A rare opportunity just steps from the sand and a block from the iconic Venice sign, this mid-century modern duplex epitomizes beachside living. With ocean views and an unbeatable location, the property features two distinct units: an updated 1-bedroom owner's suite with the opportunity to easily convert to a 2-bedroom, upstairs and a 3-bedroom unit downstairs, offering exceptional rental income with significant upside potential.Set on a spacious lot with a two-car garage onsite and two additional off-street parking spaces accessible via the alley. This property boasts multiple secure patio spaces at the front, middle, and rear of the residence. Recent upgrades include kitchens, resort-style bathrooms, sleek new flooring, upgraded doors, modern lighting, and landscaping.Ideal for an owner-user, the property also presents unique opportunities: convert the existing garage into an ADU with a rooftop deck or reimagine the duplex as a single-family home. Whether for personal enjoyment or leveraging Venice's soaring rental market, this one-of-a-kind offering is primed for endless possibilities
This property is $1.5M more than the Median Sold Price and $748/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: #24465713
Listing Office:
Office Name: Douglas Elliman
Office Phone: (310) 595-3888
Listing Agent: Tracy Tutor
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, 7:20:51 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
DATE
EVENT
PRICE
Jun 01, 2017
Jun 01, 2017Home Sold
$2,012,500
Jul 21, 2004
Jul 21, 2004Home Sold
$1,150,000
Feb 12, 1992
Feb 12, 1992Home Sold
$375,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$25,614
$2,157,805
2020
$24,839
$2,135,680
2019
$24,750
$2,093,805
2018
$16,677
$2,052,750
2017
$16,677
$1,381,193
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13K
Per Month
Principal & Interest
$12.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,861
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Westminster Avenue Elementary
1010 Abbot Kinney Blvd
Distance between this listing and this school0.38 miles
Public District Grades KG-5
8
/10
Broadway Elementary School
1015 Lincoln Blvd
Distance between this listing and this school1.01 miles
Public District Grades KG-5
6
/10
Coeur d'Alene Avenue School
810 Coeur D Alene Ave
Distance between this listing and this school1.11 miles
Public District Grades KG-5
Nearby Schools
5
/10
Westside Global Awareness Magnet
104 Anchorage St
Distance between this listing and this school0.64 miles
Public Magnet Grades KG-8
9
/10
Santa Monica Alternative (K-8)
2525 5th St
Distance between this listing and this school1.41 miles
Public District Grades KG-8
5
/10
Mark Twain Middle School
2224 Walgrove Ave
Distance between this listing and this school1.69 miles
Public District Grades 6-8
Nearby Schools
6
/10
Animo Venice Charter High School
820 Broadway St
Distance between this listing and this school0.88 miles
Public Charter Grades 9-12
2
/10
Olympic High (Continuation)
721 Ocean Park Blvd
Distance between this listing and this school1.42 miles
Public District Grades 9-12
7
/10
Venice High School
13000 Venice Blvd
Distance between this listing and this school1.77 miles
The neighbors living near this home have an average income of $51,103. Residents of Los Angeles, CA typically earn between $35k-100k 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 23 18th Ave
What is the listing price of this property?
The listing price of 23 18th Ave property is $2,600,000.
What type of property is this?
The property 23 18th Ave is a house located in Venice, California, 90291.
Is this property for sale now?
Active Listing: 23 18th 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 $25,614 (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 1, 2017 for $2,012,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 23 18th Ave has 4 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 23 18th Ave is 1,872 SqFt (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 23 18th Ave in Venice, CA and zip code 90291 in the Venice neighborhood. This 1,872 square foot home, which was built in 1957, sits on a 0.06 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $2,600,000.
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. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.