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$4,995,000
9 Days On Site

558 Rose Avenue
Venice, CA 90291

For Sale|Residential Income|Active
4
Beds
5
Total Baths
4,770
SqFt
$1,047
/SqFt
1988
Built
County:
Los Angeles
Listed by Todd Henricks of Compass todd.henricks@compass.com

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558 Rose Avenue558 Rose Avenue558 Rose Avenue558 Rose Avenue
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Striking architectural live/work triplex centrally located on vibrant Rose Avenue in Venice. Three distinct live/work residences share a contemporary aesthetic defined by clean lines, soaring ceilings, and abundant natural light, reflecting the creative spirit of Venice itself. This property creates the perfect environment for design or creative oriented businesses: fashion designers, boutique vendors, photographers, interior designers, architects, marketing firms, film or video producers. The possibilities are endless. Live in one unit, work in another, and use the 3rd for out-of-town guests.At the rear, the primary 2,700 sq ft unit stands out as an exceptional owner's home or premium rental (previously leased at $10,000/month). A dramatic entry opens to the expansive gallery-like space perfect for a work studio (architecture, graphic design, photographer), or as an art gallery or boutique clothing store. Up 1/2 level, an open-concept design features a chef's kitchen with premium appliances, a generous and airy dining and living area, and an expansive deck for seamless indoor-outdoor entertaining. The top floor includes multiple bedrooms and lofts that could either be used as living accommodations, or additional work areas. At the front of the property, two additional live/work 1-bed/1-bath units (upper and lower) enhance income potential or provide comfortable living quarters, guest quarters, or additional workspace.Both units echo the modern aesthetic and abundant natural light, while the upper unit includes two loft spaces for added versatility. Completing this unique offering is a 6-car garage with alley access--a rare luxury in Venice. Whether you're seeking a live-work compound, significant rental income, or both, this distinctive triplex combines architectural pedigree with unmatched proximity to Rose Avenue's shops, cafes, and the eclectic Venice lifestyle. The largest unit is vacant (projected rent $10,500), the two one bedroom units are generating combined income of $11,073/month. Both 1-bdrm units are expected to be vacated by the current tenants at the end of November.

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Listing Snapshot
Price 
$4,995,000
Days On Site 
9 Days
Bedrooms 
4
Inside Area (SqFt) 
4,770 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1169 Acres
Year Built 
1988
MLS® Number 
25570537
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.1169
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
6
Number Of Stories 
2
Parking 
Attached
Parking Spaces 
6
Special Circumstances 
Standard
SqFt Total 
4770
Stories 
Multi/Split
Interior Features
Appliances 
DishwasherGas CooktopDisposalOvenRangeRefrigeratorRange HoodDryerWasher
Cooling 
Central Air
Heating 
Central
Living Room 
Loft 
Office 
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Exterior Features
Construction Details 
Stucco
Community Features
MLS Area 
C11 - Venice


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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