$2,400,000 Price Analysis   ♡   Venice, CA 90291 6 bed 2 bath 2,252 SqFt ($1065/SqFt) 0.25 acre lot. Built 1947 Listed 2023-10-19, Taxes $7,652 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This is a fabulous opportunity to build your custom home in prime east Venice where the lots average over 10
* Has Contingent Offer *000 square feet. Newer built homes in this popular neighborhood consistently sell over $5M with a high sale in $7.5M in April 2023. The property is located between Glyndon and Walgrove Ave. The property is currently Two Houses on the lot with tenants generating $6, 621per month. The sellers have initiated the Ellis Act in order to relocate the tenants. However, the tenants may be amendable to an early voluntary buyout.
It will NOT be delvered v acant. The lot measures 174 x 63 and it is zoned LAR1. There is alley access in the rear. Property is subject to L.A. RSO. There are no existing plans or entitlements currently on this property. This property could also be good for a rehab and turning the detached 2 car garage into an ADU. Call agent for more information. Please do not walk on property. Main photo is an AI rendering and not representative of what can be built on the lot.
Presented by DERRICK RUIZ at
eXp Realty of California Inc.
Property MLS #23-323325 from TheMLSCLAW
Full Bathrooms: 2
Garage Spaces: 2
Lot Size Acres: 0.249977
Lot Size Dimensions: 63x174
Lot Size Source: Assessor
Lot Size Square Feet: 10889
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1, 1 SquareFeet: 3750, 2 BedsTotal: 3, 2 BathsTotal: 1, 2 SquareFeet: 3750
County: Los Angeles
Directions: Located midway between Walgrove and Glyndon Ave
Source Property Type: Residential Income
Area: Venice
Source Neighborhood: Venice
Owner Pays: Water
Parcel Number: 4242-014-025
Postal Code Plus 4: 2908
Property Location: Alley Access
Zoning: LAR1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $247,556 + $369,569 $617,125 | $7,652 |
| 2021 | $242,702 + $362,323 $605,025 | $7,549 |
| 2020 | $240,214 + $358,608 $598,822 | $7,623 |
| 2019 | $235,504 + $351,577 $587,081 | $7,330 |
| 2018 | $230,887 + $344,684 $575,571 | $7,213 |
| 2017 | $226,360 + $337,926 $564,286 | $7,062 |
| 2016 | $221,922 + $331,300 $553,222 | $6,889 |
| 2015 | $218,589 + $326,324 $544,913 | $6,791 |
| 2014 | $214,308 + $319,932 $534,240 | $6,827 |
| 2013 | $213,340 + $318,487 $531,827 | $6,821 |
| 2012 | $209,157 + $312,243 $521,400 | $6,962 |
| 2010 | $205,056 + $306,121 $511,177 | $6,774 |
| 2009 | $204,008 + $304,556 $508,564 | $6,526 |
| 2009 | $203,524 + $303,834 $507,358 | $6,526 |
| 2008 | $200,008 + $298,585 $498,593 | $6,251 |
| 2007 | $196,087 + $292,731 $488,818 | $6,046 |
$2,400,000
TheMLSCLAW
Listing removed 2008-09-30
$1,395,000
ITECH
Listing removed 2007-12-07
$1,475,000
ITECH
Listed 2007-06-06
$1,395,000
ITECH
Listed 2007-06-06
$1,475,000
ITECH
Sold 1989-10-19
$155,000
Public Record
Sold 1978-08-10
$130,500
Public Record
Year Built: 1947
Direction Faces: North
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 77
Year Built Source: Vendor Enhanced
Map directions Map directions Map directions Map directions
 |  |  |  |  |
 |  | |||
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.