tomo logo

$2,995,000

Beds
4
Baths
3.0
sq ft
2,400

837 Venice Blvd, Venice, CA 90291

837 Venice Blvd

Venice, CA 90291

  • 9 days on market
Welcome to 837 Venice Blvd! This gated collection of three distinct living structures offers a variety of potential uses - a triplex investment property, single family compound, or development opportunity. Each detached unit in this micro-community has its own unique vibe. The 2 Bed 1 Bath main house includes a large kitchen and an open dining and living room; which connect directly to a huge patio with plenty of space for relaxing, grilling or entertaining. A two-story 1 Bed 1 Bath unit features a full kitchen and balcony off the second floor. The third unit is a charming 1 Bed 1 Bath studio encased in rustic wood paneling. Zoned R3 - the large lot offers a variety of multifamily development possibilities. Currently fully leased, this centrally located property is walking distance from vibrant Venice Beach and the trendy shops and restaurants of Abbot Kinney.

Details

Property type

Single Family Residence

Est. home value

$2,259,175

Lot size

6,030 sq ft

Price per sq ft

$1,248

Year built

1920

HOA

No

Price History

06/21/2024
CLAW

CLAW #24404215

Listed
$2,995,000
-14.4%
01/26/2024
CLAW

CLAW #24346167

Removed
$3,499,000
01/18/2024
CLAW

CLAW #24346167

Listed
$3,499,000

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

Maxim Commercial Capital Llc

Loan start date

July 2023

Original loan amount

$280,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Commercial

Seller

Jeffrey C Rohrer and Jeffrey C Rohrer Revocable Trust

Lender

5Th Street Capital Inc

Loan start date

June 2019

Original loan amount

$1,235,000

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

Adjustable Rate Mortgage, 40 year

Seller

Jeffrey C Rohrer and The Jeffrey C Rohrer Revocable Trust

Lender

Washington Mutual Bank Fa

Loan start date

June 2001

Original loan amount

$487,500

Est. remaining balance

Not provided

Interest rate

7%

Loan type

Not Provided, 30 year

Seller

Don Charles Rohrer and Beverly Jean Rohrer

Lender

Washington Mutual Bank Fa

Loan start date

September 1999

Original loan amount

$399,200

Est. remaining balance

Not provided

Interest rate

3.85%

Loan type

Not Provided, 30 year

Seller

Don Charles Rohrer and Beverly Jean Rohrer

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 11:05 AM

Listing updated: 06/29/2024 at 5:13 AM

Listed by: Mark Schonfeld, Christie's AKG Phone #: (424) 249-7162

MLS: CLAW #24404215

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