Yo! Venice February 26, 2021

Page 1

YO!

VENICE www.yovenice.com

February 26 – March 26, 2021

Venice Home Sales Spike in Part due to ‘Silicon Beach’ Transplants Annual report shows single-family home sales spiking in Venice-area B y S am C atanz ar o A recent report says that single-family home sales in the Venice-area have spiked the past year in part due to East Coast and Northern California buyers “moving live within the close reach of Silicon Beach.” A recent report titled The Red Paper 2020 Press from real estate firm The Agency finds that the ‘Beach Cities’ – defined as Venice, Playa del Rey, Marina del Rey, Redondo Beach, Manhattan Beach and Hermosa Beach – saw a 9 percent increase in single-family home sales

and median prices over 2019 levels. “With driving to the office not top of the mind in 2020, the Beach Cities saw more buyers seeking sand, surf, quality schools and a walkable lifestyle that offered outdoor recreation amongst stay-at-home orders,” reads the report. It was not just the sun, sand and surf that attracted buyers, however, the report states. “Early in the pandemic, Venice, Playa del Rey and the Marina saw on the influence of buyers from the East Coast, Northern California and Greater LA moving to live within the close reach of Silicon Beach’s tech centers,” reads the report, which is published annually. Looking ahead, the authors predict the Beach Cities should expect a busy 2021 as

Home Prices Venice, see page 7

Police Looking for Suspect in ‘Brutal’ Venice Attack Captured on Video

Photos: LAPD

A wanted suspect seen wearing a Dodgers jersey shorty after punching a man near the Venice Beach Boardwalk last month.

LAPD seeking information surrounding January

16 incident B y C h ad W i nt h r o p Police are asking the public for help

identifying a suspect caught on camera attacking a man near the Venice Beach Boardwalk, leaving the victim with serious

Attack Venice, see page 7


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Yo! Venice February 26, 2021 by Mirror Media Group/ Modoc Media/ Englewood Review - Issuu