
Venice, California 90291
This Iconic Venice Beachfront Asset presents a High-Potential Investment Opportunity with a List Price of $7,999,000—positioned well below the $8,345,537 Fair Market Value by 4%. This valuation gap offers $346,537 in Instant Equity. Boasting a Condition Rating of 2, the property features panoramic ocean views, a rooftop deck, and rare 6-car parking. With Commercial Zoning and a separate guest unit, it balances lifestyle luxury with high-income potential. This landmark is ideal for High-Yield Investors or Owner-Occupants seeking a premier coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1915 Ocean Front Walk Subject | $7,250,000* List Price | 4 | 6 | 2,631 | $3,040 | - |
A 51 27th Avenue Active | $8,800,000 List Price | 5 | 5 | 2,227 | $3,952 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1934, this property has undergone extensive, high-quality, and recent renovations, particularly evident in the kitchen and bathrooms. The kitchen features new stainless steel appliances, modern cabinetry, contemporary light fixtures, and polished concrete flooring. Most bathrooms are fully updated with stylish floating vanities, modern fixtures (including rain showers and a freestanding tub), and high-end tiling. New hardwood flooring is present throughout the main living areas, and modern mini-split cooling/heating systems are installed. The property's configuration as a luxury short-term rental further supports the recent, top-tier updates, making it feel virtually new in its primary living spaces and meeting current quality standards.
Situated directly on Ocean Front Walk in Venice Beach, offering unparalleled ocean, Boardwalk, coastline, and water views, placing it at the heart of one of Southern California's most iconic and heavily trafficked pedestrian corridors.
Currently configured as a luxury short-term rental with commercial zoning and 44 feet of frontage, providing significant income generation opportunities and flexibility for retail, creative office, or experiential concepts.
Offers diverse utility as a personal residence, high-income rental, or high-exposure commercial presence. The separate one-bedroom condominium with its own private garage adds flexibility for owner use, guest accommodation, or additional income.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3920, other record lot size in square feet = 4010. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1934, the property's 'century of character' may imply ongoing maintenance requirements or potential for outdated systems not explicitly mentioned as updated, which could incur future costs.
Its direct location on the heavily trafficked Ocean Front Walk and behind the Venice pickleball courts means significant exposure to pedestrian noise and activity, potentially impacting residential privacy and tranquility.
Situated directly on Ocean Front Walk, this iconic Venice Beach property offers a rare combination of beachfront living and income potential. The approximately 2,641 square foot Spanish style building, rich with over a century of character, features 4 bedrooms and 4.5 bathrooms. As a beach home, the residence delivers authentic coastal living with sweeping ocean and Boardwalk views, a rooftop deck, original architectural details blended with thoughtful updates, handcrafted tile work, and resort style amenities including a 10-person sauna. A gated private courtyard provides parking for approximately 4 to 6 vehicles, an exceptionally rare offering on the Boardwalk. As an income opportunity, the property offers multiple revenue streams. In addition to residential rental potential, the property includes approved use for open air retail activity with up to three vendor spaces along Ocean Front Walk. These spaces allow for Boardwalk style retail such as art, apparel, or other merchandise vendors, benefiting from significant daily foot traffic in one of Southern California's most visited destinations. A separate one-bedroom unit with its own private garage adds flexibility for additional income, guest use, or owner occupancy. While the property is not zoned for traditional storefront retail or restaurant use, its prominent frontage of approximately 44 feet along Ocean Front Walk provides exceptional visibility and exposure. Buyers may explore future expansion or alternative uses subject to City and Coastal approvals. Adding to its historical and cultural significance, this stretch of Ocean Front Walk has long attracted artists, performers, and Hollywood icons. As noted in the Washington Post article "Stepping Out in Venice, the Hollywood crowd came down to shoot silent movies and to play; among the part time residents were Isadora Duncan, Charlie Chaplin and Tom Mix." The article further references Tom Mix's residence at "1915 Ocean Front Walk," reinforcing the property's placement within this iconic and historically significant corridor. Positioned behind the Venice paddle courts and at the heart of the Boardwalk, this property presents a unique opportunity to own a true Venice landmark with a blend of residential use and high visibility, income generating potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 6.0 | 3.0 | 94% |
| Square foot | 2,631 | 1,910.5 | 69% |
| Lot Size | 3,920 | 4,232 | 37% |
| Price | $7.25M | $2.33M | 98% |
| Price per sq ft | $2.8K | $1.3K | 97% |
| Built year | 1934 | 1948 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 147 | 165 | 47% |
Jun 5, 2026
$7,250,000
$7,999,000
-9% Price Drop
Initial Listing
Jan 10, 2026
$7,999,000
Initial Listing