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The Venice Real-Estate Market Is Unstoppable No More - Vimarsana News

The Venice Real-Estate Market Is Unstoppable No More

LA REAL ESTATE--The property Jordan Mazer bought in December is the classic Venice beach house in more ways than one.  The $2.225 million clapboard house is close enough to a local surf break that Mr. Mazer, a 33-year-old human-resources executive for a videogame company, can run to it with his surfboard tucked under his arm. Another thing that makes his property emblematic of the neighborhood: He paid $213,000 less than the buyer in 2018, and $450,000 less than the buyer in 2016. The home, for which he paid over $1,000 a square foot, is near the beach but also near the Venice boardwalk, whe...