NOT LISTED FOR SALE

701 Vernon Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,111,000 - $2,504,000

3 Beds
2 Baths
1,380 Sq Ft
$1,652/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $1,870,000 $1,355 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $14,215/month

42 Days on Market

Highlights

  • No HOA
  • Covered patio or porch
  • Floor Furnace
  • Broadway Elementary Rated A-
  • Bungalow
  • Dining Area

About This Home

As of December 2017

AMAZING OPPORTUNITY IN THE HEART OF VENICE !! Great development opportunity on one of the largest lots in the area, Create your own compound!! Zoned for 1.5, possible to build 2 plus dwellings. Large corner lot on one of the most desirable streets in Venice with lots of potential to build your dream home or fix up. Great location in the heart of Silicon Beach, West of Lincoln, South of Rose, walking distance to Abbot Kinney, beach, shops, and schools. A++ location with lots of possibilities, great potential for owner user or developer. This property is a True gem in the best part of Venice! Property sold AS-IS, Probate sale, buyer to verify with city what can be built.

Last Agent to Sell the Property

Nicole Contreras

Christie's International Real Estate SoCal License #01512844 Listed on: 08/30/2017

Christie's International Real Estate SoCal

Last Buyer's Agent

Nicole Contreras

Christie's International Real Estate SoCal License #01512844 Listed on: 08/30/2017

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,351

Year Built

  • Built in 1922

Lot Details

  • 6,306 Sq Ft Lot
  • Front Yard Sprinklers
  • Property is zoned LARD1.5

Home Design

  • Bungalow

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Covered patio or porch
  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4240-016-076

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,351

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1380
  • Probate: Yes
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 1445.65

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Covered Porch
  • Pool: No
  • Spa Yn: No
  • View: No

Utilities

  • Heating: Floor Furnace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Front
  • Assessor Parcel Number: 4240-016-076
  • Geocode Override: No
  • Lot Size Area: 6306

Rental Info

  • Court Approve: No

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Dec 14, 2017
Sold by
Crawford Bruce
Bought by
701 Cali Llc
Seller's Agent
Nicole Contreras
Christie's International Real Estate SoCal
Buyer's Agent
Nicole Contreras
Christie's International Real Estate SoCal
List Price
$1,995,000
Sold Price
$1,870,000
Premium/Discount to List
-$125,000
-6.27%
Total Days on Market
42
Current Estimated Value
$2,280,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,379
Avg. Annual Appreciation
2.31%
Original Mortgage
$1,814,655
Outstanding Balance
$1,555,307
Interest Rate
3.92%
Mortgage Type
Stand Alone First
Estimated Equity
$660,179

Purchase Details

Closed on
Nov 7, 2007
Sold by
Crawford Bruce
Bought by
Crawford Inez W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
4.72%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 5, 2002
Sold by
Crawford Inez W
Bought by
Crawford Inez W and Crawford Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in the area

  • 541 Rose Ave, Venice, CA 90291

    $2,649,000

    • 3 Beds
    • 3 Baths
    • 1,653 Sq Ft
    • 541 Rose Ave
    • Venice, CA

    Price Reduction!!! Welcome to 541 Rose Avenue, where iconic Venice Beach vibes meet modern sophistication in this completely updated contemporary duplex and ADU. This property is a rare gem, featuring a brand new two-story Loft Style ADU perched above a spacious four-car garage. Whether you're looking for the perfect live / work location, an investor eyeing a prime rental opportunity, or a

    Coby McDonald Compass

    Section Image
  • 754 Marco Place, Venice, CA 90291

    $2,700,000

    • 4 Beds
    • 3.5 Baths
    • 1,634 Sq Ft
    • 754 Marco Place
    • Venice, CA

    Tucked away on one of Venice's most beloved walk streets, this Cape Cod-style retreat is where timeless charm meets effortless coastal living. Surrounded by mature trees, the beautifully shaded front yard offers a peaceful escape, setting the tone for this warm and inviting home. Step inside to a sun-drenched open floor plan, where character and comfort come together. The living room is anchored

    Paige Ogden Pardee Properties

    Section Image
  • 919 Venezia Ave, Venice, CA 90291

    $1,950,000

    • 3 Beds
    • 3 Baths
    • 1,406 Sq Ft
    • 919 Venezia Ave
    • Venice, CA

    Welcome to 919 Venezia Avenue, a quintessential Venice Beach Craftsman that beautifully marries timeless charm with modern-day upgrades all perfectly situated west of Lincoln in one of the most coveted pockets on the Westside. From the moment you arrive, this lovingly maintained home radiates character. Classic architectural details and a welcoming front porch set the tone, offering a serene

    Paige Ogden Pardee Properties

    Section Image
  • 2228 Walnut Ave, Venice, CA 90291

    $2,300,000

    • 3 Beds
    • 3 Baths
    • 2,600 Sq Ft
    • 2228 Walnut Ave
    • Venice, CA

    PENDING w/ Multiple Offers. Thank you Agents/Buyers for your interest! Nestled on a palm-lined street just a 30-minute stroll from the iconic Pacific Ocean, this one of a kind, 2,400 square foot architectural masterpiece, plus detached 200 square-foot pool cabana, is located in the heart of Venice Beach...a vibrant neighborhood steeped in surf history, culture & California cool! This property

