716 Machado Drive

Property Overview

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.

Home Details

Property type: Residential Income - Apartment
Year built: 1949
Lot size: 7,999 sq ft
Parking: 2 spaces
Garage: 2 spaces
Stories: 2
Days on market: 0
MLS status: Active

Features & Amenities

Pool

None

Lot

Zero To One Unit Acre

Community, Schools & Utilities

Community

Fireplace: Yes

Utilities

Electric: Standard
Water: Public
Sewer: PublicSewer

Location & Neighborhood

Venice, CA 90291

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Frequently Asked Questions About 716 Machado Drive

Property type: Residential Income

The current asking price is $2,200,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 716 Machado Drive. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1949. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Venice, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Venice property.

The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

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