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$1,749,000
Listing Price2beds
1baths
1,934sqft
5,991sqft lot
1121 Grant Ave, Venice, CA 90291
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Home type
Price / sqft
Year built
Home Details
Own in Venice while your property helps pay for itself. 1121-1123 Grant Ave presents a rare opportunity for a first-time buyer to step into homeownership with $4,008 per month in existing rental income helping offset the mortgage and property taxes from day one. Live upstairs in the vacant 2-bedroom, 1-bath residence, complete with original hardwood floors, abundant natural light, exclusive access to the property's oversized 2-car garage, and a large private grassy yard that feels like an extension of the home. Downstairs, the second 2-bedroom, 1-bath residence is already tenant-occupied at $4,008 per month, creating meaningful built-in income without sacrificing your own privacy or outdoor space. Set on a generous 5,991-square-foot corner lot in Venice's coveted President Streets, the property is surrounded by mature, drought-tolerant landscaping, with thoughtfully separated outdoor areas for each residence. It's an opportunity to enjoy the space, garage, yard, and lifestyle of a single-family home while benefiting from the economics of a duplex. Just moments from Abbot Kinney, the beach, dining, shopping, and everything that makes Venice one of LA's most desirable neighborhoods, 1121 Grant offers an unusually compelling way to establish a foothold on the Westside. LAR2 zoning also provides future potential for additional units or ADU opportunities (buyer to verify). Live upstairs. Rent downstairs. Own a piece of Venice. Seller intends to complete a 1031 exchange at no cost
Interior Details
1934
2
1
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5991
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Duplex Single
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$14,117
$918,800
$287,123
--%
$1,205,923
2019
$14,117
$900,785
$281,494
--%
$1,182,279
2018
$14,063
$883,123
$275,975
--%
$1,159,098
2017
$13,757
$865,807
$270,564
--%
$1,136,371
2016
$13,449
$848,831
$265,259
--%
$1,114,090
2014
$13,300
$819,704
$256,157
--%
$1,075,861
2013
$13,294
$816,000
$255,000
--%
$1,071,000
2012
$4,187
$233,398
$93,355
--%
$326,753
Average Home Price in 90291
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





