1802 Pacific Avenue, Venice, California 90291, Venice, 90291 - 0 bed, 0 bath
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Venice, California 90291
Analysis of 1802 Pacific Avenue, Venice, California 90291 is currently available with a list price of $5,750,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Venice Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1923, this property is over 100 years old. The interior images reveal large, open, utilitarian spaces more indicative of art studios or commercial workshops than a single-family residence. Crucially, there are no images of a kitchen or bathrooms, suggesting these essential residential areas are either absent, extremely basic, or in very poor condition. The visible lighting is industrial (fluorescent strips, track lighting), flooring is a mix of worn hardwood, concrete, and rough wood, and some areas show exposed wiring. To function as a comfortable modern home, this property would require substantial rehabilitation, including the installation or complete overhaul of kitchens and bathrooms, significant electrical and plumbing updates, and extensive reconfigurations to create proper living areas. This goes beyond minor updates and points to a need for major system and aesthetic overhauls.
Situated on Pacific Avenue in highly sought-after Venice, offering unparalleled access to beaches, vibrant culture, and amenities.
An expansive 11,408 sqft residence provides substantial living area, rare for the Venice market, offering versatility for various luxury lifestyles.
The property boasts confirmed coastline views, a premium feature that significantly enhances desirability and value in this coastal community.
Constructed in 1923, the property is likely to require significant investment for system upgrades, modernization, and general renovation to meet contemporary luxury standards.
The requirement to 'Contact agent for full Offering Memorandum' indicates a lack of readily available detailed property information, which can create uncertainty and deter initial buyer interest.
Listed at $5,750,000, the property targets a very specific high-net-worth buyer demographic, potentially narrowing the market pool and requiring a longer sales cycle.
Contact agent for full Offering Memorandum.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 4% |
| Baths | 0.0 | 3.0 | 2% |
| Square foot | 11,408 | 1,910.5 | 99% |
| Lot Size | 6,834 | 4,255.5 | 85% |
| Price | $5.75M | $2.33M | 97% |
| Price per sq ft | $504 | $1.3K | 2% |
| Built year | 1923 | 1948 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 243 | 170 | 77% |
Oct 7, 2025
$5,750,000
Initial Listing