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1339 Appleton Way, Venice, California 90291, Venice, 90291 - 6 bed, 3 bath

1339 Appleton Way, Venice, California 90291 home-pic-0
ACTIVE$3,100,000
1339 Appleton Way, Venice, California 90291
6Beds
3Baths
2,035Sqft
10,902Lot
Year Built
1959
Close
-
List price
$3.1M
Original List price
$3.1M
Price/Sqft
$1,523
HOA
-
Days on market
-
Sold On
-
MLS number
MB25238948
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $3.10M(80th), sqft - 2035(62th), beds - 6(94th), baths - 3(50th).

RARE "BIG LOTS" OPPORTUNITY. Double-Sized Lot in Prime Venice: This is a rare chance to acquire a double-sized parcel in the highly coveted "Big Lots" neighborhood of Venice. This legacy asset secures your future in a high-demand area, offering redevelopment potential or move in and use the property now. Immediate Value & Compound Living: The existing structures provide exceptional immediate utility, rental income, or comfortable compound living. This private, expansive oasis currently features: Main Residence: A spacious 4-bedroom, 2-bathroom family home with remodeled kitchen and bathrooms. Guest House: A charming, separate 2-bedroom, 1-bathroom unit—ideal for use as immediate rental income, a dedicated home office, or extended family quarters. Private Compound: The expansive, fully fenced yards and flexible layout offer unparalleled privacy, ample room for pets and children, and a perfect setting for seamless indoor/outdoor California entertaining. Unbeatable Location & Investment Don't miss this opportunity to control a major piece of prime Venice real estate. You are just a short distance from the Penmar Golf Course, world-famous Venice Beach, local parks, and the vibrant, trend-setting local dining and shopping scene that defines this area. This property represents a rare investment opportunity with unparalleled future upside. Secure this double-sized lot now to control a defining asset in one of L.A.'s most appreciating markets.

Price History

Date
Event
Price
11/20/25
Listing
$3,100,000
02/19/21
Sold
$2,510,000
04/20/12
Sold
$1,350,000
Condition Rating
Fair
The property was built in 1959, indicating an older core structure. While the listing states 'remodeled kitchen and bathrooms' and visible areas like flooring and paint appear updated, there are no images of the kitchen or bathrooms to assess their condition, style, and features directly. The lack of specific renovation dates for these remodels, combined with the age of the core structure and the noted absence of a cooling system, suggests that while some areas are updated and well-maintained, other major systems may be older and could require attention. It's move-in ready but likely has components showing signs of being outdated or nearing the end of their lifespan.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10902, living area = 2035.
Oversized Lot & Redevelopment Potential: The property boasts a rare double-sized 10,902 sqft lot in a prime Venice 'Big Lots' neighborhood, offering significant redevelopment potential and long-term investment value.
Prime Coastal Location: Situated in a highly coveted Venice location, the property offers unbeatable proximity to Venice Beach, Penmar Golf Course, local parks, and vibrant dining and shopping.
Income-Generating Guest House: A separate 2-bedroom, 1-bathroom guest house provides immediate rental income potential, flexible living arrangements, or a dedicated home office space.
Updated Interior Features: The main residence benefits from recently remodeled kitchen and bathrooms, enhancing immediate livability and reducing initial renovation needs for key areas.
Private Outdoor Oasis: Expansive, fully fenced yards create a private compound ideal for indoor/outdoor California entertaining, offering ample space for pets and children.

Cons

Age of Core Structure: Built in 1959, the property's core structure is older, which may lead to potential maintenance needs for systems not explicitly mentioned as updated beyond the kitchen and bathrooms.
Lack of Cooling System: The property description does not mention the presence of a cooling system (e.g., air conditioning), which could be a comfort concern during warmer months.
No Scenic Views: The property explicitly states 'None' for views, indicating a lack of scenic ocean, city, or panoramic vistas that could otherwise enhance its market appeal and value.

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