    Margie Morris Christie's International Real Estate Sereno

    Section Image
  • 8204 Tuscany Ave, Playa Del Rey, CA 90293

    $2,649,000

    • 4 Beds
    • 3 Baths
    • 2,725 Sq Ft
    • 8204 Tuscany Ave
    • Playa Del Rey, CA

    Escape to a breathtaking Silicon Beach sanctuary, just moments from the ocean. This exquisitely reimagined residence, fully remodeled down to the studs five years ago, seamlessly blends contemporary elegance with state-of-the-art functionality. Every detail has been thoughtfully curated, from the wide-plank hardwood floors to the modernized electrical, plumbing, HVAC, and energy-efficient

    Charles Fisher Estate Properties

    Section Image
  • 654 Vernon Ave, Venice, CA 90291

    $2,399,000

    • 4 Beds
    • 3 Baths
    • 1,923 Sq Ft
    • 654 Vernon Ave
    • Venice, CA

    Enjoy the chic beach lifestyle in this beautifully remodeled California Bungalow, with a new modern ADU for maximizing income potential and additional space for a home office, yoga studio, artist retreat or out-of-town guests. With award-winning landscaping, an indoor-outdoor paradise has been formed for entertaining and dining al-fresco. The main house features vaulted ceilings and skylights in

    Sally Forster Jones Compass

    Section Image
  • 649 Indiana Ave, Venice, CA 90291

    $2,275,000

    • 3 Beds
    • 2 Baths
    • 649 Indiana Ave
    • Venice, CA

    Welcome to the Indiana Haven. This thoughtfully renovated 3-bedroom, 2-bathroom home offers serenity and charm at every turn. Step into the vaulted ceiling living room with an open concept feel, perfect for gatherings and relaxation. The designer kitchen, reimagined by the skillful Kirk Snyder Architects, seamlessly blends form and function. Outfitted with Quartzite counters, Wolf oven, Sub-Zero

    ELIZABETH Morell Compass

    Section Image
  • 637 Vernon Ave, Venice, CA 90291

    $2,249,000

    • 3 Beds
    • 2 Baths
    • 1,918 Sq Ft
    • 637 Vernon Ave
    • Venice, CA

    Looking for a place to grow into? This charming home is perfect for a young couple or family looking to put down roots. With mature trees that provide natural shade and a peaceful vibe, there's plenty of space to relax and enjoy the outdoors. The property comes with alley access, making parking and future projects super convenient. Plus, there's room to expand the house, build a home office, or

    Isabella Lutzi Luthje Sotheby's International Realty

    Section Image
  • 746 Brooks Ave, Venice, CA 90291

    $1,995,000

    • 4 Beds
    • 3.5 Baths
    • 2,208 Sq Ft
    • 746 Brooks Ave
    • Venice, CA

    Modern Elegance Meets Coastal Living in the Heart of Venice. Nestled in one of Venice's most desirable neighborhoods, this impeccably designed LEED Gold certified residence offers the perfect fusion of contemporary sophistication and eco-friendly living. Behind a gated, private entry, you'll find a sun-drenched sanctuary featuring expansive open-concept living spaces and seamless indoor-outdoor

    Kerry Ann Sullivan Pardee Properties

    Section Image
See All Homes in Venice

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
701 Cali Llc $1,870,000 Fidelity Sherman Oaks
Crawford Inez W -- Lenders Choice Title Company
Crawford Inez W -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 701 Cali Llc $1,814,655
Previous Owner Crawford Inez W $544,185
Previous Owner Crawford Inez W $65,000
Previous Owner Crawford Inez W $15,150
Previous Owner Crawford Inez W $9,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $1,870,000 -6.3% $1,355 / Sq Ft
08/30/2017 08/30/17 For Sale $1,995,000 -- $1,446 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25,351 $2,086,016 $1,668,814 $417,202
2023 $24,858 $2,045,115 $1,636,093 $409,022
2022 $23,697 $2,005,015 $1,604,013 $401,002
2021 $23,416 $1,965,702 $1,572,562 $393,140
2019 $22,711 $1,907,400 $1,525,920 $381,480
2018 $22,598 $1,870,000 $1,496,000 $374,000
2016 $613 $40,746 $25,865 $14,881
2015 $606 $40,135 $25,477 $14,658
2014 $619 $39,349 $24,978 $14,371
Source: Public Records

Agents Affiliated with this Home

  • Nicole Contreras

    Seller's Agent in 2017

    Nicole Contreras

    Christie's International Real Estate SoCal

    (310) 562-6677

    2 in this area

    55 Total Sales

    Nicole Contreras
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-265416

The MLS

APN: 4240-016-076

California Los Angeles County Venice 90291 Venice

701 Vernon Ave, Venice, CA

This home is located at 701 Vernon Ave, Venice, CA 90291 since 30 August 2017 and is currently estimated at $2,280,379, approximately $1,652 per square foot. This property was built in 1922. 701 Vernon Ave is a home located in Los Angeles County with nearby schools including Broadway Elementary, Westminster Avenue Elementary School, and Mark Twain Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes