Venice Foreclosure Home for Sale

/75
$4,999,889

$698K PRICE DROP
- 10 Beds
- 14 Baths
- 7,068 Sq Ft
3005 Grand Canal, Venice, CA 90291

BACK ON MARKET BUYER DID NOT PERFORM WITHIN CONTRACTUAL TIMEFRAMES. NO FAULT OF THE PROPERTY. REO LENDER-OWNED PREMIER 5-UNIT TROPHY ASSET ON THE VENICE CANALS. PRICED TO SELL. SELLER MAY CONSIDER FINANCING FOR A QUALIFIED BUYER WITH 20% DOWN. ALL UNITS EXCEPT UNIT 4 CAN BE DELIVERED VACANT. Rare opportunity to acquire a LENDER - OWNED luxury 5-unit property on an expansive private corner lot

Steven Kay Nelson Shelton & Associates

3005 Grand Canal, Venice, CA 90291
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Home Prices in Venice, CA

The median home sale price in Venice, Los Angeles is $2,120,000, down 4% year-over-year. Homes in Venice sell in 46 days on average, compared to the national average of 55 days.

Home Price Trends

Median Sale Price $2,120,000	Median Single Family Sale Price $2,577,500
Median Townhouse Sale Price $2,197,500	Median 2 Bedroom Sale Price $1,730,000
Median 1 Bedroom Sale Price $1,325,000	Average Price Per Sq Ft $1,327
Number of Homes for Sale 155	Last 12 months Home Sales 273
Months of Supply 6.80	Median List Price $2,457,500
Median Change From 1st List Price 4%	Median Home Sale Price YoY Change -4%

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