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Venice is today one of the most vibrant and eclectic areas of Southern California and it continues a tradition of progressive social change involving prominent Westsiders. Venice home prices have continued to increase even as some other nearby areas have slowed. People are attracted to Venice by its proximity to the ocean, eclectic shops and restaurants not found in many other parts of the city, and the close proximity of everything in the city which allows for many people to either walk or bike around rather than drive. Venice was founded by tobacco millionaire Abbot Kinney in 1905 as a resort town. His vision was to create a seaside resort just as Venice, Italy. Venice was originally opened as Venice of America on July 4, 1905. The canals that you see today were originally created to drain the saltwater from the marshes for the residential area. The area drew visitors mostly via interurban trolley from Santa Monica and Los Angeles. The biggest attraction that Venice had to offer at that time was the beach, now Venice Beach.
Venice just has a certain feel to it that cannot be explained and it is everything that the rest of Los Angeles is not. This was not always the case with Venice. In the 70’s and 80’s Venice was a very dilapidated city with many gang and drug problems. Then as artists, musicians and others moved into the area it slowly changed. Now the city is as vibrant as ever, and the homes in the Venice area are quite unique and employ many of the modern trends in architecture. The residents of Venice have fueled this creativity to the housing stock and have created very unique and trendsetting homes in the area.
Homes in the Venice area consist of everything from beach bungalows, condos, lofts and 3,000+ square foot luxury homes along the Venice canals. The average sales price for homes in Venice for the month ending December 2006 was in excess of $1,100,000.
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WHY VENICE REAL ESTATE |
2007 Median Prices (Active Homes)
. Venice Homes For Sale- $1,307,000
. Venice Condos For Sale- $1,175,000
2007 Entry Level Prices
. Condos For Sale- $799,000
. Homes For Sale- $650,000 |
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The Venice real estate market has traditionally been under priced versus other beachside cities in Southern California. The reason for this was largely in part to the gang and drug problems which plagued Venice during the 70’s, 80’s and 90’s. With the LAPD cracking down on the local gangs the area began to thrive. Today, Venice’s average home price is in excess of $1,100,000 while $650,000 or higher would get you an entry level home or condominium in the Venice real estate market in 2007.
The real estate prices in Venice have continued to increase as the cities reputation has changed and people see the great things that Venice has to offer. The city is filled with outdoor restaurants that take advantage of the great beach weather. Abbot Kinney Boulevard is packed with people who shop and sit outside at the numerous cafes. Only in the last few years have Venice real estate prices caught up and surpassed surrounding areas. This is a city that is only now beginning to realize its potential and will be a place that many people proudly call home in the near future. To really see Venice in action one should travel north on Abbot Kinney Blvd from Washington Blvd on a Saturday afternoon and see the stores, cafes, and restaurants that are packed with residents looking to spend a beautiful afternoon outdoors.
Should one be interested in seeing the highlights of what Venice real estate has to offer, the Venice canals are a great place to start. Many of the homes there have their primary entrances on a pedestrian only street with patios looking over the canals. These are some of he higher priced homes in Venice and once seeing them it is easy to understand why.
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VENICE AMENITIES |
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Venice has plenty of facilities for families and individuals of all ages. Below are the details of local amenities, please click on any of the links below to get more details on each.
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VENICE Housing and Demographic Statistics derived from U.S. Census data: |
| Housing Characteristics 2005 |
Estimate |
Total housing units
UNITS IN STRUCTURE
1-unit, detached
1-unit, attached
2 units
3 or 4 units
5 to 9 units
10 to 19 units
20 or more units
Mobile home
Boat, RV, van, etc.
