A rare trophy beachfront asset located just steps from the Venice Pier, 3111 Ocean Front Walk is one of Venice Beach's most recognizable mixed-use properties. Known as the iconic "Angel of Unity" building, the four-story architectural offering blends creative commercial space, residential income, and irreplaceable coastal frontage in the heart of one of Los Angeles' most dynamic and heavily visited neighborhoods. On over 5,000 square feet of prime beachfront land, the approximately 8,000 square foot property features ground-floor commercial frontage along Ocean Front Walk, multiple shoreline-view apartments, and a dramatic split-level penthouse with sweeping 270-degree views spanning from the Pacific Ocean to the city skyline. Designed to maximize the coastal experience, the penthouse captures panoramic sunrise-to-sunset views from a unique motorized loft space. Positioned between Venice Beach and Marina del Rey, the property sits within one of Southern California's most sought-after coastal trade areas, benefiting from constant tourism, strong local demographics, and long-term income growth potential. Zoned C4, the asset offers exceptional flexibility for an investor or operator seeking a repositioning, hospitality, creative office, retail, or mixed-use opportunity tailored to evolving market demand. Venice has emerged as the center of "Silicon Beach, " attracting leading technology, entertainment, and digital media companies alongside billions in venture capital investment. The neighborhood's affluent and highly educated population, combined with millions of annual visitors drawn to Venice's art, culture, restaurants, boutiques, and beachfront lifestyle, continues to drive demand for distinctive experiential real estate offerings.
Multi-familyProperty Type
1992Year Built
5,039 sq ftLot Size
$1,249Price/Sq.Ft.
4 garage spacesParking
Listed by Jason Oppenheim•DRE #01863254• The Oppenheim Group, Inc.
Marina Peninsula, located between Marina del Rey and Venice, is a coastal and residential Los Angeles neighborhood with canal-lined streets and wide sandy beaches. The neighborhood’s character concentrates around Washington Boulevard at Ocean Front Walk, where surf shops, casual patios, and bike traffic set a beach-town tempo. Architectural cues lean modern and coastal, with contemporary homes, low-slung apartments, and balconies angled toward sea air. The Venice Canals add a quieter, waterside counterpoint to the oceanfront. Local pillars include The Cow’s End Cafe, The Venice Whaler, and the Venice Beach Boardwalk for coffee, live music, and people-watching. The Ballona Lagoon and nearby marina slips keep the landscape defined by water on nearly every side.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Built-in cabinetry
Elevator
Garbage disposal
As-is condition (disclosures)
Bedrooms
Combination of studio/zero-bedroom and multi-bedroom units (units include 0 and 2-bedroom layouts)
Bathrooms
Mix of 1- and 3-bath configurations across units
Kitchen
Refrigerator
Freezer
Laundry & utility
Dryer
Heating & cooling
Central heating
Central cooling
Exterior features
Property faces the southeast corner of Washington Blvd and Ocean Front Walk
No other detached structures on the lot
Home design
Residential income property
Multi-level building with 4 total floors
Single building on the lot
Zoned LAC4
Parking
Gated garage with space for 4+ cars
Approximately 14 total parking spaces
Security
Gated garage
Construction
No year-built provided
Utilities
No interior utility provider details specified
HOA & community
Complex contains 5 units
Financial info
Gross operating income reported at $641,250
Net operating income reported at $441,250
Total annual expenses approximately $200,000
Gross rent multiplier: 16.29
Vacancy rate listed as 100% (as reported)
Scheduled/actual status: Scheduled
Projected rents shown per unit (examples): $8,000; $4,250; $9,250; $8,750; $26,000
Other
Assessor parcel number available (4225-001-002)
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Permits
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
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Parking Spaces
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Basement
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Last updated by owner on Apr 11, 2023.
Mar 10, 2008 • Final
Swimming-pool/spa
Install a jacuzzi on the third-floor deck area of a residential unit.
Pool and hot tub
Mar 8, 2005 • Final
Bldg-alter/repair
Install a steel globe on top of the existing building. Infill existing openings on the third level adjacent to the living and family room.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
This home ranks in the top 27% for direct sun exposure in Marina Del Rey. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.5 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3111 Ocean Front Walk
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