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517 Venice Way, Venice, CA, 90291

$1,595,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
1,071 SqFt
$1,489/SqFt
House
Schools Nearby

Location

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517 Venice Way, Los Angeles$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1952
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewNone
MLS #24368332
Lot Size0.05 Acres
StatusActive

About 517 Venice Way

Welcome to your cozy oasis nestled on a vibrant street in a prime west of Lincoln location within close proximity to both Abbot Kinney and the beach. This charming home offers the perfect blend of comfort, convenience, and beachside living making it ideal for those seeking a quintessential Venice experience. Beyond the front gate is a serene front yard protected by a row of lush trees and features drought tolerant landscaping finished with decomposed granite. As you step inside, you're greeted by a bright and inviting atmosphere with gleaming hardwood floors and that boasts a thoughtfully designed layout where the living room, dining space, and kitchen flow seamlessly. Beyond the main living spaces is a bathroom, two bedrooms, and a large bonus room that could be used as a 3rd bedroom, studio, or creative work space. Step outside to discover a tranquil escape from the hustle and bustle of city and take advantage of a private patio area and yard where you can soak up the California sunshine, enjoy al fresco dining, or simply unwind with a good book. Additional features include stainless steel appliances, dual pane windows, Laundry closet with a utility sink, front loading washer & dryer, and gated parking for up to 2 cars. Recent upgrades include a new roof, new gutters, and sewer line. This property offers buyers both turn key living and development opportunities, must see to appreciate. **Advertised square footage of 1,071sf is taped by a 3rd party vendor and includes converted garage space (now advertised as bonus space). Public records has square footage as 779sf., buyer to independently verify. **

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1952
  • Stories: 1
  • Living Area: 1,071 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (323) 593-6999
  • Listing Agent: David Lukan

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: None

Virtual/3D Tour

  • 3D Tour: 517 Venice Way

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

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: Travel west on Venice Blvd. to traffic light intersection with Ocean Ave. going left (Venice library on corner) and Venice Way going off at an angle to the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000
  • Price Per SqFt: $1,489/SqFt

Tax Information:

  • Annual Amount: $12,503
  • Tax Year: 2021
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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

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

517 Venice Way vs Los Angeles

31 DAYS ON ROCKET

-3 Days

$1,595,000

+$619K More

$1,489/SqFt

+$861 More

KEY TAKEAWAY

This property is $619K more than the Median Sold Price and $861/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: #24368332

Listing Office:

  • Office Name: Compass
  • Office Phone: (323) 593-6999
  • Listing Agent: David Lukan

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: 4/29/2024, 9:22:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 11, 2020Home Sold
$1,050,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,503$1,050,000
2020$1,489$122,477
2019$1,444$120,076
2018$1,414$117,722
2017$1,414$115,415

History based on county public records data.

Payment Calculator

$8,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

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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-3021860
5
/10

  • Westminster Avenue Elementary School

  • 1010 Abbot Kinney Blvd

  • 0.42 miles

  • Public Magnet Grades KG-5

school-card-donut-3021861
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.62 miles

  • Public Magnet Grades KG-6

school-card-donut-3021862
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.99 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3021863
6
/10

  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 1.51 miles

  • Public Magnet Grades 6-8

school-card-donut-3021864
4
/10

  • Studio

  • 2211 W Avenue 30

  • 15.45 miles

  • Public District Grades 6-8

High School

school-card-donut-3021865
6
/10

  • Venice Senior High School

  • 13000 Venice Blvd

  • 1.36 miles

  • Public Magnet Grades 9-12

school-card-donut-3021866
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.21 miles

  • Public Magnet Grades 9-12

school-card-donut-3021867
8
/10

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

  • 456 S Mathews St

  • 14.99 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 $79,107. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 517 Venice Way

What is the listing price of this property?

The listing price of 517 Venice Way property is $1,595,000.

What type of property is this?

The property 517 Venice Way is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 517 Venice Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 517 Venice Way 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 $12,503 (source: MLS/based on county public records data).

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

The last sale was on September 11, 2020 for $1,050,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 517 Venice Way has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 517 Venice Way is 1,071 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 517 Venice Way is 1952.

Rocket Homes›California›Los Angeles County›Los Angeles›90291›517 Venice Way

This home is located at 517 Venice Way in Venice, CA and zip code 90291 in the Venice neighborhood. This 1,071 square foot home, which was built in 1952, sits on a 0.05 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $1,595,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $975,970, 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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