
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 | $7,999,000* 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, income potential, and commercial flexibility. The 2,641-square-foot Spanish-style building, rich with over a century of character, features 5 bedrooms and 5 bathrooms and is currently configured as a luxury short-term rental. As a beach home, the residence delivers authentic coastal living with 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 and private courtyard provides parking for approximately 4 to 6 vehicles, an exceptional offering on the Boardwalk. As a high-income rental opportunity, the property benefits from commercial zoning and approximately 44 feet of Ocean Front Walk frontage. A separate one-bedroom condominium with its own private garage adds flexibility for owner use, guest accommodation, or additional income. As a retail or office opportunity, the site sits along one of the most heavily trafficked pedestrian corridors in Southern California, with millions of annual visitors passing directly in front of the property. The visibility, frontage, and zoning create a compelling platform for a flagship retail, creative office, or experiential concept in one of Los Angeles' most recognizable beachfront locations. Positioned behind the Venice pickleball courts and at the heart of the Boardwalk, this property offers a rare chance to own a true Venice landmark, equally compelling as a personal residence, income-producing asset, or high-exposure commercial presence.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 6.0 | 3.0 | 93% |
| Square foot | 2,631 | 1,830 | 69% |
| Lot Size | 3,920 | 4,211 | 39% |
| Price | $8.00M | $2.41M | 98% |
| Price per sq ft | $3.0K | $1.3K | 98% |
| Built year | 1934 | 1947 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 102 | 177 | 20% |
Jan 10, 2026
$7,999,000
Initial Listing