205 5th Avenue Venice, CA ^$ 2,650,000

205 5th Avenue

^$ 2,650,000

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205 5th Avenue

Venice, CA, 90291

^$ 2,650,000

Studio Baths0.0 Sq 2,743

Monthly Estimate*

^$ 18,511

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Studio

Multi-Family Home for sale in Venice, CA

for $2,650,000. This 2,743 square foot home was built in 1929 on a lot size of 0.1.

RENOVATED & IMPROVED THROUGHOUT..... ONE VACANT UNIT, Back in the market! Venice location at its best, walking distance to all Rose Avenue's best & finest dining and minutes away from the beach! This charming Spanish-style duplex has a lot to offer. The newly improved first level features a spacious 2 bedroom 2 bathroom residence. It's accented by Spanish-inspired details such as arched doorways, a beautiful original fire place and hard wood floors throughout and it has a separate guest quarter completed with its own private entrance. The second floor, features a completely remodeled 3 bedroom and 2 bathrooms with an open floor plan and a beautiful private balcony. The property has a detached garage and additional gated parking & features a amazing deck with views of the city and the ocean as well as a cozy courtyard area tailored for relaxation and entertainment. This is a great property for an owner user or investment with a vision to add ADU. **Submit your best offers as this property won't last long...

Multi-Family Active

Price

^$ 2,650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Spanish

Lot Size

0.1

Year Built

1929

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0024376231

Features

General

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Possession Close of Escrow

Zoning LARD2

Architectural Style Spanish

Year Built 1929

View City Lights Ocean

Levels One

Accessibility Other

County Los Angeles

Net Operating Income 32196.0

Insurance Expense 1656.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Venice

Buyer Agent Compensation 2.50

View Y/N Yes

Senior Community Y/N No

MLS Area C11 - Venice

Lot Size Square Feet 4141.0

Street Name 5th

Water Sewer Expense 720.0

Standard Status Active

Taxes 28380.0

Buyer Agent Compensation Type %

Exterior

Parking Features Garage - Two Door Garage - Three Door Auto Driveway Gate

Lot Size Area 4141.0

Building Area Total 2743.0

Lot Size Acres 0.1

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Fireplace Features Outside Living Room

Common Walls No Common Walls

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N Yes

Street Suffix Avenue

Laundry Features Washer Included Dryer Included

Total Baths 0

* Excluded Features

List By

Golnaz Rassekh

Listing Agent

Keller Williams Beverly Hills

Broker

Affordability Calculator

$18,511

Per Month

Monthly Principal & Interest: $18,511
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Venice, CA

Average List Price ^$2,953,978

Percent of Sale Price 11%

About Venice, CA

29,124 Population

-6% Since 2002

^$89,009 Median Income

41.51 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/4/2024	$2,650,000		Listed Price

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205 5th Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $2,650,000 with 2,743 sqft and a lot size of 0.1. 205 5th Avenue is a studio with 0.0 baths and was built in 1929. The property's zip code is 90291 which is in Venice, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/6/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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205 5th Avenue

Multi-Family Home for sale in Venice, CA

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