • Dryer
  • Washer
  • Laundry: Laundry Room
Lot Information
  • Back Yard
  • Front Yard
  • Landscaped
  • Yard
  • Lawn
Heating and Cooling
  • Wall Furnace
Flooring
  • Wood
Utility Information
  • Sewer: Other
Parking
  • Garage
  • Door-Multi
  • On Street
Stories
  • 2
Living Area
  • 1,934 sqft
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {8/30/26 07:36} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.