new - 4 hours on rocket

340 Rennie Ave, Venice, CA, 90291

$2,579,000

5 Bedrooms
5 Baths
2,283 SqFt
$1,130/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingCarport
Year Built1905
HeatingCentral
CoolingCentral Air
ViewNone
MLS #24464397
Lot Size0.15 Acres
StatusActive

About 340 Rennie Ave

Welcome to 340 Rennie Avenue in the vibrant Venice, CA a standout real estate gem tailored for both owner-users and astute investors seeking exceptional rental income prospects. This property presents three distinct units, catering to various living arrangements. The welcoming front unit boasts a charming one-bedroom, one-bathroom layout. The expansive middle unit showcases three bedrooms and one and a half bathrooms, offering generous living space ideal for families or those desiring extra room. Nestled at the back is a cozy studio unit, providing a tranquil escape within your personal oasis. Perfectly situated in Venice's coveted Rose corridor, this residence enjoys close proximity to Abbot Kinney, Venice Beach, and Main Street, granting residents easy access to the vibrant local lifestyle and amenities. Explore trendy boutiques, acclaimed dining spots, and the iconic Venice Beach boardwalk, all just a stone's throw away. Whether you envision residing in one unit while generating income from the others or seek a lucrative investment opportunity with promising rental returns, 340 Rennie Avenue delivers a harmonious blend of prime location, versatile living spaces, and great potential. Embrace the chance to own a slice of Venice's sought-after real estate market. Contact us today to schedule a viewing and seize this exciting prospect for lucrative rental income. Middle unit is occupied and can be shown after an accepted offer .

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Stories: 0
  • Living Area: 2,283 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 458-0091
  • Listing Agent: Joel Newton

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South of Rose and North of Sunset

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,579,000
  • Price Per SqFt: $1,130/SqFt

Tax Information:

  • Annual Amount: $21,360
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

340 Rennie Ave vs Los Angeles

1 DAY ON ROCKET

-37 Days

$2,579,000

+$1.5M More

$1,130/SqFt

+$489 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $489/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: #24464397

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 458-0091
  • Listing Agent: Joel Newton

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: 11/17/2024, 8:20:56 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

Jul 17, 2019Home Sold
$1,775,000

Tax History

YEARPROP. TAXASSESSMENT
2021$21,360$1,793,388
2020$18,592$1,775,000
2019$901$54,006
2018$888$52,948
2017$888$51,911

History based on county public records data.

Payment Calculator

$12.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,798

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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-386570
5
/10
  • Westminster Avenue Elementary

  • 1010 Abbot Kinney Blvd

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-386571
8
/10
  • Broadway Elementary School

  • 1015 Lincoln Blvd

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-386572
6
/10
  • Will Rogers Learning Community

  • 2401 14th St

  • 1.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,840. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most 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 340 Rennie Ave

What is the listing price of this property?

The listing price of 340 Rennie Ave property is $2,579,000.

What type of property is this?

The property 340 Rennie Ave is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 340 Rennie 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 $21,360 (source: MLS/based on county public records data).

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

The last sale was on July 17, 2019 for $1,775,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 340 Rennie Ave has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 340 Rennie Ave is 2,283 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 340 Rennie Ave is 1905.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90291340 Rennie Ave

This home is located at 340 Rennie Ave in Venice, CA and zip code 90291 in the Venice neighborhood. This 2,283 square foot home, which was built in 1905, sits on a 0.15 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $2,579,000.

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. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 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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