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$2,500,000   Price Analysis
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1325 Appleton Way
Venice, CA 90291
5 bed 2 bath 1,888 SqFt ($1324/SqFt)
0.25 acre lot. Built 1951
Listed 2023-12-01, Taxes $1,625
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Amazing opportunity to develop in a prime

* Has Contingent Offer *

Venice neighborhood! Rare, double, (street-to-street) lot with two separate houses, this property offers a myriad of possibilities to fix and save as a potential income property or as a home with the possibility of additional income. Situated in the highly desirable area of Durley Park with an extraordinary lot of 10, 902 sq ft lot (63 wide and 174 deep). The front house offers formal living and dining areas with 3 sizable bedrooms and a full hall bath. The back house includes a front living area, 2 good-sized bedrooms and a full, Jack and Jill bath.

Both houses have dedicated laundry facilities and associated detached garages, 2-car for the front house and 1-car for the back house with access off the alley. The nearly 11, 000 sq ft lot provides ample space for both houses to have plenty of distance for privacy or improvement of the yard. Located in the heart of Silicon Beach, within minutes of Culver City, Marina Del Rey and Santa Monica, the house is situated minutes from Abbot Kinney Blvd. and the beach, in close proximity to fantastic dining, shopping, entertainment and recreation. Easy distance from both Venice and Lincoln Boulevards as well as the major transportation corridors of th 405 and 10 freeways to facilitate getting where you need to go. Dont miss this opportunity to own property in one of the most iconic and desirable cities in LA!


Presented by Stephanie Vitacco at
Equity Union.
Listing Agent Photo

Property MLS #SR23195984 from CRMLS

Bedrooms: 5
Bedrooms On Main Level: 5

Total Bathrooms: 2
Full Bathrooms: 2
Bathrooms On Main Level: 2
Bathroom 1 Features: Bathtub, Shower in Tub, Hollywood Bathroom (Jack&Jill)

Built-in Features
Ceiling Fan(s)
Tile Counters
Wood Product Walls
Flooring: Carpet, Laminate, Wood

Kitchen, Laundry, Living Room

Laundry Features: Individual Room, Inside, Washer Hookup

Heating Features: Floor Furnace, Wall Furnace
Heating: Yes

Kitchen Features: Tile Counters

Lot Description: Back Yard, Front Yard, Lawn, Lot 10000-19999 Sqft, Rectangular Lot, Level, Yard
Lot Size Acres: 0.2503
Lot Size Source: Assessor
Lot Size Square Feet: 10905

Road Frontage Type: City Street
Road Surface Type: Paved

Garage Spaces: 3
Garage Description: Detached
Parking Features: Parking YN: Yes, Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door
Parking Total: 3

Elementary School: Walgrove
High School: Venice
Middle School: Mark Twain
School District: Los Angeles Unified

Walgrove Avenue Elementary School is a public elementary school located approximately 0.1 miles away.
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Mark Twain Middle School and World Languages Magnet is a public middle school located approximately 0.5 miles away.
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Venice Senior High School is a public high school located approximately 0.8 miles away.
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Acton Academy Venice Beach is a private elementary, middle and high school located approximately 0.7 miles away.
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Number of Units: 2

Calculated Total Monthly Association Fees: 0

Community Features: Curbs, Sidewalks, Street Lights

Source Listing Status: Active Under Contract
County: Los Angeles
Directions: N of Lincoln Blvd, between Penmar & Walgrove Avenues
Source Property Type: Residential
Area: C11 - Venice
Source Neighborhood: C11 - Venice
Parcel Number: 4244020007
Postal Code Plus 4: 2916
Zoning: LAR1
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$38,335 + $69,524
$107,859
$1,625
2021$37,584 + $68,161
$105,745
$1,593
2020$37,199 + $67,463
$104,662
$1,602
2019$36,470 + $66,141
$102,611
$1,553
2018$35,755 + $64,845
$100,600
$1,428
2017$35,054 + $63,574
$98,628
$1,402
2016$34,367 + $62,328
$96,695
$1,349
2015$33,851 + $61,392
$95,243
$1,332
2014$33,188 + $60,190
$93,378
$1,354
2013$33,039 + $59,918
$92,957
$1,347
2012$32,392 + $58,744
$91,136
$1,362
2010$31,757 + $57,593
$89,350
$1,350
2009$131,145 + $231,698
$362,843
$4,645
2009$31,520 + $57,163
$88,683
$4,645
2008$128,574 + $227,155
$355,729
$4,451
2007$126,053 + $222,701
$348,754
$4,304

Relisted 2024-04-29
$2,500,000
CRMLS
Listing removed 2024-04-27
$0
CRMLS
Listed 2023-12-01
$2,500,000
CRMLS

Total Square Feet Living: 1888
Year Built: 1951
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front door
Living Area Source: Assessor
Property Age: 73
Property Condition: Fixer
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Year Built Source: Assessor

Water Source: Public
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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.