1630 Penmar Avenue, Venice, California 90291, Venice, 90291 - 2 bed, 1 bath
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Venice, California 90291
This Turnkey Venice Bungalow is a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,456,901 Fair Market Value by 4%. This valuation gap offers $61,901 in Instant Equity for the buyer. Featuring a remodeled kitchen, high ceilings, and a sun-soaked deck, the home maintains a Condition Rating of 2. Its prime location near Abbot Kinney and the beach makes this an ideal acquisition for Owner-Occupants or first-time buyers seeking a sophisticated, move-in ready coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1630 Penmar Avenue Subject | $1,395,000* List Price | 2 | 1 | 742 | $1,963 | - |
A 1034 Oakwood Avenue Sold | $1,800,000 | 2 | 1 | 898 | $2,004 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1949, the property has undergone a high-end, thoughtful remodel within the last 5 years. The kitchen features modern cabinetry and stainless steel appliances, the HVAC system appears updated via visible ducting, and the exterior (decking/landscaping) is in mint, move-in ready condition with no maintenance required.
Situated in a highly desirable pocket of Venice, the property offers immediate proximity to Penmar Park, Abbot Kinney, and the beach, providing a quintessential coastal lifestyle.
Expansive glass doors and professional drought-tolerant landscaping create an airy flow to a sun-soaked deck, effectively extending the functional living space of the bungalow.
The home features high ceilings, a thoughtfully remodeled kitchen and bath, and a flexible den that can serve as a third bedroom or creative studio.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only 742 square feet of living area, the property carries a high price-per-square-foot and may feel restrictive for buyers requiring more interior volume.
The single-bathroom configuration is a notable drawback, especially when considering the home's potential use as a three-bedroom residence.
This charming Venice bungalow offers the perfect blend of classic California style and outdoor living. Featuring 2 bedrooms and 1 bathroom, the home includes a versatile den that can serve as a third bedroom, home office, or creative studio. High ceilings and an abundance of natural light create an airy and inviting atmosphere throughout the interior. Thoughtfully remodeled, the home features an updated kitchen and bathroom, plus an in-unit laundry room. Expansive glass doors open to a sun-soaked deck, seamlessly extending the living space for easy entertaining and relaxation. Professionally landscaped with drought tolerant greenery with multiple outdoor spaces perfect for dining, lounging, and hosting gatherings. Fully gated and secure, the home provides both privacy and tranquility. Nestled in a prime Venice location, you are just moments away from a variety of restaurants, Penmar Park, Main St., Abbot Kinney, Rose Ave and the beach. This is California living at it's very best!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 3.0 | 22% |
| Square foot | 742 | 1,910.5 | 5% |
| Lot Size | 2,883 | 4,255.5 | 25% |
| Price | $1.40M | $2.33M | 10% |
| Price per sq ft | $1.9K | $1.3K | 83% |
| Built year | 1949 | 1948 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 157 | 1% |
May 21, 2026
$1,395,000
Initial Listing
Aug 14, 2018
$1,235,000
Public Record
Oct 10, 2012
$725,000
Public Record
Sep 18, 2008
$590,000
Public Record