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1315 Cabrillo Avenue, Venice, California 90291, Venice, 90291 - 2 bed, 2 bath

1315 Cabrillo Avenue, Venice, California 90291 home-pic-0
ACTIVE$1,595,000
1315 Cabrillo Avenue, Venice, California 90291
2Beds
2Baths
1,056Sqft
2,550Lot

Price Vs. Estimate

The estimated value ($1,552,806.89) is $42,193.11 (2%) lower than the list price ($1,595,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location: Situated one block off Abbot Kinney in the Historic Lost Venice Canals District, offering unparalleled access to vibrant dining, shopping, and proximity to the beach.
Top Cons:
Advanced Age & Potential for Capital Expenditures: Built in 1922, the property may require substantial investment for system upgrades (plumbing, electrical) and general modernization to meet contemporary standards.

Compared to the nearby listings

Price:$1.59M vs avg $2.29M ($-695,000)10%
Size:1,056 sqft vs avg 1,831 sqft16%
Price/sqft:$1.5K vs avg $1.3K75%

More Insights

Built in 1922 (103 years old).
Condition: Built in 1922, this property retains significant original character and charm, as noted in the description. While well-maintained, the kitchen features vintage-style appliances (e.g., the black refrigerator) and stainless steel countertops that are functional but distinctly outdated in style. Visible light fixtures are simple and dated. The wood floors contribute to the vintage appeal but are not new. The property is livable and has been cared for, but it has not undergone extensive modern renovations and would require updates to meet contemporary standards, particularly in the kitchen and likely the bathrooms (not fully pictured).
Year Built
1922
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
$1,510
HOA
-
Days on market
-
Sold On
-
MLS number
25591375
Home ConditionFair
Features
Patio
View-

About this home

Fabulous opportunity, one block off Abbot Kinney in the Historic Lost Venice Canals Historic District. Spanish duplex consisting of two separate vintage bungalows. Each features one bedroom one bathroom. Lots of original character, details, and charm. Wood floors through out. Open kitchen and separate nook for dining. Both units are examples of efficient use of space. Rear yard provides an inviting outdoor entertaining space including an electronic gate providing off street parking. Many options; live in one and use the other for work/guests, live in one and rent the other, partners, or other future potential. Enjoy all that this area has to offer with exciting restaurants and shops and short distance to the beach. Interior and courtyard photos are for the back unit. Front unit is currently tenant occupied. This is an amazing offering and opportunity.

Price History

Date
Event
Price
01/12/12
Sold
$780,000
09/17/04
Sold
$650,000
Condition Rating
Fair
Built in 1922, this property retains significant original character and charm, as noted in the description. While well-maintained, the kitchen features vintage-style appliances (e.g., the black refrigerator) and stainless steel countertops that are functional but distinctly outdated in style. Visible light fixtures are simple and dated. The wood floors contribute to the vintage appeal but are not new. The property is livable and has been cared for, but it has not undergone extensive modern renovations and would require updates to meet contemporary standards, particularly in the kitchen and likely the bathrooms (not fully pictured).
Pros & Cons

Pros

Exceptional Location: Situated one block off Abbot Kinney in the Historic Lost Venice Canals District, offering unparalleled access to vibrant dining, shopping, and proximity to the beach.
Versatile Duplex Configuration: Comprising two separate 1-bedroom, 1-bathroom bungalows, providing flexible options for owner-occupancy with rental income, guest quarters, or multi-generational living.
Historic Charm & Original Details: Retains significant original character, details, and wood floors, appealing to buyers seeking vintage aesthetics and unique charm.
Valuable Off-Street Parking: Features a rear yard with an electronic gate providing coveted off-street parking, a significant advantage in the dense Venice area.
Inviting Outdoor Entertaining Space: The rear yard offers a dedicated and inviting area for outdoor entertaining, enhancing lifestyle appeal.

Cons

Advanced Age & Potential for Capital Expenditures: Built in 1922, the property may require substantial investment for system upgrades (plumbing, electrical) and general modernization to meet contemporary standards.
Limited Interior Space: With a total of 1056 sqft across two units, each bungalow offers relatively small living quarters, potentially limiting appeal to buyers desiring more expansive spaces.
Tenant Occupancy in Front Unit: The front unit is currently tenant-occupied, which could complicate immediate owner occupancy, renovation plans, or property access for showings and inspections.

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