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205 5th Avenue
Venice, CA 90291
Welcome to this timeless and dreamy Spanish duplex located in the vibrant Rose Corridor, nestled between Venice and Santa Monica. With the perfect blend of classic elegance, timeless style, and modern upgrades, this two-unit property w/ a vacant unit offers endless opportunities - live in the bottom unit with the upstairs as a rental for passive income, rent the entire property for your investment portfolio, or utilize the property as your future compound. The reimagined downstairs space features a spacious 2-bedroom, 2-bathroom residence adorned with hardwood floors, arched doorways, and a beautiful original fireplace, creating a warm and inviting atmosphere. A separate bonus space with a private entrance completes this unit, perfect for guest quarters or a home office! Move onto the upstairs unit boasting a completely remodeled 3-bedroom, 2-bathroom unit (currently occupied by tenant) with an open floor plan and a private balcony, offering a serene retreat with city and tree-top views. Additional amenities include a detached garage, gated parking, an amazing deck ideal for outdoor dining and relaxation, and a cozy courtyard designed for gatherings and entertainment. Expand later and add an ADU, making it a true gem in Venice. Live the SoCal dream minutes to the beach and in the heart of some of Los Angeles' best restaurants, coffee shops, and boutiques. Also, just a short stroll to Whole Foods, parks, and more. Seller is open to partial seller financing at 6% for 2 years.
PROPERTY INFORMATION
| MLS # | 24395243 | Lot Size | 4,141 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,495,000
Price Per SqFt: $ 910 |
DOM | 341 Days |
| Address | 205 5th Avenue | Type | Residential Income |
| City | Venice | Sq.Ft. | 2,743 Sq. Ft. |
| Postal Code | 90291 | Garage | 1 |
| County | Los Angeles | Year Built | 1929 |
| Bed / Bath | 5 / 0 | Parking | 3 |
| Built In | 1929 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Washer Included, Dryer Included, Outside, Individual Room, Community |
| Has Fireplace | Yes |
| Fireplace Information | Decorative, Living Room |
| Has Appliances | Yes |
| Kitchen Appliances | Refrigerator, Oven |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Room Information | Bonus Room, Living Room |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| Flooring Information | Wood, Tile |
| InteriorFeatures Information | Ceiling Fan(s) |
| EntryLocation | Ground Level w/steps |
| Has Spa | No |
| SpaDescription | None |
| SecuritySafety | Smoke Detector(s), Carbon Monoxide Detector(s) |
| Bathroom Information | Shower |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
| Has Patio | Yes |
| Patio | Deck, Patio Open, Front Porch |
WALKSCORE
Walk Score: 86 (Very Walkable)
Transit Score: 53 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,661
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/30/2024 | Listed | $2,650,000 |
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Listing provided courtesy of Paige Ogden, Pardee Properties. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
