3005 Grand Canal, Venice, CA 90291
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3005 Grand Canal, Venice, CA 90291
3005 Grand Canal, Venice, CA 90291
3005 Grand Canal, Venice, CA 90291
3005 Grand Canal, Venice, CA 90291
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 4,999,889
Est. payment /mo
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3005 Grand Canal Venice, CA 90291

10 Beds

14 Baths

7,068 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,068 sqft

Price per Sqft $707

MLS Listing ID 26829101

Style Contemporary Mediterranean

Bedrooms 10

Construction Status Updated/Remodeled

Year Built 2010

Lot Size 5,990 Sqft

Acres 0.1375

Property Sub-Type Multi-Family

Property Description

BACK ON MARKET BUYER DID NOT PERFORM WITHIN CONTRACTUAL TIMEFRAMES. NO FAULT OF THE PROPERTY. REO LENDER-OWNED PREMIER 5-UNIT TROPHY ASSET ON THE VENICE CANALS. PRICED TO SELL. SELLER MAY CONSIDER FINANCING FOR A QUALIFIED BUYER WITH 20% DOWN. ALL UNITS EXCEPT UNIT 4 CAN BE DELIVERED VACANT. Rare opportunity to acquire a LENDER - OWNED luxury 5-unit property on an expansive private corner lot along the iconic Venice Canals. Offered at a substantially reduced price, this exceptional coastal asset presents a compelling opportunity for investors, owner-users, and value-add buyers seeking a trophy property in one of Venice's most desirable waterfront locations.Substantially rebuilt with high-quality materials and thoughtful architectural design, the property combines strong income potential with exceptional owner-user appeal.The centerpiece is a sophisticated 4-bedroom, 5-bath waterfront residence featuring a private elevator, 3-car garage, multiple expansive decks, and direct canal frontage. The open, modern floor plan includes a formal living room with fireplace and custom built-ins, a dining area with French doors opening to the canal-front yard, and a chef's kitchen with custom cabinetry, travertine countertops, stainless steel appliances, center island with bar seating, and walk-in pantry.The private canal-front yard offers an ideal setting for entertaining and indoor-outdoor living. Upper levels feature dual primary suites with spa-style bathrooms, fireplaces, seating areas, and private balconies overlooking the canals. The residence is offered fully furnished and turnkey.The remaining four units are finished to a comparable standard and consist of two 3-bedroom, 3-bath townhouse-style residences and two 1-bedroom, 1.5-bath single-level units. Each features central HVAC, in-unit laundry, fireplaces, travertine finishes, generous storage, and high-end appliances.The property offers a total of 10 parking spaces, including a 3-car garage for the main residence and seven additional spaces.Ideally located just two blocks from the beach and moments from premier dining, shopping, and entertainment, this property offers a rare combination of waterfront location, scale, income potential, owner-user flexibility, and long-term upside.An exceptional opportunity for investors seeking a high-quality income-producing coastal asset or an owner-user desiring a flagship Venice Canals residence with supplemental income.LENDER-OWNED REO PROPERTY. Listing Agent holds a partial ownership interest in the entity that owns the property. Information is deemed reliable but not guaranteed. Buyer shall independently investigate and verify all aspects of the property, including square footage, permits, zoning, condition, financial information, rental income and expenses, occupancy, and any existing or potential use, including short-term rental eligibility. Property is being sold in its present condition. Seller and Broker make no warranties or representations regarding the property or any particular use.

Location

State CA

County Los Angeles

Area Venice

Zoning LARW1

Rooms

Other Rooms None

Kitchen Gourmet Kitchen, Granite Counters, Island, Stone Counters, Pantry, Open to Family Room

Interior

Interior Features Elevator, Built-Ins, Other, High Ceilings (9 Feet+)

Heating Central

Cooling Air Conditioning, Central

Flooring Wood, Ceramic Tile, Mixed

Fireplaces Type Gas, Living Room

Equipment Alarm System, Built-Ins, Garbage Disposal, Elevator, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Washer, Hood Fan, Gas Or Electric Dryer Hookup, Cable, Ceiling Fan, Dishwasher, Dryer

Laundry In Unit

Exterior

Parking Features Assigned, Door Opener, Side By Side, Garage - 3 Car, Private Garage

Garage Spaces 10.0

Pool None

Waterfront Description Canal

View Y/N Yes

View Canal, Green Belt, Water, Tree Top, Landmark

Building

Story 3

Sewer In Connected and Paid

Water Mutual Water Source

Architectural Style Contemporary Mediterranean

Level or Stories Two, Three Or More

Construction Status Updated/Remodeled

Others

Special Listing Condition Real Estate Owned

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Nelson Shelton & Associates

NEARBY SCHOOL & BUSINESS

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