tomo logo

$2,199,999

Beds
4
sq ft
1,616

1016 Oakwood Ave, Venice, CA 90291

1016 Oakwood Ave

Venice, CA 90291

  • 2 days on market
Introducing the epitome of California Bungalow living nestled in the highly sought-after Oakwood section of Venice Beach. Enjoy 2 separate homes on this spacious lot with each house having its own outdoor space and private entrances. This property serves as the perfect home for an owner / user or passive income source for an investor. Live in 1 house while renting out the other, live in both houses, or simply rent out both houses for ultimate passive income. This exceptional property showcases the perfect blend of functionality and character, offering two distinct houses, a total of 4 bedrooms, 2 bathrooms, and a spacious living space spanning 1,616 square feet. The front unit welcomes you with a well-designed layout featuring three beautifully appointed bedrooms and an elegantly styled bathroom. The ambiance exudes warmth and comfort, creating an inviting space for relaxation. The back unit offers a cozy retreat with one bedroom and one bathroom, providing a private oasis that can accommodate guests, serve as a home office, or generate rental income. Both units have undergone exquisite remodeling, boasting gorgeous kitchens and upgraded bathrooms. Additionally, each unit enjoys the luxury of its own private yard, enhancing the outdoor living experience. The property has been immaculately kept up with both side fences having been recently rebuilt. Conveniently located within a short distance to the beach, and just steps away from the trendy restaurants and shops of Abbot Kinney and Rose Ave, this delightful duplex offers the epitome of coastal living. Whole Foods and Barry's Gym are also within easy reach, adding to the convenience and lifestyle amenities. Immerse yourself in the vibrant Venice Beach community, where you'll have access to breathtaking coastlines, fashionable boutiques, renowned dining establishments, and a thriving cultural scene. Embrace the coastal lifestyle and indulge in the beauty and charm that Venice Beach has to offer. Don't miss out on this exceptional opportunity to own a slice of paradise in Venice Beach with this remarkable duplex. Make your dream of coastal living a reality today.

Details

Property type

Est. home value

$1,989,150

Lot size

3,844 sq ft

Price per sq ft

$1,362

Year built

1905

HOA

No

Price History

02/21/2025
CLAW

CLAW #25500197

Listed
$2,199,999
+14.29%
05/10/2019
CLAW

CLAW #19457026

Sold
$1,925,000
+41.54%
01/26/2017
CLAW

CLAW #16156574

Sold
$1,360,000

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

City National Bank

Loan start date

October 2021

Original loan amount

$1,390,000

Est. remaining balance

Not provided

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Arturo A Casillas and Robert G Ryan

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?

Status: Active

Tomo last checked: 02/23/2025 at 6:30 AM

Listing updated: 02/21/2025 at 6:00 PM

Listed by: Brandon Meneses, The Beverly Hills Estates Phone #: (310) 626-4248

MLS: CLAW #25500197

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