5 months on rocket

205 5th Ave, Venice, CA, 90291

$2,495,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Baths
2,743 SqFt
$910/SqFt
House

Location

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205 5th Ave, Los Angeles$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCarport, Door-Single, Garage, Uncovered
Garage1 space
Year Built1929
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceDecorative, Living Room
ViewCity Lights, Ocean
MLS #24395243
Lot Size0.10 Acres
StatusActive

About 205 5th Ave

Welcome to this timeless and dreamy Spanish duplex located in the vibrant Rose Corridor, nestled between Venice and Santa Monica. With the perfect blend of classic elegance, timeless style, and modern upgrades, this two-unit property w/ a vacant unit offers endless opportunities - live in the bottom unit with the upstairs as a rental for passive income, rent the entire property for your investment portfolio, or utilize the property as your future compound. The reimagined downstairs space features a spacious 2-bedroom, 2-bathroom residence adorned with hardwood floors, arched doorways, and a beautiful original fireplace, creating a warm and inviting atmosphere. A separate bonus space with a private entrance completes this unit, perfect for guest quarters or a home office! Move onto the upstairs unit boasting a completely remodeled 3-bedroom, 2-bathroom unit (currently occupied by tenant) with an open floor plan and a private balcony, offering a serene retreat with city and tree-top views. Additional amenities include a detached garage, gated parking, an amazing deck ideal for outdoor dining and relaxation, and a cozy courtyard designed for gatherings and entertainment. Expand later and add an ADU, making it a true gem in Venice. Live the SoCal dream minutes to the beach and in the heart of some of Los Angeles' best restaurants, coffee shops, and boutiques. Also, just a short stroll to Whole Foods, parks, and more. Seller is open to partial seller financing at 6% for 2 years.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1929
  • Stories: 2
  • Living Area: 2,743 SqFt

Listing Office:

  • Office Name: Pardee Properties
  • Office Phone: (310) 907-6517
  • Listing Agent: Paige Ogden

Interior Features

Interior Information:

  • Appliances: Oven, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s)
  • Fireplace: Decorative, Living Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Ocean

Parking Information:

  • Garage Space: 1 space
  • Parking: Carport, Door-Single, Garage, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: North of Rose, West of Lincoln, East of Main St., South of Marine

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
  • Price Per SqFt: $910/SqFt

Tax Information:

  • Annual Amount: $25,602
  • 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

205 5th Ave vs Los Angeles

168 DAYS ON ROCKET

+130 Days

$2,495,000

+$1.4M More

$910/SqFt

+$269 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $269/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: #24395243

Listing Office:

  • Office Name: Pardee Properties
  • Office Phone: (310) 907-6517
  • Listing Agent: Paige Ogden

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: 11/15/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 12, 2020Home Sold
$2,125,000

Tax History

YEARPROP. TAXASSESSMENT
2021$25,602$2,147,015
2020$19,464$1,658,918
2019$19,347$1,626,392
2018$18,927$1,594,503
2017$18,927$1,563,240

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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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-529785
5
/10

  • Westminster Avenue Elementary

  • 1010 Abbot Kinney Blvd

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-529786
8
/10

  • Broadway Elementary School

  • 1015 Lincoln Blvd

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-529787
6
/10

  • Will Rogers Learning Community

  • 2401 14th St

  • 0.94 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 $81,840. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are 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 205 5th Ave

What is the listing price of this property?

The listing price of 205 5th Ave property is $2,495,000.

What type of property is this?

The property 205 5th Ave is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 205 5th 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 $25,602 (source: MLS/based on county public records data).

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

The last sale was on March 12, 2020 for $2,125,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 205 5th Ave has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 205 5th Ave is 2,743 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 205 5th Ave is 1929.

Rocket Homes›California›Los Angeles County›Los Angeles›90291›205 5th Ave

This home is located at 205 5th Ave in Venice, CA and zip code 90291 in the Venice neighborhood. This 2,743 square foot home, which was built in 1929, sits on a 0.10 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $2,495,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

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

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