If the exclusive enclave of Venice Canals is your dream neighborhood, and you don’t mind living in a tiny home surrounded by untapped potential (it’s dirt) — then this is the LA listing for you.
But it will set you back around $2 million.
In a city wherehousing costs remain sky-highevenamid reports of declining rents, a 436-square-foot renovated bungalow on one of Los Angeles’ most iconic waterways just listed on May 1 for the cool price of $1.95 million.
The property at408 Linnie Canal in Veniceis being marketed as “The Linnie Bungalow” — a pied-à-terre with a custom kitchen, Italian tile flooring, and sliding doors that open to indoor-outdoor living.
And that’s about all the tiny space offers.
While the grounds surrounding the bungalow remain a blank canvas, the listing offers imaginative renderings to showcase the potential upgrades including a hot tub, tennis court, swimming pool, fire pit — or the option to tear down the refreshed tiny home and rebuild as a three-story palace.
Listing agent Oliver Thornton told The California Post: “The pricing for 408 Linnie Canal is being driven by a combination of location, usability, lifestyle appeal, and future upside potential. Unlike many smaller Venice properties that trade purely as cottages or constrained duplex product, 408 is a thoughtfully renovated bungalow positioned on one of the most desirable stretches within the Venice Canals.
“We believe the pricing aligns competitively with recent sales trends throughout the Venice Canals and surrounding Venice market,” he added, “particularly for smaller lots, renovated bungalow/casita product, and properties with redevelopment or lifestyle upside potential.”
Due to thehome’s teeny-tiny footprint, you likely won’t be able to bring your king-size bed or your sprawling lounge suite. But on the bright side, having to sell off your furniture will help with the projected $12,767-per-month mortgage payments.
Originally built on in 1924 and updated over the years, the mini home sits on a 2,849 square foot lot with a grandfathered 8-foot setback that adds a bit of breathing room in the tightly packed canals enclave, famed for its beachy backdrop, stunning wealth, boutique shopping — and not too far from the persistentWhac-A-Mole homeless encampments.
Source: California Post – Breaking California News, Photos & Videos