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$2,650,000   Price Analysis
Agent Details  share icon   ♡  map icon  QR
205 5th Ave
Venice, CA 90291
5 bed 4 bath 2,743 SqFt ($966/SqFt)
4,141SqFt lot. Built 1929
Listed 2024-05-30, Taxes $27,054		Ⓧ USDA Ineligible
due to price & location
near Los Angeles

Welcome to this timeless and dreamy Spanish duplex located in the vibrant Rose Corridor

Nestled between Venice and Santa Monica. With the perfect blend of classic elegance, timeless style and modern upgrades, this two-unit property w/ a vacant unit offers infinite opportunities - live in the bottom unit with the upstairs as a rental for passive income, rent the entire property for your investment portfolio or utilize the property as your future compound. The reimag ined downstairs space features a vast 2-bdroom, 2-bathroom residence adorned with hardwood floors, arched doorways and a pleasing original fireplace, creating a warm and inviting atmosphere. A separate bonus space with a private entrance completes this unit, perfect for guest quarters or a home office!

Move onto the upstairs unit boasting a completely remodeled 3-bedroom, 2-bathroom unit (currently occupied by tenant) with an open floor plan and a private balcony, offering a serene retreat with city and tree-top views. Additional amenities include a detached garage, gated parking, an astounding deck ideal for outdoor dining and relaxation and a cozy courtyard designed for gatherings and entertainment. Expand later and add an ADU, making it a true gem in Venice. Live the SoCal dream minutes to the beach and in the heart of some of Los Angeles' best restaurants, coffee shops, boutiques and more. Walking distance to Whole Foods, parks and more. Everything you could want or need is here.


Presented by Tami Pardee at
Pardee Properties.
Listing Agent Photo

Property MLS #24-395243 from TheMLSCLAW

Bedrooms: 5

Total Bathrooms: 4
Full Bathrooms: 4
Bathroom 1 Features: Shower Over Tub, Shower Stall

Oven
Laundry Facilities: Outside, Room, Community
Laundry Features: Outside, Room, Community

Bonus Room, Living Room, Dining Area

Cooling Features: Ceiling Fan, Wall/Window, Wall Unit(s)
Fireplace Features: Decorative, Living Room
Heating Features: Wall

Flooring: Hardwood, Tile, Vinyl Tile

Water Features: In Street

Carport Spaces: 2
Covered Spaces: 1
Garage Spaces: 1
Garage Description: Garage - 1 Car, Carport, Uncovered
Parking Total: 3
Covered Parking: Yes

Patio And Porch Features: Balcony, Deck(s), Patio Open, Porch - Front
Patio Features: Balcony, Deck(s), Patio Open, Porch - Front

Lot Description: Sidewalks
Lot Size Acres: 0.0950643
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4141

View: City, Tree Top, Ocean
Other Equipment: Washer, Dryer, Ceiling Fan, Range/Oven, Refrigerator
Security Features: Smoke Detector, Carbon Monoxide Detector(s)

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2, 1 SquareFeet: 7000, 2 BedsTotal: 3, 2 BathsTotal: 2, 2 SquareFeet: 7000

School District: Los Angeles Unified

Westminster Avenue Elementary School is a public elementary school located approximately 0.6 miles away.
directions icon Map directions

Mark Twain Middle School and World Languages Magnet is a public middle school located approximately 1.6 miles away.
directions icon Map directions

Venice Senior High School is a public high school located approximately 1.8 miles away.
directions icon Map directions

Acton Academy Venice Beach is a private elementary, middle and high school located approximately 0.5 miles away.
directions icon Map directions

Ecole Claire Fontaine is a private elementary school located approximately 0.5 miles away.
directions icon Map directions

