3 months on rocket

31 S Venice Blvd, Venice, CA, 90291

$2,850,000

4 Bedrooms
4 Baths
1,968 SqFt
$1,448/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingDoor-Multi, Garage
Garage3 spaces
Year Built1938
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewOcean
MLS #24350423
Lot Size0.06 Acres
StatusActive

About 31 S Venice Blvd

This triplex, with a rich history as an investment property, presents an incredible opportunity for real estate buyers and investors. Two of the three units will be delivered VACANT! Situated just steps away from the breathtaking shoreline, this vintage gem offers unrivaled views of the Pacific Ocean and Venice Beach from its impressive roof deck. One of the standout features of this lot is its highly valuable LAR3 zoning and three separate addresses (31, 33, & 33.5 ), opening up a world of possibilities for potential buyers. Whether you envision developing luxurious condos, utilizing it as an owner/user property, or simply maintaining it as an income-producing investment, the choice is yours. Its well-designed layout consists of two charming 1BR/1BA units, both located on the ground floor, and a spacious 2BR/2BA unit with exclusive access to the 360-degree view roof deck (refer to floor plan pics for a closer look at the layouts of all three units). All residents can enjoy the shared open-air patio located behind the building. Each unit also comes with a dedicated one-car garage, and the three-bay garage conveniently opens to the alley behind the building, ensuring easy access and parking. The property boasts several noteworthy amenities, including stainless-steel appliances, newer water heaters, a shared laundry room, and secure code key gates. You'll also appreciate the proximity to the area's finest attractions, including world-class shopping and renowned restaurants along the iconic Abbot Kinney Boulevard. Immerse yourself in the vibrant Venice Beach community and embrace the California dream life.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1938
  • Stories: 2
  • Living Area: 1,968 SqFt

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Richard Schulman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Washer
  • Flooring Type: Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Ocean

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Venice Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Mark Twain Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Westminster Avenue Elementary School, Public Magnet Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: East of Speedway, West of Pacific Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,850,000
  • Price Per SqFt: $1,448/SqFt

Tax Information:

  • Annual Amount: $16,824
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

31 S Venice Blvd vs Los Angeles

103 DAYS ON ROCKET

+69 Days

$2,850,000

+$1.8M More

$1,448/SqFt

+$816 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $816/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24350423

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Richard Schulman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 2:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 29, 2004Home Sold
$1,080,000
Aug 15, 2003Home Sold
$860,000
Mar 10, 1999Home Sold
$440,000
Nov 06, 1992Home Sold
$296,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,824$1,409,458
2020$16,317$1,395,007
2019$16,268$1,367,655
2018$15,915$1,340,839
2017$15,915$1,314,549

History based on county public records data.

Payment Calculator

$14.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,611

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6944996
5
/10
  • Westminster Avenue Elementary School

  • 1010 Abbot Kinney Blvd

  • 0.51 miles

  • Public Magnet Grades KG-5

school-card-donut-6944997
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.93 miles

  • Public Magnet Grades KG-6

school-card-donut-6944998
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 17.05 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6944999
6
/10
  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 1.81 miles

  • Public Magnet Grades 6-8

school-card-donut-6945000
4
/10
  • Studio

  • 2211 W Avenue 30

  • 15.73 miles

  • Public District Grades 6-8

High School

school-card-donut-6945001
6
/10
  • Venice Senior High School

  • 13000 Venice Blvd

  • 1.64 miles

  • Public Magnet Grades 9-12

school-card-donut-6945002
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.41 miles

  • Public Magnet Grades 9-12

school-card-donut-6945003
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 15.23 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,392. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 31 S Venice Blvd

What is the listing price of this property?

The listing price of 31 S Venice Blvd property is $2,850,000.

What type of property is this?

The property 31 S Venice Blvd is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 31 S Venice Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 31 S Venice Blvd are:
Westminster Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Mark Twain Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Venice Senior High School: GreatSchools Rating 6/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $16,824 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 29, 2004 for $1,080,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 31 S Venice Blvd has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 31 S Venice Blvd is 1,968 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 31 S Venice Blvd is 1938.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles9029131 S Venice Blvd

This home is located at 31 S Venice Blvd in Venice, CA and zip code 90291 in the Venice neighborhood. This 1,968 square foot home, which was built in 1938, sits on a 0.06 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 23, 2024 and is currently priced at $2,850,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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