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240 Hampton Drive, Venice, CA 90291
240 Hampton Drive
Listed by Lauren Forbes CA DRE# 01295248 with Compass 310-901-8512

240 Hampton Drive

240 Hampton Drive, Venice, CA 90291

$2,350,000
HIGHLIGHTS
  • 6,422 Sq.Ft. Lot
  • 3,374 Sq.Ft. Living
  • 1953 Year Built
  • For Sale Status
  • SB26181932 MLS® ID
Located in the heart of Venice Beach, just moments from the beach, Venice Boardwalk, Main Street, and Rose Avenue, 240 Hampton Drive presents a rare multi-family opportunity on an oversized 6,422-square-foot lot. The property features 4 residential units within the main structure, along with a detached garage flex space (not a legal unit) with a bathroom and air conditioning. The main building comprises 2 two-bedroom units and 2 one-bedroom units, each offering air conditioning, individual laundry, generous storage, and bright, light-filled interiors. One of the two-bedroom units, currently serving as the owner's unit, can be delivered vacant at close, creating an ideal opportunity for an investor or end-user looking to live on-site while benefiting from additional rental income. The detached garage flex space has been loosely converted into an office/lounge space and can also be delivered vacant at close. Ideally positioned just a few short blocks from the beach, the property offers convenient access to some of Venice's most iconic destinations, including Gold's Gym, Abbot Kinney, Rose Avenue, and the neighborhood's shops and restaurants. With its prime location, versatile unit mix, and oversized lot, 240 Hampton Drive offers a compelling opportunity in one of Los Angeles' most sought-after coastal communities.


* RENT ROLL: Unit 1 (2BD): $3,500/mo | Unit 2 (2BD): $3,500 - $4,000/mo projected rent -- owner's unit, can be delivered vacant at close | Unit 3 (1BD): $3,000/mo | Unit 4 (1BD): $2,700/mo | Garage Flex Space: Can be delivered vacant at close. Several of the rents are estimated to be under market. This is a legal Fourplex and should qualify for owner-occupied financing given 4 units and 1 of the units can be delivered vacant.


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Lauren Forbes

Lauren Forbes

Jagger Kroener

Jagger Kroener

Features and Amenities

Interior

  • Laundry roomLaundry Closet

Area & Lot

  • Status For Sale
  • Living Area3,374 Sq.Ft.
  • Total Area3,374 Sq.Ft.
  • Lot Area6,422 Sq.Ft.
  • MLS® IDSB26181932
  • TypeMulti-Family
  • YEAR BUILT1953

Exterior

  • STORIES2
  • Garage Spaces4.0
  • Water SourcePublic
  • PoolNone
  • lot featuresFront Yard
  • parkingDriveway
  • AIR CONDITIONINGCentral Air, Wall/Window Unit(s)
  • sewerPublic Sewer

Financial

  • Sales Price$2,350,000

WORK WITH US

We provide the highest level of sales expertise, exceptional service and experience to the luxury and multi-unit South Bay residential marketplace. Lauren Forbes Group​ is the leading real estate team in the South Bay with over 60 years of combined experience and a team well versed in executing complex real estate transactions.

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