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$2,217,000
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Property Description
Welcome to this timeless and dreamy Spanish duplex located in the vibrant Rose Corridor, nestled between Venice and Santa Monica (seller open to partial seller financing at 6% for 2 years!). 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.
Full Property Details
Full Property Details for 205 5th Ave
General
- Sold For: $2,217,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 24-465725
- Added to Site: 55 day(s) ago
Interior
- Rooms/Areas: Bonus Room, Living Room, Dining Area
- Cooking Appliances: Oven
- Flooring: Hardwood, Tile, Vinyl Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Bathroom Features: Shower Over Tub, Shower Stall
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Outside, Room, Community
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Smoke Detector, Carbon Monoxide Detector(s)
- Other Features: None
Exterior
- Deck/Patio: Balcony, Deck(s), Open Patio, Porch - Front
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Garage Description: Garage - 1 Car, Carport, Uncovered
Location
- Area: Venice
- County: Los Angeles
- Driving Directions: North of Rose, West of Lincoln, East of Main St., South of Marine
School Information
- School District: Los Angeles Unified
Heating & Cooling
- Cooling Type: Ceiling Fan, Wall/Window, Wall Unit(s)
- Heating Type: Wall
Utilities
- Sewer: In Street
- Water: In Street
Structural Information
- # Buildings: 1
- Architectural Style: Spanish
- Common Walls: Detached/No Common Walls
- Entry Location: Ground Level w/steps
- Stories/Levels: 2
- Square Feet: 2,743
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1929
- Year Built Source: Vendor Enhanced
- Other Struct. Feat.: Balcony
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Property View: City, Tree Top, Ocean
- Lot Size (Acres): 0.0951
- Lot Size: 4141
- Lot Size Source: Vendor Enhanced
- Lot Features: Alley Access
- Zoning: LARD2
- Lot Description: Sidewalks
Financial Considerations
- Price Per Sq. Ft.: $820.27
- Assessment Year: 1929
- Owner Pays: Water, Gardener
- Tenant Pays: Gas, Electricity, Trash Collection
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 4240-007-024
Listed by Pardee Properties, Tamra (Tami) Pardee and Keller Williams Beverly Hills, Golnaz Rassekh
Sold by Pardee Properties, Robert Mitchell
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Schools
Schools serving 205 5th Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1010 Abbot Kinney Blvd, Venice, CA 90291 | K-5 | 0.6 mi | |
2224 Walgrove Ave, Los Angeles, CA 90066 | 6-8 | 1.6 mi | |
13000 Venice Blvd, Los Angeles, CA 90066 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 205 5th Ave
Date
Details
Price
Change
Source
1/13/2025
Sold
$2,217,000
-1.47%
MLS
12/04/2024
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
205 5th Ave, Venice, CA 90291 (MLS# 24-465725) is a Multi-Family property that was sold at $2,217,000 on January 13, 2025. Want to learn more about 205 5th Ave? Do you have questions about finding other Multi-Family real estate for sale in Venice? You can browse all Venice real estate or contact a Coldwell Banker agent to request more information.