31 South Venice Boulevard, Venice, California 90292, Venice, 90291 - 1 bed, 1 bath

31 South Venice Boulevard, Venice, California 90292 home-pic-0
ACTIVE$800,000
31 South Venice Boulevard, Venice, California 90292
1Bed
1Bath
499Sqft
2,641Lot
Year Built
1938
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$1,603
HOA
$150
Days on market
-
Sold On
-
MLS number
24429963
Home ConditionFair
Features
Patio
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $800.0K(5th), sqft - 499(5th), beds - 1(35th), baths - 1(30th).

Own a slice of Venice Beach paradise! Create wealth while living here full-time, weekends or own rental property. This charming 1 bed, 1 bath with an enclosed garage that leads to the enchanting back yard. West of Pacific Ave Only 3 units in the building. This is a Commons and not a condo. Updated in 2018. Stop throwing away rent money. Newer water heater, washer, and dryer. Your Endless Summer less than a block from the beach. Embrace the vibrant Venice lifestyle with easy access to trendy restaurants, lively bars, and eclectic shops. This quintessential Boho style unit is perfect for anyone looking a unique and rare home or investment opportunity. The sewer lateral line was redone 2023.

Price History

Date
Event
Price
10/29/04
Sold
$1,080,000
08/15/03
Sold
$860,000
03/10/99
Sold
$440,000
Condition Rating
Fair

The property was built in 1938 and updated in 2018. The kitchen and bathroom appear functional but not recently renovated. The updates in 2018 and newer appliances (water heater, washer, dryer) suggest some maintenance, but the overall style and features are not modern enough to be considered 'Good' condition. It requires minor updates to bring it to modern standards.
Pros & Cons

Pros

Prime Location: Located west of Pacific Ave, less than a block from Venice Beach, offering unparalleled access to the beach and vibrant Venice lifestyle.
Updated Features: The unit was updated in 2018 and includes a newer water heater, washer, and dryer, providing modern convenience.
Investment Potential: Presents a unique opportunity for full-time living, weekend getaways, or rental income generation in a desirable location.

Cons

Commons Ownership: The property is a 'Commons' and not a condo, which may affect financing options and ownership rights.
Small Living Space: The unit is 499 sqft, which may be considered small for some buyers.

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