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Venice has a large and growing number of condominiums for sale. There is a wide variety reconditioned and newer buildings of every description including luxury units on and near the sand and contemporary loft style complexes with amenities. There is also everything else in between from the funky to the sublime, including older properties within blocks of the beach.
The eclectic best of Venice Beach including classic and contemporary architectural masterpieces in Venice’s very different neighborhoods from vibrant beach front houses on the world famous boardwalk to amazing properties in the Canals and Walk Streets and by the chic shopping district of Abbott Kinney .
Venice is not for everyone and most of us wouldn’t have it any other way.
Venice has undergone continuous redevelopment over the last thirty years and is truly coming into its own as L.A.’s most unique beach city. You’ll find everything from the old fixers & modest tract homes
that Venice was traditionally known for to striking new contemporary houses and completely restored Craftsman and Quenn Anne cottages ready to move into. Many of the listings for under a million dollars are just blocks from the beach... You do the math.
Venice usually has a fair number of multi-unit income properties for sale at any given time, but most of them date from the turn of the last century to the 1960’s and 70’s. It’s unlikely that many more will be built in the future because much of Venice has low-density residential zoning which favors condo development. Though larger multi-story mixed use properties seem poised to become commonplace along Venice’s thouroghfares, the supply of less ambitious muli-unit income properties here may be fixed and diminishing.
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ANDREW JONES
REALTOR
Venice Beach, CA #01131486
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Surprisingly, sales of single-family homes in Venice continued to trickle in throughout
the first two years of the housing crisis and prices only dropped 10% to 15% from
a high of almost $1.5M in the spring of 2009. Inventories have held remarkably constant
over last three years though many distressed properties started moving in the summer
and fall of 2010 bringing prices down another 10% to 15%. The greatest total loss
of value was in the spring of 2010 at around 25% to 30%. House sales have been increasingly
strong since then and the average price has rebounded 20% to around $1.3M from the
low of $1M a year ago. This is a better than 50% return to the previous high and
we’re hoping the real estate market in Venice will continue to perform in 2012.
Venice was the long forgotten, hippie back water of L.A.’s beach cities for years with many of the houses, and commercial buildings dating to the early part of the last century. Now a cultural magnet and one of ‘the’ places to be, Venice features an eclectic mix of opportunities from the funky to the fantastic. Hundred year old beach cottages and post- war tract homes are inter-mingled with more stunning examples of cutting edge architecture than you’ll find anywhere else in the city from exciting urban lofts and condos to serene water front retreats.
Many properties have undergone major restoration and rehabilitation, but there are many more deals to be had before Venice gentrifies completely. This one-of-a-kind community also enjoyed much more appreciation during the recent real estate boom than any other beach city and it’s still the least expensive property close to the beach in Los Angeles proper north of the airport.
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Take music video tour of Venice Beach’s wildly popular and eclectic Abbot Kinney Boulevard retail district featuring one-of-a-kind shops, bistros, & galleries hosted by Venice Beach real estate agent Andrew Jones.
Venice Beach Realtor Andrew Jones takes you on a personal video tour of houses and condominiums on Venice Beach’s unique Walk Streets featuring properties from vintage Craftsman to Contemporary.
THE VENICE CANALS
Venice is part of Los Angeles, but was originally attached to Ocean Park which is now part of Santa Monica. It was built at the turn of the last century by developer Abbot Kinney who created “Venice of the Americas’ with over 16 miles of canals, housing tracts, and a downtown area complete with gondolas and Venetian arcades (several of which can still be seen.) Only six of the original canals survive today as the Venice Canals which is one of the most unique places to live in all of Los Angeles. The popular ‘Walk Streets’ also date from this period.
As with ‘Old’ Santa Monica, the early development of Venice proceeded quickly and
most of the buildings in the area date from the 1930’s and before with the exception
of modest tract home developments from the 1940’s and 50’s to the east of Lincoln
Blvd. and in the south part of town by Marina del Rey. Eclecticism is the rule in
the older neighborhoods with vintage vacation cottages and Craftsman homes, mid-century
tract houses, and the most cutting-edge, modern designs all on the same block. Also
like Santa Monica, there aren’t as many homes available for under $1M as there used
to be, but prices much in excess of a couple of million dollars are uncommon anywhere
but right on the sand.
Venice definitely has an older ‘urban funky factor’ unlike any of Los Angeles’ other beach cities which some people are drawn to and others can’t stand. In any case, Venice still offers many of the best opportunities for relatively inexpensive beach side living in the city.
Take advantage of all the features that Horizon Pacific Realty’s revolutionary new ‘Virtual Real Estate Office’ on LABeachCitiesHomes.com has to offer. Chat with AndyONLINE today to take your understanding of houses, condos, multi-units, & land for sale in Venice Beach cities to a whole new level… online!
Venice Beach, CA
The Venice Boardwalk & Pier, Venice Canals,
Muscle Beach, Abbot Kinney & Walk Streets
Venice is probably the most mysterious, most misunderstood, and perhaps most popular of L.A.’s beach towns. Venice has been featured in numerous movies and TV shows from Starsky and Hutch to Baywatch and the Venice Boardwalk is a wild marketplace of outrageous performances, products, and people that draws huge crowds in the summertime second only to Disneyland. Venice also has a well deserved reputation as an artists community and has one of the hippest chic shopping destinations in the city on Abbot Kinney Blvd. However, the neighborhood has been gentrifying rapidly and many long-term residents can no longer afford to live there.
ANDREW JONES
REALTOR
Horizon Pacific Realty
Venice Beach, CA #01131486
Malibu, Topanga Canyon, Pacific Palisades, Santa Monica,
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