Tenant Pays: Gas, Electric, Trash

Balcony
Source Listing Status: Active
County: Los Angeles
Directions: North of Rose, West of Lincoln, East of Main St., South of Marine
Source Property Type: Residential Income
Area: Venice
Source Neighborhood: Venice
Owner Pays: Water, Gardener
Parcel Number: 4240-007-024
Postal Code Plus 4: 2640
Property Location: Alley Access
Zoning: LARD2
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$887,500 + $1,400,000
$2,287,500		$27,054
2021$328,367 + $1,818,648
$2,147,015		$25,601
2020$313,847 + $1,345,071
$1,658,918		$20,275
2019$307,694 + $1,318,698
$1,626,392		$19,464
2018$301,661 + $1,292,842
$1,594,503		$19,347
2017$295,747 + $1,267,493
$1,563,240		$18,926
2016$289,949 + $1,242,641
$1,532,590		$18,501
2015$285,594 + $1,223,976
$1,509,570		$18,229
2014$280,000 + $1,200,000
$1,480,000		$18,289
2013$157,887 + $29,839
$187,726		$2,545
2012$154,792 + $29,254
$184,046		$2,579
2010$151,757 + $28,681
$180,438		$2,545
2009$150,981 + $28,535
$179,516		$2,448
2009$150,623 + $28,467
$179,090		$2,448
2008$148,021 + $27,976
$175,997		$2,268
2007$145,119 + $27,428
$172,547		$2,266

Listed 2024-05-30
$2,650,000
TheMLSCLAW
Listing removed 2024-05-16
$0
TheMLSCLAW
Listed 2024-04-04
$2,650,000
TheMLSCLAW
Listing removed 2024-03-18
$0
TheMLSCLAW
Listed 2024-01-09
$2,650,000
TheMLSCLAW
Listing removed 2023-11-17
$0
TheMLSCLAW
Relisted 2023-11-15
$2,495,000
TheMLSCLAW
Listing removed 2023-10-09
$0
TheMLSCLAW
Listed 2023-06-01
$2,495,000
TheMLSCLAW
Listing removed 2023-05-26
$0
TheMLSCLAW
Listed 2023-05-02
$2,795,000
TheMLSCLAW
Sold 2021-12-28
$2,287,500
TheMLSCLAW
Sold 2020-03-12
$2,125,000
TheMLSCLAW
Listing removed 2019-08-13
$0
TheMLSCLAW
Price Changed 2019-06-08
$2,295,000
TheMLSCLAW
Relisted 2019-04-13
$2,395,000
TheMLSCLAW
Listing removed 2019-04-12
$0
TheMLSCLAW
Listed 2019-04-08
$2,395,000
TheMLSCLAW
Listing removed 2019-02-25
$0
TheMLSCLAW
Listing removed 2019-02-25
$0
TheMLSCLAW
Listing removed 2019-02-24
$2,399,999
TheMLSCLAW
Listing removed 2019-02-24
$2,399,999
TheMLSCLAW
Price Changed 2019-02-07
$2,399,999
TheMLSCLAW
Price Changed 2019-02-07
$2,399,999
TheMLSCLAW
Price Changed 2019-01-08
$2,450,000
TheMLSCLAW
Price Changed 2019-01-08
$2,450,000
TheMLSCLAW
Price Changed 2018-11-17
$2,495,000
TheMLSCLAW
Price Changed 2018-11-17
$2,495,000
TheMLSCLAW
Price Changed 2018-10-25
$2,595,000
TheMLSCLAW
Price Changed 2018-10-25
$2,595,000
TheMLSCLAW
Price Changed 2018-10-03
$2,695,000
TheMLSCLAW
Price Changed 2018-10-03
$2,695,000
TheMLSCLAW
Listed 2018-08-24
$2,995,000
TheMLSCLAW
Listed 2018-08-24
$2,995,000
TheMLSCLAW
Sold 2013-09-27
$1,480,000
TheMLSCLAW
Price Changed 2013-05-28
$1,500,000
TheMLSCLAW
Price Changed 2013-03-06
$1,575,000
TheMLSCLAW
Listed 2013-01-31
$1,595,000
TheMLSCLAW
Sold 1974-04-05
$30,000
Public Record

Net Operating Income: 32196

Total Square Feet Living: 2743
Year Built: 1929
Common Walls: Detached/No Common Walls
Entry Location: Ground Level w/steps
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 95
Levels or Stories: 2
Building Total Stories: 2
House Style: Spanish
Year Built Source: Vendor Enhanced
Architectural Style: Spanish

Sewer: In Street
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.