2005 Walnut Avenue, Venice, California 90291, Venice, 90291 - 4 bed, 3 bath
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2005 Walnut Avenue
Venice, California 90291
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,868Sq Ft
6,641Lot Size
Property Price
LIST PRICE$3,315,000
EST. MARKET VALUE
$3,194,854
3% AboveMARKET VALUE
SUMMARY
This Stunning Modern Residence is a Strong Value Opportunity, listed at $3,315,000—positioned well below the $3,323,857 Fair Market Value by 0.27%. This valuation gap offers $8,857 in Instant Equity. Featuring a Condition Rating of 3, this move-in ready home boasts a Gourmet Kitchen with professional-grade appliances and Solar Panels. Its seamless indoor-outdoor flow and private yard provide a sophisticated lifestyle in a prime Venice location. This property is an ideal acquisition for Owner-Occupants or discerning professionals seeking a turnkey coastal sanctuary.
Estimated Market Value
$3,194,854
Based on Realkey algorithm analyzing recent comparable sales in Venice.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2005 Walnut Avenue Subject | $3,315,000* List Price | 4 | 3 | 2,868 | $1,114 | - |
A 1025 Nowita Place Sold | $2,595,000 | 5 | 3 | 2,193 | $1,183 | 0.3 mi |
B 1016 Palms Boulevard Sold | $3,300,000 | 4 | 5 | 3,655 | $903 | 0.3 mi |
C 967 Vernon Avenue Sold | $2,800,000 | 4 | 4 | 2,631 | $1,064 | 0.5 mi |
D 2026 Louella Avenue Sold | $3,950,000 | 4 | 5 | 3,400 | $1,162 | 0.2 mi |
E 1531 Louella Avenue Sold | $3,900,000 | 3 | 4 | 3,209 | $1,215 | 0.4 mi |
F 2214 Glencoe Avenue Sold | $3,750,000 | 5 | 5 | 2,785 | $1,346 | 0.3 mi |
G 1377 Preston Way Sold | $2,855,162 | 3 | 3 | 2,579 | $1,107 | 0.3 mi |
H 1009 Vernon Avenue Sold | $2,675,000 | 3 | 2 | 1,896 | $1,411 | 0.5 mi |
I 1126 Indiana Avenue Active | $3,045,000 List Price | 4 | 4 | 2,523 | $1,207 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006, this 20-year-old property is in well-maintained, move-in ready condition. It features high-end functional elements including a kitchen with professional-grade Thermador and Subzero appliances, modern floating vanities in the bathrooms, and updated systems such as roof-top solar and a whole-house water softener.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Indoor-Outdoor Design
Built in 2006, this residence features a sophisticated open floor plan with expansive windows and sliding glass doors that create a seamless transition to a private, professionally landscaped yard.
- High-End Gourmet Kitchen
The chef's kitchen is equipped with premium professional-grade appliances, including a Thermador range, Subzero refrigerator, and Bosch dishwasher, complemented by a dedicated pantry and ample storage.
- Sustainable & Functional Upgrades
The property is outfitted with eco-friendly and high-utility features including roof-top solar panels, a whole-house water softener, and a specialized kitchen water filtration system.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
Despite its premium location and price point, the property lacks any significant ocean, mountain, or city views, which are often highly coveted in the Venice luxury market.
- Single-Level Lot Coverage
As a nearly 2,900 square foot single-story home on a 6,641 square foot lot, the building's footprint occupies a significant portion of the land, potentially limiting the scale of outdoor recreational space compared to multi-story alternatives.
About 2005 Walnut Avenue
Discover this stunning modern four bedroom + office home nestled on a tranquil tree-lined street in one of Venice's most desirable neighborhoods. Designed with understated sophistication, this single level residence has an open floor plan seamlessly connecting the living, dining and kitchen areas, perfect for entertaining. Expansive windows flood the home with natural light, while two sets of sliding glass doors create a harmonious indoor-outdoor flow to a beautifully landscaped, very private yard. Indulge your culinary skills and entertain with ease in the spacious kitchen, with professional Thermador range/oven, Subzero refrigerator, Bosch dishwasher, dedicated pantry plus ample additional storage. The sun-filled primary suite offers a wood-burning fireplace, sliding glass doors that open to the lush backyard and ensuite elegant bath. Additional features include a large 2-car garage, energy-efficient systems, and roof-top solar panels. Special water filtration system has been installed in the kitchen along with a water-softener for the entire house. A special location near vibrant shops, fine dining, coffee houses, Penmar Park golf and tennis and Venice Beach.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 6,641 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,868 | 1,642.642 |
| Lot Size | 6,641 | 4,668.434 |
| Price | $3.31M | $2.30M |
| Price per sq ft | $1.2K | $1.4K |
| Built year | 2006 | 1943 |
| HOA | $0 | $401 |
| Days on market | 37 | 57 |
Pricing History
Listed for Sale
Aug 3, 2026
$3,315,000
Initial Listing
Sold
Jun 27, 2014
$2,250,000
Public Record
Sold
Dec 6, 2007
$1,650,000
Public Record
Sold
Aug 26, 2004
$700,000
Public Record