1140 Nowita Pl, Los Angeles, CA 90291
1140 Nowita Pl, Los Angeles, CA 90291
1140 Nowita Pl, Los Angeles, CA 90291
6
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$3,499,990
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6 Beds
5 Baths
4,015 SqFt
New

1140 Nowita Pl Los Angeles, CA 90291

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,015 sqft

Price per Sqft $871

MLS Listing ID 26988807

Bedrooms 6

Year Built 1919

Lot Size 0.285 Acres

Acres 0.2849

Property Sub-Type Multi-Family

Property Description

A full Venice corner, 5 distinct residences, and the timeless appeal of early California architecture come together at Nowita Place and Penmar Avenue. Built between 1919 and 1930, 3 single-story Spanish buildings encompass approximately 4,015 square feet on an approximately 12,406-square-foot, 2-lot site held under a single assessor parcel number. Four charming 1-bedroom, 1-bath cottages face Nowita in complementary pairs, each with its own garden path and a private patio or yard. Inside, graceful arches, warm wood floors, original built-in cabinetry, and pristinely maintained baths reflect the care given to these residences over time. Fronting Penmar, a separate 3-bedroom, 2-bath home enjoys its own entrance, driveway, and rear patio, lending the property the privacy and presence of a standalone residence. Together, the 5 leased residences generate scheduled rent of $13,324 per month, or $159,888 annualized. All units are occupied and will be delivered subject to existing tenancies. The property also offers parking for 6 or more vehicles, approximately 134 feet of frontage along each street, and verified [Q]RD3-1XL zoning. Rose Avenue, Abbot Kinney, and the beach are minutes away, placing the pleasures of Venice close at hand while preserving the intimate neighborhood character that makes this corner feel enduringly special. Buyer to independently verify all property information, zoning, and development potential.

Location

State CA

County Los Angeles

Area Venice

Zoning LARD3

Exterior

Garage Spaces 6.0

Building

Story 1

Water District

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Elevate Homes

NEARBY SCHOOL & BUSINESS

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David Jones
David Jones

Agent RE.S.0072438

+1(702) 883-8801 | davidsellslasvegas@gmail.com

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1140 Nowita Pl