
Los Angeles, California 90291
This Turnkey Venice Compound is a Strong Value Opportunity, listed at $2,890,000—positioned above the $2,700,081 Fair Market Value. While priced at a premium, the property offers an Excellent Condition Rating following a meticulous ground-up renovation. Key features include a gourmet Wolf/Bosch kitchen, solid white oak floors, and a newly permitted 2025 wellness ADU with an infrared sauna. Situated on an expansive 6,641 sqft lot with a private Ipe deck, this sanctuary is ideal for luxury-seeking homeowners or discerning professionals desiring a move-in ready coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2013 Walnut Avenue Subject | $2,890,000* List Price | 3 | 3 | 1,717 | $1,573 | - |
A 1145 Palms Boulevard Sold | $2,430,000 | 3 | 3 | 1,718 | $1,414 | 0.2 mi |
B 1314 Preston Way Sold | $2,800,000 | 3 | 2 | 1,611 | $1,738 | 0.2 mi |
C 1090 Superba Avenue Sold | $2,675,000 | 3 | 2 | 1,460 | $1,832 | 0.1 mi |
D 754 California Avenue Sold | $2,050,000 | 3 | 3 | 1,511 | $1,357 | 0.7 mi |
E 1000 Indiana Avenue Sold | $2,250,000 | 3 | 2 | 1,452 | $1,550 | 0.5 mi |
F 1009 Vernon Avenue Sold | $2,675,000 | 3 | 2 | 1,896 | $1,411 | 0.6 mi |
G 911 Venezia Avenue Sold | $2,750,000 | 2 | 2 | 1,537 | $1,789 | 0.4 mi |
H 1025 Nowita Place Sold | $2,595,000 | 5 | 3 | 2,193 | $1,183 | 0.3 mi |
I 1060 Superba Avenue Active Under Contract | $2,449,000 List Price | 3 | 2 | 1,536 | $1,594 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Meticulous ground-up renovation with high-end finishes and a brand new 2025 ADU. All major systems including HVAC, electrical, plumbing, roof, and foundation have been rebuilt or upgraded, meeting the criteria for mint condition with no maintenance required.
A meticulous ground-up renovation features a rebuilt foundation, new roof, and upgraded systems, combining modern structural integrity with high-end finishes like white oak floors and a gourmet Wolf/Bosch kitchen.
The newly permitted 2025 ADU serves as a sophisticated retreat, boasting a cedar-plank ceiling, radiant heat flooring, and a built-in infrared sauna, providing exceptional versatility for guests or a home office.
Situated on a rare 6,641 sqft lot, the property offers an unusually large backyard for Venice, complete with a premium Ipe deck and sufficient space to install a full-sized swimmer’s pool.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1717, other record living area = 1241.
At a list price of $2.89M for 1,717 total square feet, the property commands a significant premium that may challenge appraisals or buyers seeking more interior volume for the price.
The main residence offers only two traditional bedrooms plus a flex space, which may be a constraint for families or buyers requiring three distinct bedrooms within the main house.
Breathtakingly reimagined Venice compound is set on one of the larger lots east of Lincoln Boulevard. A meticulous renovation transformed the property from the ground up, preserving its soul while introducing exceptional craftsmanship and modern infrastructure. Main residence offers two bedrooms and two bathrooms with a third room, ensuite, serving as a flex/laundry/creative space. Current features include solid white oak floors, custom millwork in dining area and Velux skylights. The gourmet kitchen pairs custom cabinetry and distinctive Bedrosians tile with a Wolf range, Bosch dishwasher, and GE Monogram refrigerator/freezer. A relaxed living space opens to an expansive Ipe deck and covered pergola overlooking an enormous backyard with ample room for a swimmer's pool. Major improvements include a rebuilt foundation, roof and extensive framing, copper plumbing, upgraded electrical, Milgard windows, HVAC, smooth stucco, drought-tolerant landscaping, irrigation, and whole-house water filtration. Across the grounds, a permitted ADU with its own address and completed in 2025 elevates the property into a true Venice wellness retreat. Inspired by the serenity of resorts such as Amangiri, its dramatic central space features a Mereworth Linear chandelier, cedar-plank ceiling, Stuga white oak flooring with radiant heat, and brushed ivory travertine surfaces. A kitchenette, dedicated office, beautifully tiled three-quarter bath, and Heavenly Heat infrared sauna create extraordinary flexibility for guests, work, fitness, meditation, or relaxation. Minutes from Venice Beach, Abbot Kinney Boulevard, Gold's Gym Venice, Erewhon, dining, shopping, and the best of the Westside, this is more than a home - it's a private California sanctuary in the heart of Venice.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,717 | 1,664.159 |
| Lot Size | 6,641 | 6,066.556 |
| Price | $2.89M | $1.35M |
| Price per sq ft | $1.7K | $806 |
| Built year | 1926 | 1939 |
| HOA | $0 | $278 |
| Days on market | 13 | 55 |
Aug 27, 2026
$2,890,000
Initial Listing
Apr 26, 2021
$1,960,000
Public Record
Sep 2, 1999
$280,000
Public Record