4 months on rocket

521 Venice Way, Venice, CA, 90291

$2,799,000

4 Bedrooms
5 Baths
2,673 SqFt
$1,047/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingAssigned
Year Built1947
HeatingCentral
FireplaceLiving Room
ViewNone
MLS #24415909
Lot Size0.10 Acres
StatusActive

About 521 Venice Way

Welcome to this FULLY FURNISHED and completely VACANT triplex in the vibrant neighborhood of Venice, California. This property offers the perfect opportunity for an owner/user to generate income or an investor looking to rent all three units. Located in close proximity to the Venice Canals, the beach, and all that Abbot Kinney Blvd has to offer - this is quintessential Venice living! The recently renovated 2 bed, 2.5 bath back unit lives like a single family townhome featuring dual en suites that provide ample space and privacy for residents and guests. With vaulted bedroom ceilings and a private balcony, this 1200 sqft unit has an airy, open atmosphere. The two front units are 1 bed/1 bath bungalows each filled with sunlight and charm. All of the three units have upgraded appliances, their own washer/dryer, and recently replaced gas lines and roof. The property has 5 car parking, and beautifully landscaped shared outdoor space with an outdoor shower. Whether you're an owner/user, or investor, this triplex presents endless opportunities!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1947
  • Stories: 0
  • Living Area: 2,673 SqFt

Listing Office:

  • Office Name: Christie's International Real Estate SoCal
  • Office Phone: (424) 249-7162
  • Listing Agent: Simon Mashian

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Front Yard, Landscaped
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: West of Abbot Kinney, North of Venice Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,799,000
  • Price Per SqFt: $1,047/SqFt
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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

521 Venice Way vs Los Angeles

129 DAYS ON ROCKET

+91 Days

$2,799,000

+$1.7M More

$1,047/SqFt

+$406 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $406/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: #24415909

Listing Office:

  • Office Name: Christie's International Real Estate SoCal
  • Office Phone: (424) 249-7162
  • Listing Agent: Simon Mashian

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, 5:20:51 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

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,458

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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.

Nearby Schools

school-card-donut-823640
5
/10
  • Westminster Avenue Elementary

  • 1010 Abbot Kinney Blvd

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-823641
8
/10
  • Broadway Elementary School

  • 1015 Lincoln Blvd

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-823642
6
/10
  • Coeur d'Alene Avenue School

  • 810 Coeur D Alene Ave

  • 0.78 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,107. 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 521 Venice Way

What is the listing price of this property?

The listing price of 521 Venice Way property is $2,799,000.

What type of property is this?

The property 521 Venice Way is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 521 Venice Way is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 521 Venice Way has 4 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 521 Venice Way is 2,673 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 521 Venice Way is 1947.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90291521 Venice Way

This home is located at 521 Venice Way in Venice, CA and zip code 90291 in the Venice neighborhood. This 2,673 square foot home, which was built in 1947, sits on a 0.10 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $2,799,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

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

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