4 years on rocket

116 Washington Blvd, Venice, CA, 90292

$2,195,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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116 Washington Blvd, Los Angeles$2,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway, Garage, Guest, One Space, On Street, Side By Side, Tandem
Year Built1938
HeatingNone
CoolingNone
WaterfrontLagoon, Ocean Front
FireplaceNone
MLS #20585882
Lot Size0.04 Acres
StatusActive

About 116 Washington Blvd

With some of the highest drive by counts & pedestrian foot traffic in So Cal, this trophy commercial development opportunity is located next to the iconic Venice Pier and Boardwalk. Surrounded by the ultra-hip influencers & uber-luxury lifestyle, with the trendiest shopping, restaurants & night life, this C4-zoned property allows a qualified investor-developer with an unprecedented opportunity to design-build their dream project, in the heart of Silicon Beach. Be surrounded among Google, YouTube, SnapChat, Electronic Arts & many advertising, high-tech, digital media, marketing companies minutes away, the ability to build multiple levels for various tenants offering stunning ocean views, with the convenience of existing public parking, gives an investor-developer even more flexibility with design concept, development & long-term investment potential of a modern, state-of-the-art multi-tenant commercial project steps from LAX, Loyola Marymount, SoFi Stadium, downtown LA and Santa Monica

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1938
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams Hollywood Hills
  • Office Phone: (310) 623-1300
  • Listing Agent: Mark Gallandt

Interior Features

Interior Information:

  • Flooring Type: Tile
  • Interior: Storage, Workshop
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lagoon, Ocean Front

Parking Information:

  • Parking: Driveway, Garage, Guest, One Space, On Street, Side By Side, Tandem

Virtual/3D Tour

  • Virtual Tour: 116 Washington Blvd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: South side on Washington Blvd, east of Pacific Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,195,000
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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

116 Washington Blvd vs Los Angeles

1627 DAYS ON ROCKET

+1589 Days

$2,195,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #20585882

Listing Office:

  • Office Name: Keller Williams Hollywood Hills
  • Office Phone: (310) 623-1300
  • Listing Agent: Mark Gallandt

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: 11/21/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,647

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NMLS#3030

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-422080
5
/10

  • Westminster Avenue Elementary

  • 1010 Abbot Kinney Blvd

  • 0.92 miles

  • Public District Grades KG-5

school-card-donut-422081
6
/10

  • Coeur d'Alene Avenue School

  • 810 Coeur D Alene Ave

  • 0.97 miles

  • Public District Grades KG-5

school-card-donut-422082
8
/10

  • Broadway Elementary School

  • 1015 Lincoln Blvd

  • 1.26 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 $87,981. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Washington Blvd

What is the listing price of this property?

The listing price of 116 Washington Blvd property is $2,195,000.

What type of property is this?

The property 116 Washington Blvd is a house located in Venice, California, 90292.

Is this property for sale now?

Active Listing: 116 Washington Blvd is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 116 Washington Blvd is 1938.

Rocket Homes›California›Los Angeles County›Los Angeles›90292›116 Washington Blvd

This home is located at 116 Washington Blvd in Venice, CA and zip code 90292 in the Venice neighborhood. This home, which was built in 1938, sits on a 0.04 acre lot. It has been listed on Rocket Homes since June 08, 2020 and is currently priced at $2,195,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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