tomo logo

$895,000

Beds
1
Baths
1.0
sq ft
900

10 27th Ave, Venice, CA 90291

10 27th Ave

Venice, CA 90291

  • 35 days on market
New Co-Ownership Opportunity: Experience the ultimate in coastal living with this rare Tenant-in-Common (TIC) opportunity at 10 27th Ave, Venice Beach, CA 90291! This fully remodeled and renovated building (2019) features updated electrical, plumbing, and fire-rated stucco, making it both modern and worry-free. With direct beach access and steps from the iconic Venice Beach Walk, this property offers unparalleled convenience and value for beach lovers. Why This is an Incredible Value: Prime Location: A rare chance to own so close to the beach at such an affordable price, perfect for daily walks by the ocean or running your dog along the sand. Parking Perks: Avoid the hassle and expense of finding beach parking! Each unit includes 1-2 parking spaces, and if you don't need a space, rent it out for $350-$400/month, creating an additional income stream. Modern Updates: The property was extensively updated in 2019, offering modern comforts while maintaining its charm. Affordable Luxury: Units are priced between $895,000 and $950,000 an incredible deal for a fully renovated property in such a prime location. Key Features: No HOA fees: Owners set their own rules. Flexible financing with fractional loans available. Lease-to-buy options for added flexibility. Don't miss this opportunity to live the Venice Beach lifestyle in a property that's truly one of a kind. Contact us today for more details or to schedule a private tour!

Details

Property type

Est. home value

$3,151,446

Property condition

Updated/Remodeled

Lot size

2,644 sq ft

Price per sq ft

$995

Year built

2018

HOA

No

Price History

01/15/2025
CLAW

CLAW #25483397

Listed
$895,000
-74.26%
09/27/2024
CLAW

CLAW #24422757

Removed
$3,477,000
09/27/2024
CLAW

CLAW #24422757

Price change
$3,477,000
+16.09%

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Habib American Bank

Loan start date

May 2022

Original loan amount

$2,032,000

Est. remaining balance

Not provided

Interest rate

4.67%

Loan type

Commercial

Seller

All Business Solutions Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 7:20 PM

Listing updated: 01/23/2025 at 5:30 AM

Listed by: Rebeka Shadpour, Wealth Road Realty

MLS: CLAW #25483397

CLAW logo

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