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1327 Preston Way, Venice, CA 90291

4 Bed, 4 Bath Single Family Home For Sale

1327 Preston Way, Venice, CA 90291 Home For Sale - MLS #17204266
Off the Market
$3,995,000
4
4
Single Family
This listing is courtesy of Michael Moody from Teles Properties, Inc..

Property Description for 1327 Preston Way, Venice, CA 90291

Possibly one of THE coolest opportunities in Venice right now, as owner is offering both owner users and the savvy investors 2 options. 1st Option: Recently received approved plans from the city to convert and remodel the existing 4 Bed 4 Bath home into a 5,880 square foot beautiful 6/B/6B "Zero Energy" Modern home. This responsibly packaged product has been specifically designed to power the entire home plus 1 electric vehicle entirely by solar by utilizing both Solar city panels and Tesla's new Powerwall 2 system. 2nd Option: Purchase the beautiful existing "move in ready" 3,900 sq foot single story home "as is". The lot size approx is 10,900 sq ft. Hardwood floors throughout, updated bathrooms and kitchen, 4 car detached garage located on the back corner of the very BIG and beautiful backyard, that has a second entrance from back alley (which happens to be the widest alley in the surrounding neighborhood) Either option offers significant upside potential to create more value.

Interior Details

3,936 sq. ft.
$1,014.99/sq. ft.
Furnished

Exterior Details

0.25 acres
10,894 sq. ft.

Other Details

17204266
1951
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(20%)

Monthly Mortgage Payments

$18,147
$25,274

Town Description

Venice of America was founded by tobacco millionaire Abbot Kinney in 1905 as a beach resort town, 14 miles (23 km) west of Los Angeles. He and his partner Francis Ryan had bought two miles (3.24 km)...

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