
Los Angeles, California 90291
This Architectural Venice Residence is a Strong Value Opportunity, listed at $2,395,000—positioned well below the $2,719,560 Fair Market Value by 11%. This valuation gap offers $324,560 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts high-end Berkeley Mills cabinetry and a rooftop deck with sunset views. Its modern, tri-level design is perfect for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, move-in ready coastal lifestyle near Abbot Kinney.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2027 Oakwood Avenue Subject | $2,395,000* List Price | 3 | 3 | 1,965 | $1,384 | - |
A 2332 Ocean Avenue Sold | $2,409,000 | 3 | 3 | 1,672 | $1,441 | 0.5 mi |
B 812 Brooks Avenue Sold | $2,485,000 | 3 | 4 | 2,092 | $1,188 | 0.5 mi |
C 1215 Cabrillo Avenue Sold | $2,558,500 | 2 | 2 | 1,632 | $1,568 | 0.6 mi |
D 906 Superba Avenue Sold | $2,750,000 | 3 | 3 | 1,830 | $1,503 | 0.2 mi |
E 719 Nowita Place Active Under Contract | $2,899,000 List Price | 3 | 4 | 2,238 | $1,295 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1985, the property has undergone high-end renovations within the last 5 years. The kitchen is fully updated with custom Berkeley Mills cabinetry and premium Viking, Sub-Zero, and Miele appliances. Bathrooms are described as updated and spa-like with modern fixtures. The addition of a Tesla EV charging station indicates updated electrical systems, and the overall interior shows mint-condition architectural finishes and flooring.
Designed by David Reddy of R&D Architects, the home features striking modern geometry, soaring volumes, and sculptural forms that create a sophisticated and light-filled atmosphere.
Situated just moments from the iconic Venice Canals and the premier boutiques and dining of Abbot Kinney Boulevard, the property offers an exceptional walk-score and coastal lifestyle.
The kitchen is a standout feature, boasting custom Berkeley Mills cabinetry and a premium appliance suite including Viking, Sub-Zero, and Miele, ensuring a luxury culinary experience.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2656, living area = 1965.
The tri-level floor plan may be a drawback for buyers seeking a traditional single-story flow or those with mobility concerns due to the frequent use of stairs.
With a lot size of 2,656 square feet, the outdoor yard space is relatively limited, which is common for Venice but may restrict buyers looking for expansive private grounds.
Defined by sculptural forms, soaring volumes, and light-filled interiors, this exceptional tri-level Venice residence is a compelling expression of modern California architecture. Designed by David Reddy of R&D Architects, the home pairs striking geometry with an effortless indoor-outdoor lifestyle, just moments from the iconic Venice Canals and the boutiques, cafes, and acclaimed dining of Abbot Kinney Boulevard. Dramatic angular ceilings, expansive walls of glass, and French doors flood the interiors with natural light, while the open-concept living and dining spaces are crowned by an architectural loft that enhances the home's remarkable sense of scale. The renovated kitchen showcases custom cabinetry by Berkeley Mills, concealed storage hidden behind a sleek glass backsplash, and a premium suite of Viking, Sub-Zero, and Miele appliances. Spanning three levels, the flexible floor plan offers three bedrooms, a loft, and three bathrooms. Two spacious bedrooms occupy the first level, including one with a walk-in closet and direct outdoor access, accompanied by a beautifully updated bath. The upper-level bedroom features a charming window-lined alcove, dual closets, and a spa-like bath with a soaking tub and separate shower. The third-level loft offers an ideal home office, creative studio, or guest retreat, complete with its own bath and overlooking the living room through an industrial steel railing. Just beyond, a pergola-covered rooftop deck extends the living experience outdoors, capturing open-sky and sunset views. The garage includes an EV Tesla charging station. A private front patio and yard provide additional space for entertaining or relaxing, while Venice's celebrated restaurants, boutique shopping, galleries, beaches, and vibrant arts scene are all just moments away.
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 | 1,965 | 1,664.159 |
| Lot Size | 2,656 | 6,066.556 |
| Price | $2.40M | $1.35M |
| Price per sq ft | $1.2K | $806 |
| Built year | 1985 | 1939 |
| HOA | $0 | $278 |
| Days on market | 33 | 55 |
Aug 7, 2026
$2,395,000
Initial Listing
Apr 7, 2022
$2,360,000
Public Record
Aug 9, 2002
$750,000
Public Record