$3,499,999

1140 Nowita Place, Venice (los Angeles), CA 90291

  • 4,015 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1919
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $872/sqft
  • Property List Date Icon Listed 16 days ago

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. www.1140nowitaplace.com

Listing Status:
Active
Date Added:
September 24, 2026
Data Last Updated:
October 10, 2026 at 7:09AM
Listing Office:
Elevate Homes : 818-384-1212
Listing Agent:
Christian Aragon : 818-384-1212
MLS ID:
CL26992851
  • A/C: None
  • Heating: None
  • Parking: OtherUncovered Parking Space
  • County: Los Angeles
  • Zoning: LARD34242009012

This listing courtesy of Christian Aragon , Elevate Homes

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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