Income Home for Sale in Venice, California

716 Machado Drive, Venice, California 90291, US

$ 2,200,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,200,000
  • MLS ID: SB26206555
  • Property Type: Income Home
  • WEB ID: PR03764599
  • Property Status: Active
  • Lot Size: 7,999sqft
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 2,200,000
  • MLS ID: SB26206555
  • Property Type: Income Home
  • WEB ID: PR03764599
  • Property Status: Active
  • Lot Size: 7,999sqft
Location, Location, Location: The Machado Apartments is a four-unit multifamily property in prime Venice, California. The two-story, walk-up building offers an excellent unit mix of one one-bedroom apartment and three two-bedroom apartment homes. The residences average more than +1,180 square feet, providing spacious floor plans. Select units have French doors, fireplaces, outdoor yards, expansive deck and in-unit laundry. The property features a gated entrance and sits on 2 separate parcels encompassing approximately 8,000-square-foot lot. This is an exceptional investment opportunity with approximately 66 Percent upside in current rents, as well as compelling potential for future redevelopment. Located within five minutes of world-famous destinations including Abbot Kinney Boulevard, Rose Avenue, Main Street, and Venice Beach, the property is well positioned in one of Los Angeles’ most desirable rental markets. Held by the same owner for more than 40 years, the Machado Apartments represents a rare opportunity to acquire a unique, well-located Venice asset with significant value-add potential. Properties with these unit sizes seldom come to market.

Additional Features

  • 0-1 Unit/Acre
  • Parking spaces: 2.00
  • Listing Status: Active
  • Listing Agent: Kevin Kawaoka (lic# 01733613) of South Bay
  • Listing Office: Bluechip Investment Group, Inc
  • Based on information from CRISNet MLS as of 5th November 2026 at 12:34pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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