$3,499,999
 $18,789 est/mo Sourced by Back At You

1140 Nowita Place,Venice, CA 90291

Venice, CA 90291

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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.

Details

MLS #26992851
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1919
Days On Site49
Listing Provided ByElevate Homes | Christian Aragon

Features

Bed(s)6
Bath(s)5
SQ Feet4,015
Story(s)1
Units5
Building(s)3
ZoningLARD3
Acreage0.28

Interior

CoolingNone
HeatingNone
Heating Yes / NoNo
Cooling Yes / NoNo
AppliancesRefrigerator

Parking

Parking FeaturesUncovered

Area Information

StateCA
CountyLos Angeles
CityVenice
Zip Code90291
AreaC11 Venice
Listing VS Median (in 90291)
Price:
$3,499,999
low | high
Med:
$1,800,000
98.571413877547% of Average
sqft:
4,015
low | high
Med:
1,288
100% of Average
$ / sqft:
$872
low | high
Med:
$1,398
10.31504136774% of Average
On site:
49
low | high
Med:
188
26.063829787234% of Average
Sourced by Back At You

Market Activity 90291

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Additional Information

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Learn More About This Property

Bruce Hatrak

Bruce Hatrak

Desert Lifestyle Properties

02054055 (760) 516-1741bmhatrak@gmail.com
StateCA
CountyLos Angeles
CityVenice
Zip Code90291
AreaC11 Venice
Listing VS Median (in 90291)
Price:
$3,499,999
low | high
Med:
$1,800,000
98.571413877547% of Average
sqft:
4,015
low | high
Med:
1,288
100% of Average
$ / sqft:
$872
low | high
Med:
$1,398
10.31504136774% of Average
On site:
49
low | high
Med:
188
26.063829787234% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.624M - $4.374M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
1140 Nowita Place Property Photo 1
$3,499,990
1140 Nowita Place
Los Angeles, CA 90291
1208 Palms Boulevard Property Photo 1
$2,795,000
1208 Palms Boulevard
Venice, CA 90291
Listing Updated: October 20, 2026 at 12:53:40 PM PDT