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Listed by Bluechip Investment Group, Inc, Kevin Kawaoka, Listing Contact: 310-560-7184 
7 Beds
5 Baths

$2,200,000

716 Machado Drive, Venice CA, 90291

Property typeMulti-family

Overview

Active

Listed Oct 7, 2026

Updated 33h 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

Bedrooms
7
Bathrooms
5
Basement
No

Exterior Features

Lot Size
0.18 Acres

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Data last updated 7:10 AM UTC, 10/8/2026

   

 

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