1122 Grant Avenue, Venice, California 90291, Venice, 90291 - 2 bed, 1 bath

1122 Grant Avenue, Venice, California 90291 home-pic-0
ACTIVE$1,995,000
1122 Grant Avenue, Venice, California 90291
2Beds
1Bath
1,493Sqft
4,197Lot

Price Vs. Estimate

The estimated value ($1,673,549.285) is $321,450.715 (16%) lower than the list price ($1,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Venice Location: Situated in Venice, California, a highly desirable and sought-after neighborhood known for its vibrant culture and coastal lifestyle.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-05-30. The sold price is $2,200,000.00.

Compared to the nearby listings

Price:$2.00M vs avg $2.28M ($-287,500)32%
Size:1,493 sqft vs avg 1,818 sqft35%
Price/sqft:$1.3K vs avg $1.3K56%

More Insights

Built in 1929 (96 years old).
Condition: Built in 1929, this 95-year-old property's description is extremely sparse, lacking any mention of renovations or updates. The single exterior image shows an unrenovated facade. The absence of interior photos, particularly for the kitchen and bathroom, strongly suggests these areas are in original or very outdated condition, requiring significant modernization. The property's 2-bed, 1-bath configuration is functionally obsolete for modern standards. Major systems (electrical, plumbing, HVAC) are likely original or very old, necessitating substantial repairs and rehabilitation to meet current safety and comfort requirements, aligning with the 'poor' condition criteria.
Year Built
1929
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$1,336
HOA
-
Days on market
-
Sold On
-
MLS number
25521651
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights

About this home

Relisting with LA1 next week!

Price History

Date
Event
Price
05/30/25
Sold
$2,200,000
10/05/20
Sold
$1,725,000
09/16/16
Sold
$1,595,000
04/29/14
Sold
$1,200,000
Condition Rating
Poor

Built in 1929, this 95-year-old property's description is extremely sparse, lacking any mention of renovations or updates. The single exterior image shows an unrenovated facade. The absence of interior photos, particularly for the kitchen and bathroom, strongly suggests these areas are in original or very outdated condition, requiring significant modernization. The property's 2-bed, 1-bath configuration is functionally obsolete for modern standards. Major systems (electrical, plumbing, HVAC) are likely original or very old, necessitating substantial repairs and rehabilitation to meet current safety and comfort requirements, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Venice Location: Situated in Venice, California, a highly desirable and sought-after neighborhood known for its vibrant culture and coastal lifestyle.
Historic Character Potential: Built in 1929, the property offers the potential for classic architectural charm and period details, appealing to buyers seeking historical homes.
City Lights View: The property boasts a 'City Lights' view, which is a valuable amenity that enhances its desirability and potential resale value.
Generous Lot Size: With a lot size of 4197 sqft, there is ample outdoor space for landscaping, potential expansion, or creating a private oasis.
Comfortable Interior Space: The 1493 sqft interior provides a comfortable living area for a 2-bedroom residence.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-05-30. The sold price is $2,200,000.00.
Overpriced Relative to Market: The current list price of $1.995M is significantly higher (16% above) the estimated property value of $1.67M, suggesting it may be overvalued compared to market data.
Limited Bathroom Count: With only 1 bathroom for a 2-bedroom home, this property falls short of modern expectations and competitive offerings in its price range and location, which often feature 2 or more bathrooms.
Implied Need for Updates & Relisting Status: The 1929 build year, coupled with the lack of renovation details in the description and its status as a 'relisting,' strongly suggests the property likely requires significant investment for modernization and upgrades to compete effectively in the current market.

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