YEAR STRUCTURE BUILT
1999 to March 2000
1995 to 1998
1990 to 1994
1980 to 1989
1970 to 1979
1969 or earlier
ROOMS
1 room
2 rooms
3 rooms
4 rooms
5 rooms
6 rooms
7 rooms
8 rooms
9 rooms or more
Median (rooms)
Occupied Housing Units
YEAR HOUSEHOLDER MOVED INTO UNIT
1999 to March 2000
1995 to 1998
1990 to 1994
1980 to 1989
1970 to 1979
1969 or earlier
Specified owner-occupied units
VALUE
Less than $50,000
$50,000 to $99,999
$100,000 to $149,999
$150,000 to $199,999
$200,000 to $299,999
$300,000 to $499,999
$500,000 to $999,999
$1,000,000 or more
Median (dollars)
Specified renter-occupied units
GROSS RENT
Less than $200
$200 to $299
$300 to $499
$500 to $749
$750 to $999
$1,000 to $1,499
$1,500 or more
No cash rent
Median (dollars)
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47,863
9,265
1,928
1,307
4,252
10,863
9,485
10,474
266
23
545
732
1,459
3,487
8,228
10,632
3,737
6,973
12,458
10,342
6,464
3,615
1,869
974
1,431
3.6
44,497
8,849
13,745
8,059
7,185
4,298
2,361
7,729
45
70
50
108
569
2,061
3,020
1,806
625,900
31,215
517
718
2,290
10,291
7,329
6,065
3,453
552
792
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| Demographic Characteristics 2005 |
Estimate |
Total population
SEX AND AGE
Male
Female
Under 5 years
5 to 9 years
10 to 14 years
15 to 19 years
20 to 24 years
25 to 34 years
35 to 44 years
45 to 54 years
55 to 59 years
60 to 64 years
65 to 74 years
75 to 84 years
85 years and over
Median age (years)
18 years and over
Male
Female
21 years and over
62 years and over
65 years and over
Male
Female
HOUSEHOLDS BY TYPE
Total households
Family households (families)
With own children under 18 years
Married-couple family
With own children under 18 years
Female householder, no husband present
With own children under 18 years
Nonfamily households
Householder living alone
Householder 65 years and over
Households with individuals under 18 years
Households with individuals 65 years and over
Average household size
Average family size
HOUSING OCCUPANCY
Total housing units
Occupied housing units
Vacant housing units
For seasonal, recreational, or occasional use
Homeowner vacancy rate (percent)
Rental vacancy rate (percent)
HOUSING TENURE
Occupied housing units
Owner-occupied housing units
Renter-occupied housing units
Average household size of owner-occupied unit
Average household size of renter-occupied unit
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84,084
40,517
43,567
3,448
3,538
3,507
2,903
4,032
17,034
16,670
13,237
4,445
3,192
5,414
4,501
2,163
39.3
71,770
34,250
37,520
70,075
13,932
12,078
4,717
7,361
44,497
16,783
7,045
12,216
4,842
3,318
1,723
27,714
22,786
4,729
7,488
8,878
1.83
2.8
47,863
44,497
3,366
767
1.4
4.3
44,497
13,277
31,220
2.24
1.66
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VENICE AMENITY DIRECTORY |
Restaurants:
Venice has over 125+ restaurants to choose from. |
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Movie Theatres:
Currently there is 1 movie theatre in Venice. |
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Hospitals:
Venice has no major hospital serving it, but has 25+ other specialized medical centers. |
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Emergency Services:
Venice is served by Los Angeles Emergency Services. |
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LAPD-Pacific Divison
12312 Culver Blvd
310-482-6335
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LAFD #63
1930 Shell Avenue
310-575-8563
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Post Office:
Santa Monica has no USPS post offices. |
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Major Supermarkets:
Venice is served by 1 major supermarket but has many smaller markets which people frequent. |
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Ralphs Grocery Company -Store 281
910 Lincoln Boulevard, Venice, CA 90291
(310) 392-4854
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Major Shopping Malls
Venice has a no shopping malls serving it. |
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Schools/CollegesThere is a selection of elementary, middle and high schools within Venice. |
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Elementary Schools:
2 elementary schools serve Venice covering grades K-5. |
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Coeur D'Alene Elementary School
810 Coeur D Alene Avenue, Venice, CA 90291
(310) 821-7813
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Westminster Avenue Elementary School
1010 Abbot Kinney Boulevard, Venice, CA 90291
(310) 392-3041
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Middle Schools:
1 middle school serves Venice. |
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Los Angeles Unified School District - Twain Middle School
2224 Walgrove Avenue, Los Angeles, CA 90066
(310) 397-2125
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High Schools:
1 high school serves Venice covering grades 9-12. |
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Venice High School
13000 Venice Blvd, Los Angeles, 90066 -
(310) 306-7981
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Colleges/Unversities:
Venice doesn't have any colleges or universities. |
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Banks:
Brentwood has 3 banks serving it. |
First Federal Bank Of California - Marina Del Rey
13405 Washington Boulevard, Venice, CA 90292
(310) 577-7551
Bank Of America
121 Windward Ave, Venice, CA 90210
(310) 247-2080
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Washington Mutual - Bank Locations, Venice
1415 Lincoln Boulevard, Venice, CA 90291
(310) 823-9262
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