new - 2 days on rocket

118 Wavecrest Ave, Venice, CA, 90291

$2,450,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,596 SqFt
$1,535/SqFt
House

Location

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118 Wavecrest Ave, Los Angeles$2,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Direct Access, Driveway, Garage, Garage Door Opener
Attached GarageYes
Year Built2007
HeatingRadiant
CoolingNone
FireplaceNone
ViewCity Lights, Mountain(s)
MLS #24456561
Lot Size0.05 Acres
StatusActive

About 118 Wavecrest Ave

Beautiful custom-designed bungalow in the heart of Venice by local architecture firm Evan Braun Design. Built in 2007 around two trees in the gated front courtyard, this unique 3 bedroom, 2.5 bath home blends Craftsman and Japanese styles, inspired by nature's warmth and tranquility. The home boasts custom glasswork, oversized wood-framed windows, wood-paneled ceilings, and intricate tile & concrete flooring. A built-in daybed enhances the main living space, while a shoji-screened window connects to the kitchen featuring a Wolf range, green soapstone countertops, floating shelves, and a large walk-in pantry. Upstairs, the secondary suite includes a studio/office and bedroom separated by sliding shoji screens, and a hall bath with a clawfoot tub and rain shower head. The primary bedroom offers high ceilings, a balcony, and an open en-suite bathroom with a Japanese seated shower, wooden ofuro soaking tub, and ocean-inspired tile work. Enjoy sunsets and the coastal breeze from the rooftop deck. Additional features include an attached garage, an extra off-street space, and upstairs laundry. Located on a tree-lined walk street, just blocks from Abbot Kinney Blvd, Rose Ave, the Venice Canals, and the beach!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2007
  • Stories: 2
  • Living Area: 1,596 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 437-7500
  • Listing Agent: Diana Braun

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Walk-In Pantry
  • Fireplace: None

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Mountain(s)

Parking Information:

  • Attached Garage: Yes
  • Parking: Door-Multi, Direct Access, Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

School Info

Assigned Schools Information:

  • Venice Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Mark Twain Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Westminster Avenue Elementary School, Public Magnet Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: West of Main Street, North of Clubhouse Ave, East of Pacific St, South of Brooks Ct

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,450,000
  • Price Per SqFt: $1,535/SqFt

Tax Information:

  • Annual Amount: $13,137
  • 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

36

# of Sold Homes

1331

118 Wavecrest Ave vs Los Angeles

2 DAYS ON ROCKET

-34 Days

$2,450,000

+$1.4M More

$1,535/SqFt

+$895 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $895/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: #24456561

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 437-7500
  • Listing Agent: Diana Braun

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: 10/27/2024, 12:55:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 09, 1989Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,137$1,107,939
2020$12,739$1,096,579
2019$12,693$1,075,079
2018$12,416$1,054,000
2017$12,416$1,033,334

History based on county public records data.

Payment Calculator

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,412

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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.

Elementary School

school-card-donut-732979
5
/10

  • Westminster Avenue Elementary School

  • 1010 Abbot Kinney Blvd

  • 0.12 miles

  • Public Magnet Grades KG-5

school-card-donut-732980
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.79 miles

  • Public Magnet Grades KG-6

school-card-donut-732981
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.56 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-732982
5
/10

  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 1.76 miles

  • Public Magnet Grades 6-8

school-card-donut-732983
4
/10

  • Studio

  • 2211 W Avenue 30

  • 15.70 miles

  • Public District Grades 6-8

High School

school-card-donut-732984
7
/10

  • Venice Senior High School

  • 13000 Venice Blvd

  • 1.67 miles

  • Public Magnet Grades 9-12

school-card-donut-732985
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.95 miles

  • Public Magnet Grades 9-12

school-card-donut-732986
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 15.35 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,898. Residents of Los Angeles, CA typically earn between $100k-200k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 118 Wavecrest Ave

What is the listing price of this property?

The listing price of 118 Wavecrest Ave property is $2,450,000.

What type of property is this?

The property 118 Wavecrest Ave is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 118 Wavecrest Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 118 Wavecrest Ave are:
Westminster Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Mark Twain Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
Venice Senior High School: GreatSchools Rating 7/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $13,137 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 9, 1989 for $310,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 118 Wavecrest Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 118 Wavecrest Ave is 1,596 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 118 Wavecrest Ave is 2007.

Rocket Homes›California›Los Angeles County›Los Angeles›90291›118 Wavecrest Ave

This home is located at 118 Wavecrest Ave in Venice, CA and zip code 90291 in the Venice neighborhood. This 1,596 square foot home, which was built in 2007, sits on a 0.05 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $2,450,000.

In September 2024 more than 532 listings in Los Angeles, CA were sold above the asking price. During the same period more than 180 listings were sold at asking price, while more than 619 were sold below. Between August 2024 and September 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.6%. While the average time on the market in September 2024 was 36 days, the median list price was $1,012,476.

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

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