725 Indiana Ave Venice, CA 90291

$1,666,500 Sold Price as of 02/22/2018

2 Beds
1 Baths
1,204 Sq.Ft.

Off Market

$1,666,500 Sold Price as of 02/22/2018 Refinance Your Mortgage

Map preview of 725 Indiana Ave, Venice, CA 90291

Property Overview: 725 Indiana Ave Venice, CA has 2 bedrooms, 1 bathrooms, 1,204 living square feet and 4,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

725 Indiana 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 $2,450,000. The median price per/sqft for Venice is $1,225. 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 $490,000 for the down payment and will need roughly $49,000 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 725 Indiana Ave

Last sold for $1,666,500 on February 22nd, 2018

February, 2018
Feb 23, 2018

Date

Sold

CRMLS: 17258094

$1,666,500

Price
Aug 24, 2017

Date

Pending

CRMLS: 17258094

$1,888,800

Price
Aug 5, 2017

Date

Active

CRMLS: 17258094

$1,888,800

Price
Listing provided courtesy of CRMLS

Open & bright Venice duplex that will be delivered vacant. The front house features 2 bedrooms, 1 bath with ambient light flows into the open living space. 2 car parking in front and 1 car in the rear. Both units have electric gate for easy access. The rear unit is a 1 bedroom 1 bath with separate gated yard. This property lends itself to indoor/outdoor lifestyle. There is a front and rear yard & separate yard for the back unit. Space to work, relax and think outside. Close to Abbot Kinney shops, restaurants as well as the revitalized Lincoln Blvd shopping and dining experience, as well as Whole Foods, Rose Ave. shops and restaurants. Venice Beach and many other attractions all surround this property. The layout and space make the property feel like a compound. Major potential with this amazing duplex west of Lincoln. First showing August 8th. Don't miss out. The property is also available for lease fully furnished @8,800 per month Property was determined to be SFR by the city.

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February, 2018
Feb 22, 2018

Date

Sold (Public Records)

Public Records

$1,666,500

Price
July, 2017
Jul 29, 2017

Date

Canceled

CRMLS: 17231130

$8,800

Price
May 15, 2017

Date

Active

CRMLS: 17231130

$8,800

Price
Listing provided courtesy of CRMLS

Beautiful Gated Venice Oasis. The front house features 2 bedrooms, 1 bath and is rented furnished. Ambient light flows into open living spaces, hardwood floors, open bright kitchen. The property has several yards to accommodate the indoor/outdoor lifestyle. Lots of space to work, relax and think outside. Close to Abbot Kinney shops, restaurants as well as the revitalized Lincoln Blvd shopping and dining experience. Whole Foods, Rose Ave and other great areas all surround this property. If you are looking for a Venice compound you will love this property.The property is a legal duplex but is currently being offered as a house with a guest house or office The tenant will have full use of the rear studio apartment/office which has a kitchen, bath, and bed. The studio has a private yard that can be accessed from the front or the alley. Parking for both the front & rear can be accessed via the electric gates. The property feels like a compound with lots of privacy & ar

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June, 2011
Jun 24, 2011

Date

Sold (Public Records)

Public Records

$925,009

Price

Tax History for 725 Indiana Ave

Assessed Value (2020): $1,733,826

Year	Land Value	Improved Value	Assessed Value
2020	$1,664,640	$69,186	$1,733,826

About 725 Indiana Ave

Detailed summary of property

725 Indiana Ave is categorized with a use code of Duplex (2 Units, Any Combination) in Venice, CA 90291 and last sold on February 22, 2018 for $1,666,500. This property has 2 bedrooms, 1 bathrooms, roughly 1,204 living square feet, and sits on an approximately 4,800 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 12.01% lower than the current median priced home. 725 Indiana Ave was last sold on February 22, 2018 for $1,666,500. Local nearby listings include 3637 Rosewood Ave, 3624 Beethoven St and 3949 Redwood Ave. The average home in Venice, CA is selling in 118 days. There are currently 175 homes for sale in the Venice real estate market and 151 of them are single family homes while 17 of them are condos and 7 are townhomes. If you are the homeowner and looking to sell the home at 725 Indiana 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 725 Indiana Ave

Public county record property details

Beds: 2
Baths: 1
Year built: 1924
Sq. Ft.: 1,204
Lot Size: 4,800
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 24
APN: 4239-004-022

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

$1,894,000

Median Sold Price/Sq.Ft.

$1,377

Total Inventory

175

Median Sale to List Price %

99.68%

Avg Days on Market

Loan Type

Conventional (5%), FHA (0%), VA (0%), Cash (5%), Other (30%)

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