All over the Westside of LA inventory is starting to increase. This is partly a result of the time of year, but also speaks to how much prices have risen over the past 3 years, making the possibility of selling much more intriguing to homeowners.
The increase in inventory is a welcome relief for my buyers and from now until June figures to be the most busy time of the year in real estate. If you are looking to buy, stay tuned over the next few months as your best options to purchase are likely to present themselves.
Case in point, the Venice market had been lacking a quality, high-end craftsman home for some time, but lo and behold, one came available and its this week’s top property. 255 Market Street is 3 bedroom, 3 bath vintage Craftsman built in 1909. The current owner painstakingly remodeled all 2,300 square feet of the home and it is now listed for $2,499,000.
Just approaching the property you can feel the sense of care and quality that went into remodeling this home. The front gate and mature hedge give a ton of privacy to the front yard and once you pass them you feel like you are entering into a different world.
My favorite part of the home is the living room. It is a great combination of formal and informal spaces that just begs to be used for entertaining and everyday use. The front porch is an informal outdoor seating area that gives way to the formal living room which is set up with a gracious sofa set in front of a classic mantle and built-ins. Half of the porch has been repurposed to create a luxurious day bed with windows on all sides. The combination of these spaces is unique and creates an incredibly inviting space.
The kitchen has been remodeled with the utmost care in a classic craftsman design, but is also open to the dining room to create the highly sought after “great room”. This opens up to the back yard and parking area for easy access.
Upstairs you will find a graciously sized master bedroom suite that gets wonderful light and across the hall are two ample guest rooms. Next to the guest bedrooms is the guest bathroom with two vanities and some excellent tile work.
The final piece of the home is large roof deck that allows 360 degree views of Venice Beach and serves as the best option for outdoor space.
In addition to the fantastic quality and style of the home, its also in an accessible location. Its just a few blocks from Abbot Kinney, Windward Circle, and the beach, so when you’re not enjoying the home, it is easy to walk to some of the best spots in Venice.
If you have any questions about this top property, or the market in general please do not hesitate to contact me.