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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,350,000

Est. payment - /mo

6,420 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26181932

HOA Y/N No

Year Built 1953

Lot Size 6,420 Sqft

Property Sub-Type Quadruplex

Property Description

Located at the border of Venice and Santa Monica, 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. Venice has also become a hub for health-conscious living, with boutique gyms, recovery and rejuvenation spas, and a growing biohacking and wellness tech scene, complementing nearby Silicon Beach's tech presence. 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): $4,500-$5,000/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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Location

State CA

County Los Angeles

Area C11 - Venice

Interior

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Laundry Laundry Closet

Exterior

Parking Features Driveway

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Total Parking Spaces 10

Private Pool No

Building

Lot Description Front Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4286002007

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by Lauren Forbes Compass 310-901-8512, DRE #01295248

NEARBY SCHOOL & BUSINESS

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240 Hampton DR Venice, CA 90291