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$3,300,000

Beds
6
Baths
5.5
sq ft
2,920

37 Wavecrest Ave, Venice, CA 90291

37 Wavecrest Ave

Venice, CA 90291

  • 3 days on market
Located close to the ocean and offering all the charm you'd expect from its history and location, this rare 1908 Craftsman compound exudes a truly transcendent, magical air. Nestled a mere half block from the beach on a beautiful tree-lined street, it offers a meticulously restored 4 bed/3.5 bath main house, a 1 bed/1 bath guest house, and a studio apartment. This unique layout provides flexibility for home office, guest quarters, multi-generational living, or to rent out some (or all) of the units. As you enter through a gate into the landscaped front yard, featuring flowering hibiscus and lemon trees, you're welcomed by an inviting porch and grand foyer. The generous living room opens to a sunroom and deck overlooking the yard, perfect for enjoying California weather while dining al fresco. Original fixtures and finishes throughout the home include Douglas fir and red oak flooring, stained glass cabinetry, vintage lighting elements, wainscoting, and a white brick fireplace. The kitchen features SubZero and stainless appliances, updated plumbing and electrical systems, a newer roof, and restored vintage windows, doors, and fixtures. The detached guest unit boasts an updated kitchen and bath with wood floors, while the studio apartment includes a sleeping loft and modernized kitchen and bath. This spectacular property also offers a formal dining room, front deck, and yard with an ornamental pond and flagstone patio. A true gem from the early days of Venice, the home has been beautifully restored for the lover of classic and elegant coastal living, embodying the iconic Venice lifestyle just moments from Abbot Kinney. Don't miss this once-in-a-lifetime opportunity to own a piece of local history, offering both investment potential and the perfect coastal retreat.

Details

Property type

Single Family Residence

Est. home value

$2,764,638

Lot size

2,698 sq ft

Price per sq ft

$1,131

Year built

1908

HOA

No

Price History

06/28/2024
CLAW

CLAW #24409361

Listed
$3,300,000
+23.05%
08/06/2021
CLAW

CLAW #20631138

Sold
$2,681,900
+4.74%
11/04/2014
CLAW

CLAW #14795589

Sold
$2,560,450

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

Anchor Loans Inc

Loan start date

November 2023

Original loan amount

$1,800,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Building or Construction Loan

Seller

Second City Properties 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: 07/01/2024 at 9:30 AM

Listing updated: 06/28/2024 at 11:13 AM

Listed by: Jason Sturman, Sotheby's International Realty Phone #: (310) 724-7000

MLS: CLAW #24409361

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