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1040 Vernon Ave, Venice, CA, 90291

$2,399,900

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,615 SqFt
$1,486/SqFt
House

Location

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1040 Vernon Ave, Los Angeles$2,399,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage
Garage2 spaces
Year Built1951
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
MLS #OC24213365
Lot Size0.11 Acres
StatusActive

About 1040 Vernon Ave

This beautifully updated home offers modern living in a desirable location. The open-concept layout features a spacious kitchen with custom cabinetry, a large island, and high-end stainless steel appliances, perfect for entertaining. The living and dining areas seamlessly connect to the serene backyard through oversized sliding glass doors, leading to a custom deck designed for outdoor lounging or dining. The primary bedroom suite is a peaceful retreat with a spa-like bathroom that includes a dual vanity, glass-enclosed shower, and designer tilework. Additional bedrooms are generously sized with ample closet space. A stylish laundry room with modern cabinetry adds convenience and extra storage. The exterior is professionally landscaped with drought-tolerant plants, all enclosed by a sleek fence for privacy and enhanced curb appeal. The detached garage offers flexibility for storage, a potential studio, or the opportunity to complete construction to create an ADU. Conveniently located near local shops, restaurants, and beaches, this home combines comfort and modern updates with the best of beach city living.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 1
  • Living Area: 1,615 SqFt

Listing Office:

  • Office Name: Impact Real Estate
  • Office Phone: (702) 845-4991
  • Listing Agent: Nicole Griffin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Open Floorplan, Unfurnished, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Penmar Ave, Indiana Ave, Vernon Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,399,900
  • Price Per SqFt: $1,486/SqFt

Tax Information:

  • Annual Amount: $1,420
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1040 Vernon Ave vs Los Angeles

34 DAYS ON ROCKET

-4 Days

$2,399,900

+$1.3M More

$1,486/SqFt

+$845 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $845/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24213365

Listing Office:

  • Office Name: Impact Real Estate
  • Office Phone: (702) 845-4991
  • Listing Agent: Nicole Griffin

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,420$102,770
2020$1,381$101,717
2019$1,299$99,724
2018$1,274$97,770
2017$1,274$95,853

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-583639
8
/10

  • Broadway Elementary School

  • 1015 Lincoln Blvd

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-583640
3
/10

  • Walgrove Avenue Elementary

  • 1630 Walgrove Ave

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-583641
6
/10

  • Will Rogers Learning Community

  • 2401 14th St

  • 0.79 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,985. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1040 Vernon Ave

What is the listing price of this property?

The listing price of 1040 Vernon Ave property is $2,399,900.

What type of property is this?

The property 1040 Vernon Ave is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 1040 Vernon Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,420 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1040 Vernon Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1040 Vernon Ave is 1,615 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1040 Vernon Ave is 1951.

Rocket Homes›California›Los Angeles County›Los Angeles›90291›1040 Vernon Ave

This home is located at 1040 Vernon Ave in Venice, CA and zip code 90291 in the East of Lincoln neighborhood. This 1,615 square foot home, which was built in 1951, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $2,399,900.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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