5 months on rocket

919 Electric Ave, Venice, CA, 90291

$5,500,000

0.14 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewCity Lights
MLS #23325649
Lot Size0.14 Acres
StatusActive

About 919 Electric Ave

Situated on Venice's most sought-after street, this property boasts high visibility and foot traffic, making it an excellent spot for commercial ventures. This property has ample space to create a unique and attractive restaurant or storefront and build units or office spaces. Considerable upside/development potential, with the ability to maximize this property's commercial zoning and surplus of land, you have a range of opportunities and expansion. Abbot Kinney is known for its trendy shops, award-winning restaurants, and vibrant nightlife, offering a top year-round destination for locals and tourists alike. This is the ideal property with high visibility, foot traffic, and commercial zoning. Take advantage of this incredible investment in one of the most coveted streets in Los Angeles! ****PLEASE CONTACT OFFICE FOR MARKETING PACKAGE. This property is adjacent to vacant land at 1011 Abbot Kinney Blvd and a 5,000 sq ft Mark Mac architectural, totaling 15,394 sq ft of continuous lots.

Property Details

Property Features

Listing Office:

  • Office Name: Pardee Properties
  • Office Phone: (310) 907-6517
  • Listing Agent: Tamra (Tami) Pardee

Exterior Features

Exterior Information:

  • View: City Lights

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

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: North of Venice, South of Main

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000

Tax Information:

  • Annual Amount: $30,373
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

919 Electric Ave vs Los Angeles

179 DAYS ON ROCKET

+145 Days

$5,500,000

+$4.5M More

KEY TAKEAWAY

This property is $4.5M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23325649

Listing Office:

  • Office Name: Pardee Properties
  • Office Phone: (310) 907-6517
  • Listing Agent: Tamra (Tami) Pardee

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: 4/28/2024, 11:25:20 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

Nov 09, 2009Home Sold
$2,160,000
May 21, 1996Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2021$30,373$2,575,844
2020$29,450$2,549,432
2019$29,407$2,499,444
2018$28,761$2,450,436
2017$28,761$2,402,389

History based on county public records data.

Payment Calculator

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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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-2730303
5
/10
  • Westminster Avenue Elementary School

  • 1010 Abbot Kinney Blvd

  • 0.08 miles

  • Public Magnet Grades KG-5

school-card-donut-2730304
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.63 miles

  • Public Magnet Grades KG-6

school-card-donut-2730305
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.51 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2730306
6
/10
  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 1.62 miles

  • Public Magnet Grades 6-8

school-card-donut-2730307
4
/10
  • Studio

  • 2211 W Avenue 30

  • 15.55 miles

  • Public District Grades 6-8

High School

school-card-donut-2730308
6
/10
  • Venice Senior High School

  • 13000 Venice Blvd

  • 1.55 miles

  • Public Magnet Grades 9-12

school-card-donut-2730309
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.82 miles

  • Public Magnet Grades 9-12

school-card-donut-2730310
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 $92,418. The majority of Los Angeles, CA residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 919 Electric Ave

What is the listing price of this property?

The listing price of 919 Electric Ave property is $5,500,000.

What type of property is this?

The property 919 Electric Ave is land located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 919 Electric Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 919 Electric Ave 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 $30,373 (source: MLS/based on county public records data).

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

The last sale was on November 9, 2009 for $2,160,000. (source: MLS/tax record).

How much acreage is this property?

The property 919 Electric Ave is 0.14 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90291919 Electric Ave

This home is located at 919 Electric Ave in Venice, CA and zip code 90291 in the Venice neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since November 01, 2023 and is currently priced at $5,500,000.

While more than 628 listings in Los Angeles, CA in March 2024 were sold above asking price, there were more than 196 listings sold at asking price, and more than 579 were sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.

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

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