tomo logo

$3,998,000

Beds
7
Baths
8.0
sq ft
6,126

717 California Ave, Venice, CA 90291

717 California Ave

Venice, CA 90291

  • 29 days on market
    • Price drop $500,000↓
A truly unique opportunity, 717 California Avenue presents an 8,207 square-foot double-lot in the heart of Venice, where you can bring to life a thoughtfully crafted, years-in-the-making plan for a brand new, contemporary architectural residence. Lots of this size rarely become available in this coveted locale. Set to be one of the largest homes west of Lincoln Avenue, this is an unparalleled chance to create something in an ideal location. This development opportunity comes with approved RTI-ready plans by renowned California designer Kim Gordon. Plans call for a 6,126-square-foot home, featuring 7 bedrooms, 9 baths, an attached garage with additional parking on-site, a 2,154-square-foot basement level, and an ADU on the main level of the home. Architectural plans showcase exceptional amenities, seamless indoor-outdoor living, open-plan interiors, expansive glass walls, multiple terraces, private pool and a corner primary suite with a walk-in dressing room. The lower level is set to feature a gym, spa, wine cellar, and theater. Owners enjoy absolute privacy paired with a central location, moments from Abbot Kinney Blvd, Venice Blvd, shopping, dining and the beach.

Details

Property type

Single Family Residence

Est. home value

$3,634,898

Lot size

8,209 sq ft

Price per sq ft

$653

Year built

2024

HOA

No

Price History

11/15/2024
CLAW

CLAW #24456383

Price change
$3,998,000
-11.12%
10/23/2024
CLAW

CLAW #24456383

Listed
$4,498,000
+55.1%
09/05/2018
CLAW

CLAW #18357978

Sold
$2,900,000

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

Union Planters Bank National Assn

Loan start date

February 2002

Original loan amount

$246,000

Est. remaining balance

$0

Interest rate

6.55%

Loan type

Not Provided, 15 year

Seller

Jay Griffith and The Jay Griffith Trust Of 1999

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: 11/21/2024 at 4:55 PM

Listing updated: 11/15/2024 at 2:50 PM

Listed by: Cody Carras, The Agency Phone #: (424) 230-3700

MLS: CLAW #24456383

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