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521 Venice Way Venice (los Angeles), CA, 90291
$2,950,000 Home for sale 4 beds 2,673 sqft
Welcome to this 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, at an estimated 4% cap rate. 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!
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Property details
2,673 sqft interior area
Property type
Home
Interior area
2,673 sqft
View
None
Land area
4,356 sqft (0.10 acres)
Price per sqft
$1,103/sqft
Days on Verhouse
40
Address
521 Venice Way, Venice (los Angeles), CA, 90291
City of California
Venice (los Angeles)
County
Los Angeles
Year Built
1947
District
Listing
Open Houses
No upcoming open houses
Interior Features
—
Beds
4
Garage & Parking
None
Laundry Features
Dryer, Washer
Heathing & Cooling
Central
Amenities
Other
Listed by
Meredith Gruszka, Pardee Properties
Name
Meredith Gruszka
License number
02013805
Brokerage company
Pardee Properties
MLS #
CL24376551
Payment calculator
Calculate your monthly payments
Mortgage
$9,058
Taxes
$0
HOA dues
$0
Mortgage
$590,000 / 20%
2.28%
30 years
Your amount
$9,058 / month
Exterior Features
—
Yard
Front Yard
Lot details
TMK #4238019020
Lot Description
Other, Front Yard, Landscape Misc
Parcel nr.
4238019020
90291 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
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no data
Local airport
—
no data
People living in 90291
37%
Families with children
National average: 39%
59%
Non family households
313,799
Population
$136,770
Average Income
Age & gender
Median age 38 years
More info
Commute types
74% commute by car
More info
Education level
36% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
48% have 1 vehicle
More info
Vehicles by gender
48% have 1 vehicle
More info
Housing market insights for
$1.84m
Neighborhood average
sales price*
sales price*
$1.65m
Neighborhood median
sales price*
sales price*
513
Number
of sales*
of sales*
Housing type
30% are apartments
More info
Rooms
37% of the houses have 4 or 5 rooms
More info
Bedrooms
54% have 2 or 3 bedrooms
More info
Owners vs Renters
66% are renters
More info
17.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
For sale May 7, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 7, 2024 | For sale | $2,950,000 | 1103.63 | MLS #CL24376551 |
| Apr 30, 2024 | Under contract | $2,950,000 | 1103.63 | MLS #CL24376551 |
| Apr 11, 2024 | New Listing | $2,950,000 -1.67% | 1103.63 | MLS #CL24376551 |
| Sep 10, 2023 | Price Decrease | $2,999,999 -3.23% | 1122.33 | MLS #CL23294943 |
| Aug 2, 2023 | New Listing | $3,099,999 | 1159.75 | MLS #CL23294943 |
Taxes of 521 Venice Way, Venice (los Angeles), CA, 90291
LARD zoning / MLS #CL24376551
Zoning
LARD
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Frequently Asked Questions about 521 Venice Way
What is 521 Venice Way?
521 Venice Way, Venice (los Angeles), CA, 90291 is a single family home located in the city of Los Angeles, California with zipcode 90291. This single family home has 4 bedrooms with an interior area of 2,673 sqft.
Which year was this home built?
This home was build in 1947.
What is the full address of this Home?
521 Venice Way, Venice (los Angeles), CA, 90291.
Are grocery stores nearby?
The closest grocery stores are Erewhon, 0.28 miles away and Ralphs, 0.83 miles away.
What is the neighborhood like?
The 90291 zip area has a population of 313,799, and 37% of the families have children. The median age is 38.59 years and 74% commute by car. The most popular housing type is "apartment" and 66% is renter.
Based on information from the bridgeMLS as of 05-20-2024. 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. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 07, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Erewhon, 0.28 miles away and Ralphs, 0.83 miles away.
The 90291 zip area has a population of 313,799, and 37% of the families have children. The median age is 38.59 years and 74% commute by car. The most popular housing type is "apartment" and 66% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
