537 West Westminster Avenue Venice, CA ^$ 2,900,000

537 West Westminster Avenue

^$ 2,900,000

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537 West Westminster Avenue

Venice, CA, 90291

^$ 2,900,000

Studio Baths0.0 Sq 2,389

Monthly Estimate*

^$ 20,257

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View a Virtual Tour

Studio

Multi-Family Home for sale in Venice, CA

for $2,900,000. This 2,389 square foot home was built in 1920 on a lot size of 0.24.

OCEAN PARK VILLA BUNGALOWS OF VENICE BEACH - This property includes 2 Duplexes and a 2 Bedroom Home. 5 Units - with a 10,408 sqft. Double Lot is ready to be reimagined with your vision. Each bungalow offers its own unique charm, that make them perfect for both short-term and long-term stays. Whether you're looking for a cozy romantic getaway or a spacious family retreat, these bungalows are sure to provide the perfect setting for your summer vacation stay. Venice Beach known around the globe as an artistic beachside community, steps a way from Abbot Kinney, among the hottest international retail stores, shopping, family friendly dining, and popular nightlife destinations. Nearby developments, and projects that are currently under construction makes Venice Beach the ultimate tranquil desired living. The metropolitan nearby Santa Monica Pier, 3rd street Prominade, brings young professionals from around the world to the stylish Venice Ocean Park Villas. 5 minute walks to beach , 2 blocks from Abbot Kinney world class shopping.

Multi-Family Pending

Price

^$ 2,900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Bungalow

Lot Size

0.24

Year Built

1920

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0023247011

Features

General

Sewer Sewer Paid

Heating Wall Furnace

Roof Shingle Composition

Zoning LARD1.5

Architectural Style Bungalow

Construction Materials Wood Siding

Year Built 1920

Tenant Pays Cable TV Gas Grounds Care

County Los Angeles

Net Operating Income 27000.0

New Construction No

Property Type C

HOA / Comm Assn No

Facing Direction North

Status Pending

City Venice

Buyer Agent Compensation 2.00

Entry Location Ground Level w/steps

View Y/N No

Senior Community Y/N No

MLS Area C11 - Venice

Lot Size Square Feet 10408.0

Street Name Westminster

Spa Features None

Additional Parcels Y/N No

Virtual Tour https://www.themls.com/properties/vt/CA/Venice/537--W-Westminster-Ave/Residential-Income/23-247011

Structure Type None

Standard Status Pending

Year Built Source Assessor

Buyer Agent Compensation Type %

Interior

Flooring Wood Carpet

Kitchen Appliances None Microwave Oven

Total Stories 1

Air Conditioning Y/N No

Heating Y/N Yes

Window Features Screens Blinds

Fireplace Y/N No

Street Suffix Avenue

Laundry Features None

Total Baths 0

Exterior

Parking Features Gated

Water Source None Public

Lot Size Area 10408.0

Foundation Details None Block

Spa No

Pool Y/N? No

Building Area Total 2389.0

Lot Size Acres 0.24

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

John Scott

Listing Agent

John L. Scott Real Estate

Broker

Affordability Calculator

$20,257

Per Month

Monthly Principal & Interest: $20,257
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Venice, CA

Average List Price ^$2,933,070

Percent of Sale Price 1%

About Venice, CA

29,124 Population

-6% Since 2002

^$89,009 Median Income

41.51 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/18/2024	$2,900,000	-17.14%	Price Down
10/4/2023	$3,500,000	-12.50%	Price Down
3/3/2023	$4,000,000		Listed Price

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537 West Westminster Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $2,900,000 with 2,389 sqft and a lot size of 0.24. 537 West Westminster Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 90291 which is in Venice, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/2/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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537 West Westminster Avenue

Multi-Family Home for sale in Venice, CA

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