One-of-a-kind Venice compound on a large double lot over 8,100 sq ft! This property has so much to offer. Amazing location within walking distance to Abbot Kinney Boulevard and the beach. ATTENTION: end-users, developers, and investors.The front entrance of this beautifully remodeled bungalow is gated with both a car entry and a pedestrian entrance. The front patio allows for a tranquil space where you can relax amongst the mature landscaping. The main home is a gorgeous remodeled 2 bedroom 1 bath bungalow with over 1,600 sq ft of living space. There are several access points from the main home to the additional structure. The back of the property is filled with endless opportunities to fit the needs of a variety of users. You will be able to transform the additional 3,600 sq ft into anything from an art studio, work-from-home office space, music/dance studio. It's a great space for entertaining as well. This additional space was designed by award-winning architect Steven Ehrlich. One of the eye-catching architectural details includes a steel bridge that connects the apartment to the living area/apartment. Tons of open space with stunning 30 ft high ceilings and plenty of natural lighting. You?ll also enjoy a spectacular view from the rooftop deck that looks out towards the ocean.This fantastic property was once owned by Lenny Kravitz and Lisa Bonet. And most recently, was the home of the famous artist, Michael Braden. The options are endless!