ActiveResidential · sale

616 7th

Venice, CA 90291

$3,797,000

  • 4 beds
  • 4 baths
  • 3,050 sq ft

Listed by Compass · MLS #26869043

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616 7th, Venice, CA 90291 · MLS #26869043

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THE PROPERTY

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Brand-new construction architectural residence designed to harmonize contemporary sophistication with the tranquility of nature, featuring warm organic finishes, integrated greenery, and abundant natural light throughout. Designed by local designer Alon Zakoot, whose work includes many thoughtfully crafted Venice residences, this home reflects a refined blend of contemporary design, organic materials, and seamless indoor-outdoor living.The open-concept living spaces flow effortlessly to a resort-inspired backyard featuring a pool, spa, tranquil water feature, fireplace, and multiple lounge areas, creating an exceptional indoor-outdoor environment designed for relaxation and entertaining.The chef's kitchen showcases premium stainless steel appliances, a wine refrigerator, custom cabinetry, and an oversized center island, serving as the heart of the home. The main level also includes a powder room and an attached two-car garage, with potential for future ADU conversion subject to city approval and permitting requirements.Upstairs, a versatile lounge connects to four bedrooms, including a luxurious primary suite featuring a fireplace, private balcony, walk-in closet, and spa-inspired bathroom with dual vanities, soaking tub, and oversized shower. One secondary bedroom offers an en-suite bathroom, while two additional bedrooms share a beautifully appointed Jack-and-Jill bath.The rooftop deck provides an elevated entertaining experience with an outdoor kitchen, BBQ area, comfortable lounge spaces, and spectacular unobstructed views.Additional highlights include owned solar panels and advanced smart home features, including smart door locks with individual access codes, Sonos in-ceiling speakers throughout, security alarm system, and smart appliances.Ideally positioned on a prime corner lot West of Lincoln, this exceptional residence is walking distance from shopping dining and entertainment on Abbot Kinney, Rose Avenue, and work famous Venice Beach, offering the perfect blend of architectural design, modern luxury, and the iconic Venice lifestyle.
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THE NEIGHBORHOOD

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616 7th, Venice, CA 90291

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Full baths
3
Half baths
1
Cooling
CentralAir
Heating
Central
Appliances
Barbecue,Dishwasher,Disposal
Flooring
Tile,Wood
Pool features
InGround
Spa
Yes
Parcel
UNAVAILABLE

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$15,820.83
Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

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  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #26869043 · California Regional MLS

Listing brokerage: Compass
Listing agent: Marisol Murad

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.