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4,734 sqft

$2,200,000

716 Machado Drive, Venice CA, 90291

Price per sqft$464.72
Built in1949
Property size4,734 sqft
Property typeCondominium
Listed by Kevin Kawaoka CA DRE# 01733613 with Bluechip Investment Group, Inc 310-560-7184

Overview

Active

Listed Oct 7, 2026

Updated 27h ago

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.

$14,637/mo

Est. mortgage payment based on a $2,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SB26206555

Interior Features

Fireplace
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Kevin Kawaoka CA DRE# 01733613 with Bluechip Investment Group, Inc 310-560-7184

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/8/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/8/2026 at 7:31 AM UTC Last Checked: 7:31 AM UTC

 

 

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