* * * Turnkey Venice Island Sanctuary Just Blocks from World-Class Venice Beach * * * Discover a rare opportunity to own the lifestyle you've always dreamed of, just three blocks from the renowned Venice Beach; yet ideally situated 15 feet above sea level in zone X, not requiring flood or hurricane insurance. Nestled on one of the most serene and pristine streets on Venice Island, this turnkey furnished gem awaits. With new roof, HVAC system, windows and doors, and electrical panels, this home provides peace of mind and energy efficiency. Additional updates attached to the MLS description. Note the unique mother-in-law suite with separate entrance, as well as interior access from the main level, offering flexibility to use as a space for rental income or as an extension of the main house. As you step outside, feel the calm settle over you while watching egrets, eagles, and herons soar overhead. Your yard is a haven for cooing doves, cardinals, and mocking jays, all finding refuge among the lush greenery and vibrant butterflies. The sizeable lot, adorned with majestic palms and fragrant gardenias, exudes a sense of timeless elegance. Yet, you're just a 10-minute stroll from the vibrant heart of Venice Island, where boutiques, dining, live music, and cultural events await. Whether it's the city parades, festivals, or the farmer's market, you're always just steps away from the action. Sold fully furnished. Pull into your circular driveway, and let this peaceful retreat welcome you home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $944 | $944 | $944 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,005 | $6,915 | $9,482 |
Total Monthly Payment | $8,074 | $7,984 | $10,551 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.