407 Ocean Front Walk

Venice Beach, California, is one of the most iconic and vibrant coastal communities in Los Angeles. Located along the Pacific Ocean, just south of Santa Monica and west of Marina del Rey, Venice Beach offers a dynamic blend of world-famous beaches, unique cultural attractions, and a thriving commercial and residential landscape. Known for its eclectic charm, artistic spirit, and active lifestyle, Venice Beach attracts millions of visitors, residents, and businesses each year. Venice Beach is home to a high-income and educated population, with a median household income significantly above the national average. The neighborhood has experienced steady appreciation in real estate values, driven by strong demand for residential and commercial properties. With proximity to Silicon Beach, Venice has become a hotspot for tech professionals, entrepreneurs, and creatives, contributing to robust employment growth and economic stability.Arbor Realty Capital Advisors is pleased to present for purchase 407 Ocean Front Walk in Venice, which is considered one of the most desirable locations in Los Angeles, if not all of California. Sitting on the world-famous Venice Boardwalk, just steps from the sand, pickleball/paddle tennis, basketball courts, Muscle Beach, the Venice Skate Park and a myriad of other activities the property also provides access to the 26-mile bike/roller blading path. This track runs from Manhattan Beach, through Venice and Santa Monica, up to Pacific Palisades – arguably one of the most picturesque areas in the world. 407 Ocean Front Walk was built in 1909 and sits on a 4,719 square-foot lot, zoned LAR3. This investment consists of two buildings with three stories each featuring twelve (12) spacious one bedroom/one-bathroom units. All units have hardwood floors, with select units include large balconies and ocean views. The Venice Boardwalk is the second most highly trafficked tourist attraction in Southern California with well over 10 million visitors annually. Boarded by Santa Monica on the north, Mar Vista on the east, Marina del Rey on the south, and the Pacific Ocean on the west this lively neighborhood offers a unique and vibrant mix of activities and attractions. Tenants in this area enjoy eclectic collection of boutiques, salons, galleries, restaurants, bars, along with street vendors and performers that line the Boardwalk.