520 Andalusia Ave Venice, CA 90291

$2,535,000 Sold Price as of 01/20/2015
  • -- Beds
  • 8 Baths
  • 3,336 Sq.Ft.
Off Market
$2,535,000 Sold Price as of 01/20/2015 Refinance Your Mortgage

Map preview of 520 Andalusia Ave, Venice, CA 90291

Property Overview: 520 Andalusia Ave Venice, CA has -- bedrooms, 8 bathrooms, 3,336 living square feet and 5,099 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

520 Andalusia Ave is currently an off market home in the city of Venice. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Venice has a median list price of $2,480,000. The median price per/sqft for Venice is $1,228. With those numbers in mind, if you are looking to purchase a median priced home in Venice, CA and put 20% down you will need to save up $496,000 for the down payment and will need roughly $49,600 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Venice the commission could be as much as $94,700. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 520 Andalusia Ave

Last sold for $2,535,000 on January 20th, 2015
  • October, 2022

  • Oct 23, 2022

    Date

    Expired

    CRMLS: 22150777

    $3,500,000

    Price

  • Apr 27, 2022

    Date

    Active

    CRMLS: 22150777

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

    This beautifully maintained 8-unit compound is a rare find! Steps from Abbot Kinney with its famous dining and world-class shopping, you're also just a few blocks from famed Venice Beach. Nestled around a central courtyard, each of the eight units is flooded with natural light, well-appointed, and in the heart of Venice. All units are currently rented. Zoned LARD 1.5 this lushly landscaped compound would be ideal for investor, creative company or developer. Great potential to upgrade units as they become available and maximize rents.

  • January, 2019

  • Jan 16, 2019

    Date

    Expired

    CRMLS: 18380200

    $3,500,000

    Price

  • Nov 8, 2018

    Date

    Price Change

    CRMLS: 18380200

    $3,500,000

    Price

  • Sep 11, 2018

    Date

    Active

    CRMLS: 18380200

    $3,850,000

    Price

  • Listing provided courtesy of CRMLS

    ** Just Reduced** This is a fantastic opportunity to acquire this one of a kind 8 unit Venice compound! Situated on a very desirable corner double lot, seconds from Abbot Kinney Blvd, with all its boutique shopping and dining and minutes from the world famous Venice Beach. The units are extremely well maintained and are bright, airy and surround an enchanting courtyard area, with immaculate landscaping. The property consists of 6 studios and 2 one bedroom units. Six units will be delivered vacant, ready for maximum rental income.  With its spectacular location and size, this property offers endless potential, either as a great income property or residential development. This trophy property is a truly special find.

  • January, 2018

  • Jan 16, 2018

    Date

    Expired

    CRMLS: 17290368

    $3,875,000

    Price

  • Nov 17, 2017

    Date

    Active

    CRMLS: 17290368

    $3,875,000

    Price

  • Listing provided courtesy of CRMLS

    Just Reduced! This beautifully maintained 8 unit compound is a rare find! Steps from Abbot Kinney with its famous dining (Gjelina, SaltAir, The Butcher's Daughter) and world-class shopping, you're also just a few blocks from the world famous Venice Beach. Nestled around a central courtyard, each of the eight units are flooded with natural light, well appointed, and in the heart of Venice. Five of the eight units are currently vacant, and would command prime annual rents. Zoned LARD1.5, this lushly landscaped compound would be ideal for an owner/user, creative company or developer.

  • November, 2017

  • Nov 16, 2017

    Date

    Canceled

    CRMLS: 17247258

    $3,875,000

    Price

  • Oct 12, 2017

    Date

    Price Change

    CRMLS: 17247258

    $3,875,000

    Price

  • Aug 1, 2017

    Date

    Price Change

    CRMLS: 17247258

    $4,200,000

    Price

  • Jul 2, 2017

    Date

    Active

    CRMLS: 17247258

    $4,800,000

    Price

  • Listing provided courtesy of CRMLS

    Just reduced! This beautifully maintained 8 unit compound is a rare find! Steps from Abbot Kinney with its famous dining (Gjelina, SaltAir, The Butcher's Daughter) and world-class shopping, you're also just a few blocks from the world famous Venice Beach. Nestled around a central courtyard, each of the eight units are flooded with natural light, well appointed, and in the heart of Venice. Five of the eight units are currently vacant, and would command prime annual rents. Zoned LARD1.5, this lushly landscaped compound would be ideal for an owner/user, creative company or developer.

  • January, 2015

  • Jan 20, 2015

    Date

    Sold (Public Records)

    Public Records

    $2,535,000

    Price

  • August, 2002

  • Aug 1, 2002

    Date

    Sold (Public Records)

    Public Records

    $317,500

    Price

Show More

Tax History for 520 Andalusia Ave

Assessed Value (2020): $2,786,398
Year Land Value Improved Value Assessed Value
2020 $2,197,877 $588,521 $2,786,398

About 520 Andalusia Ave

Detailed summary of property

520 Andalusia Ave is categorized with a use code of Apartment House (5+ Units) in Venice, CA 90291 and last sold on January 20, 2015 for $2,535,000. This property has -- bedrooms, 8 bathrooms, roughly 3,336 living square feet, and sits on an approximately 5,099 square foot lot. Homes in Venice are selling for a median price of $1,894,000 and a median price per square foot of $1,377. Based on Ardent Real Estate Group's Venice Market Data, this home is sold 33.84% higher than the current median priced home. 520 Andalusia Ave was last sold on January 20, 2015 for $2,535,000. Local nearby listings include 3476 Rosewood Ave, 3624 Beethoven St and 4151 Redwood Ave #414. The average home in Venice, CA is selling in 119 days. There are currently 175 homes for sale in the Venice real estate market and 153 of them are single family homes while 15 of them are condos and 7 are townhomes. If you are the homeowner and looking to sell the home at 520 Andalusia Ave Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 520 Andalusia Ave

Public county record property details
Beds
--
Baths
8
Year built
1921
Sq. Ft.
3,336
Lot Size
5,099
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
4238-004-017

The source for these homes facts are from public records.

90291 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,495,000
Median List Price/Sq.Ft.
$1,228
Median Sold Price
$2,280,000
Median Sold Price/Sq.Ft.
$1,255
Total Inventory
173
Median Sale to List Price %
99.35%
Avg Days on Market
64
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (8.33%), Other (16.67%)

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Nearby Homes to 520 Andalusia Ave

Data from public records.

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3 Beds | 2 Baths | 1,344 Sq. Ft.
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2 Beds | 3 Baths | 2,279 Sq. Ft.
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