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$995,000

Beds
2
Baths
2.0
sq ft
1,188

255 Main St Unit 106, Venice, CA 90291

255 Main St Unit 106

Venice, CA 90291

  • 10 days on market
    • Open house Nov 23
The holidays come early with the best deal in Venice! Discover Mediterranean-inspired, ocean view living two blocks from iconic Venice Beach in this 2 bed 2 bath 1188 sq ft gem for under $1M! This light-filled, first floor residence boasts an open floor plan with oak hardwood floors, soaring ceilings and expansive windows that welcome abundant natural light and refreshing ocean breezes. The European-inspired gourmet kitchen includes all new LG smart appliances & custom cabinetry complete with granite countertops, ideal for entertaining. And entertaining comes easy in the step-down living room with fireplace, vaulted ceilings and large patio overlooking the garden courtyard with ocean view, offering the best of coastal living. Whether lounging or enjoying a tasty meal and drinks, the patio is the perfect place to enjoy the evening sunset & indoor/outdoor lifestyle.The primary suite bedroom feels spacious and luxurious with a room for a Cali-King bed and private patio. The spa-like en-suite bathroom has 2 vanities and frameless glass walk-in rain shower. This primary suite would not be complete without the large walk-in closet. The second bedroom is cozy and can perfectly double as a work-from-home office. The second bathroom offers a large soaking tub and shower to complete this spa-like home, along with in-unit laundry & dryer. Communal amenities include a sundeck, pool and jacuzzi. Also included is 24hr guarded & gated underground parking garage, 2 side-by-side designated parking spots with personal storage and 20 additional parking vouchers for guests per month. The elevator is conveniently located directly in front of this unit's parking spots, making grocery shopping a breeze! Just outside the ground floor elevator entrance, you will find endless choices for food, drinks, coffee shops, retail shopping, nightlife, and delightful weekend farmers market, all just a block from the beach and Pacific Ocean! Rose Avenue and Abbot Kinney Blvd are also close by. A perfect living location for young tech entrepreneurs working in Silicone Beach tech companies, like Google, Pledge, Snap, Pinwheel, Zefr, Crexi & more! Also a great investment property, current rent is just under $5k per month. Located in the Iconic Venice Renaissance building, designed by Johannes Van Tilburg & Partners, nationally recognized pioneer in mixed-use design, the building was completed in 1989. Offering residents a prime location at the intersection of Venice's vibrant beach culture and Santa Monica's upscale ambiance. This 66 unit complex embodies the laid-back artistic spirit of Venice. This is an incredible opportunity and at $995,000 it's priced to move fast! Broker and broker's agents do not represent or guarantee the accuracy of the square footage, lot size or lot lines/ dimensions, school boundary lines or eligibility, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy. No studies or reports are currently available.

Details

Property type

Est. home value

$1,204,870

Property condition

Updated/Remodeled

Lot size

1.685 acres

Price per sq ft

$838

Year built

1989

Monthly HOA fee

$823.25

Price History

11/11/2024
CLAW

CLAW #24461785

Listed
$995,000

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

High school district: 

Los Angeles Unified

Negotiation Insights

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

Seller could get up to

$451,567
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$463,833
Cash to seller
$451,567

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Priority Financial Network

Loan start date

July 2020

Original loan amount

$510,400

Est. remaining balance

$463,833

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

Andrew M Brody and Michelle A Merson

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: 11/21/2024 at 4:45 PM

Listing updated: 11/19/2024 at 5:20 AM

Listed by: Karma Auger, Sotheby's International Realty Phone #: (310) 456-6431

MLS: CLAW #24461785

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