2 months on rocket

3121/2 Market St, Venice, CA, 90291

$1,850,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
1,960 SqFt
$944/SqFt
House

Location

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3121/2 Market St, Los Angeles$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
Year Built1938
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
MLS #24435711
Lot Size0.07 Acres
StatusActive

About 3121/2 Market St

Exciting Opportunity in Venice Beach Charming Renovated Home with Endless Potential! Discover this beautifully renovated and vacant (2bed/2bath) Venice home ready for immediate occupancy! Plus you get a 2nd (2bed/1bath) unit that generates income. This is the perfect opportunity for owner-users to live in one unit while renting the other or to vacate 2nd unit and occupy both units. The vacant unit boasts a spacious 2-bedroom, 2-bathroom layout with a private front and back yard and includes a vacant garage with storage space that is ideal as a home office, gym, media room or creative office. The fully renovated downstairs unit, (with permits), features a custom kitchen adorned with modern cabinets, designer tiles, and sleek matte black fixtures. Enjoy new flooring, windows, and recessed lighting throughout, as well as two stylish full bathrooms with floating vanities. The unit also includes a new mini-split HVAC system for air conditioning and heating, in-unit laundry, and stainless steel appliances. Step outside to your private front and back yard perfect for relaxing or entertaining guests. This is an exceptional opportunity for discerning buyers, whether you are seeking a smart investment or a home where you can live in one unit while generating income from the other. Located just moments from Abbott Kinney and the iconic Venice Beach, this property offers the best of California living in a vibrant, historic neighborhood. Additionally, there are preliminary plans to add two detached ADUs in the back, the potential for increased value and future growth is significant. Embrace the Venice lifestyle, spend your days on the beach, shopping, and dining on Abbot Kinney, and savor the endless California summer in this dream property.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1938
  • Stories: 2
  • Living Area: 1,960 SqFt

Listing Office:

  • Office Name: ENGEL & VÖLKERS Santa Monica
  • Office Phone: (310) 460-2525
  • Listing Agent: Sandra Miller

Interior Features

Interior Information:

  • Appliances: Disposal, Refrigerator
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Front door is on the South side of Market St. Garages are in the alley.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $944/SqFt
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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

3121/2 Market St vs Los Angeles

78 DAYS ON ROCKET

+40 Days

$1,850,000

+$826.5K More

$944/SqFt

+$303 More

KEY TAKEAWAY

This property is $826.5K more than the Median Sold Price and $303/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: #24435711

Listing Office:

  • Office Name: ENGEL & VÖLKERS Santa Monica
  • Office Phone: (310) 460-2525
  • Listing Agent: Sandra Miller

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: 11/23/2024, 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

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

Payment Calculator

$9,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

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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-841678
5
/10

  • Westminster Avenue Elementary

  • 1010 Abbot Kinney Blvd

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-841679
8
/10

  • Broadway Elementary School

  • 1015 Lincoln Blvd

  • 0.98 miles

  • Public District Grades KG-5

school-card-donut-841680
6
/10

  • Coeur d'Alene Avenue School

  • 810 Coeur D Alene Ave

  • 1.17 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 $44,695. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are 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 3121/2 Market St

What is the listing price of this property?

The listing price of 3121/2 Market St property is $1,850,000.

What type of property is this?

The property 3121/2 Market St is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 3121/2 Market St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3121/2 Market St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 3121/2 Market St is 1,960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3121/2 Market St is 1938.

Rocket Homes›California›Los Angeles County›Los Angeles›90291›3121/2 Market St

This home is located at 3121/2 Market St in Venice, CA and zip code 90291 in the Venice neighborhood. This 1,960 square foot home, which was built in 1938, sits on a 0.07 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $1,850,000.

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. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. 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.

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