814 Angelus Place, Venice, California 90291, Venice, 90291 - 2 bed, 2 bath
ACTIVE$2,195,000
814 Angelus Place, Venice, California 90291
2Beds
2Baths
Sqft
4,213Lot
Year Built
1948
Close
-
List price
$2.19M
Original List price
$2.5M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
25499111
Home ConditionGood
Features
Deck
Spa
View
About this home
We found 3 Cons,5 Pros. Rank: price - $2.19M(46th), sqft - 0(3th), beds - 2(29th), baths - 2(37th).
Rare opportunity in the desirable Presidents Row neighborhood of Venice! This charming home at 814 Angelus Place offers a fully entitled + RTI development opportunity. The site presents a unique chance to build a state-of-the-art, tri-level single-family home with plans for four bedrooms, five bathrooms, an office, gym, two-car garage, and a rooftop deck. Architectural design by Colby Mayes includes full specifications for lighting, plumbing, and window schedule. Qualified buyers will have access to the full due diligence package. Don't miss out on this rare chance to build your dream home in this coveted neighborhood.
Price History
Date
Event
Price
04/26/22
Sold
$1,870,000
07/17/18
Sold
$1,475,000
08/24/01
Sold
$440,000
Condition Rating
Good
The property, built in 1948, appears to have been renovated. The kitchen features modern appliances and an island. The bathroom showcases contemporary fixtures and finishes. While not brand new, the overall condition suggests a well-maintained and updated home, justifying a 'Good' rating.
Pros & Cons
Pros
Development Opportunity: The property offers a fully entitled and Ready-To-Issue (RTI) development opportunity, saving significant time and resources.
Desirable Location: Located in the coveted Presidents Row neighborhood of Venice, known for its prime location and desirability.
Architectural Plans Included: Features architectural design by Colby Mayes, including full specifications for lighting, plumbing, and window schedule, streamlining the building process.
Planned Modern Amenities: Plans include a state-of-the-art, tri-level single-family home with modern amenities such as an office, gym, two-car garage, and rooftop deck.
Generous Living Space: The proposed design includes four bedrooms and five bathrooms, offering ample space for comfortable living.
Cons
Construction Required: The property requires complete construction, involving significant time, investment, and potential unforeseen challenges.
Carrying Costs During Construction: The buyer will incur carrying costs (property taxes, insurance, etc.) during the construction phase, adding to the overall investment.
Reliance on Approved Plans: The value is heavily dependent on the approved plans; any desired modifications could face delays or be denied, impacting the project timeline and budget.