1 month on rocket

3121/2 Market St, Venice, CA, 90291

$1,925,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
1,960 SqFt
$982/SqFt
House
Schools Nearby

Location

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3121/2 Market St, Los Angeles$1,925,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
Year Built1938
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
MLS #24370049
Lot Size0.07 Acres
StatusActive

About 3121/2 Market St

Price Reduction! Exciting opportunity to own a charming Venice Beach duplex with one unit delivered vacant! The renovated vacant unit offers a spacious 2 bedrooms 2 bathrooms layout, while the other unit features 2 bedrooms with 1 bathroom. The downstairs unit has been fully renovated with permits featuring a custom kitchen with modern cabinets, designer tiles, sleek matte black fixtures, new flooring, new windows, new recessed lighting, two full bathrooms with floating vanities, new mini-split HVAC air conditioning and heating system, in-unit laundry, and stainless steel appliances. The vacant unit comes with a private outdoor yard in the front and back as an ideal place to unwind at the end of the day with friends and family. The property features a full two car garage and storage area which can be used as an office, home gym, media room, game room, den/hangout area, or creative haven! Perfect for the discerning buyer looking for a great investment, or someone wanting to live in one unit, and collect passive income from the other. Just moments from Abbot Kinney and one of California's most beautiful beaches, this duplex offers the best of everything in vibrant and historical Venice, CA. The possibilities are endless, and the seller has preliminary plans to add 2 detached ADUs in the back of the property for added value and upside potential! Spend your days at the beach, shopping and dining on Abbot Kinney, and enjoy living the dream in the endless California summer.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1938
  • Stories: 2
  • Living Area: 1,960 SqFt

Listing Office:

  • Office Name: Pardee Properties
  • Office Phone: (310) 907-6517
  • Listing Agent: Meredith Gruszka

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

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: West of Abbot Kinney on Market St. between Cabrillo Ave. and Riviera Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,925,000
  • Price Per SqFt: $982/SqFt
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

3121/2 Market St vs Los Angeles

44 DAYS ON ROCKET

+10 Days

$1,925,000

+$938.5K More

$982/SqFt

+$350 More

KEY TAKEAWAY

This property is $938.5K more than the Median Sold Price and $350/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: #24370049

Listing Office:

  • Office Name: Pardee Properties
  • Office Phone: (310) 907-6517
  • Listing Agent: Meredith Gruszka

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: 5/2/2024, 6:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,675

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,838

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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-4581270
5
/10

  • Westminster Avenue Elementary School

  • 1010 Abbot Kinney Blvd

  • 0.27 miles

  • Public Magnet Grades KG-5

school-card-donut-4581271
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.91 miles

  • Public Magnet Grades KG-6

school-card-donut-4581272
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.75 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-4581273
6
/10

  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 1.83 miles

  • Public Magnet Grades 6-8

school-card-donut-4581274
4
/10

  • Studio

  • 2211 W Avenue 30

  • 15.78 miles

  • Public District Grades 6-8

High School

school-card-donut-4581275
6
/10

  • Venice Senior High School

  • 13000 Venice Blvd

  • 1.71 miles

  • Public Magnet Grades 9-12

school-card-donut-4581276
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.16 miles

  • Public Magnet Grades 9-12

school-card-donut-4581277
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 15.36 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,695. Most Los Angeles, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3121/2 Market St

What is the listing price of this property?

The listing price of 3121/2 Market St property is $1,925,000.

What type of property is this?

The property 3121/2 Market St is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 3121/2 Market St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3121/2 Market St 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

How many bedrooms and bathrooms does this property have?

The property at 3121/2 Market St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 3121/2 Market St is 1,960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3121/2 Market St is 1938.

Rocket Homes›California›Los Angeles County›Los Angeles›90291›3121/2 Market St

This home is located at 3121/2 Market St in Venice, CA and zip code 90291 in the Venice neighborhood. This 1,960 square foot home, which was built in 1938, sits on a 0.07 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $1,925,000.

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. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

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

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