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$1,895,000

Beds
4
sq ft
1,960

312 Market St, Venice, CA 90291

312 Market St

Venice, CA 90291

  • 7 days on market
Huge Price Reduction! Exciting opportunity to own a charming Venice Beach duplex with one unit delivered vacant! The renovated vacant unit offers a spacious 2 bedrooms 2 bathrooms layout, while the other unit features 2 bedrooms with 1 bathroom. The downstairs unit has been fully renovated with permits featuring a custom kitchen with modern cabinets, designer tiles, sleek matte black fixtures, new flooring, new windows, new recessed lighting, two full bathrooms with floating vanities, new mini-split HVAC air conditioning and heating system, in-unit laundry, and stainless steel appliances. The vacant unit comes with a private outdoor yard in the front and back as an ideal place to unwind at the end of the day with friends and family. The property features a full two car garage and storage area which can be used as an office, home gym, media room, game room, den/hangout area, or creative haven! Perfect for the discerning buyer looking for a great investment, or someone wanting to live in one unit, and collect passive income from the other. Just moments from Abbot Kinney and one of California's most beautiful beaches, this duplex offers the best of everything in vibrant and historical Venice, CA. The possibilities are endless, and the seller has preliminary plans to add 2 detached ADUs in the back of the property for added value and upside potential! Spend your days at the beach, shopping and dining on Abbot Kinney, and enjoy living the dream in the endless California summer.

Details

Property type

Est. home value

$1,831,786

Lot size

2,848 sq ft

Price per sq ft

$967

Year built

1938

HOA

No

Price History

06/24/2024
CLAW

CLAW #24390187

Removed
$1,895,000
06/24/2024
CLAW

CLAW #24407525

Listed
$1,895,000
05/28/2024
CLAW

CLAW #24390187

Price change
$1,895,000
-1.56%

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

Genesis Capital Llc

Loan start date

October 2023

Original loan amount

$1,594,100

Est. remaining balance

Not provided

Interest rate

7.23%

Loan type

Building or Construction Loan

Seller

Burbank Apartments 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?

Status: Active

Tomo last checked: 07/01/2024 at 11:25 AM

Listing updated: 06/28/2024 at 8:43 PM

Listed by: Meredith Gruszka, Pardee Properties Phone #: (310) 907-6517

MLS: CLAW #24407525

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