22 Navy Street 205, Venice, California 90291, Venice, 90291 - 1 bed, 1 bath
Loading property details...
Venice, California 90291
This High-Potential Investment Opportunity is listed at a List Price of $849,000, positioned above the $703,213 Fair Market Value by 20%. While the property carries a premium, its Prime Coastal Location just half a block from the ocean provides rare, long-term value. Featuring a Fair Condition Rating, the unit offers a heated pool, spa, and ocean views from the balcony. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-driven beach residence with significant rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 Navy Street 205 Subject | $849,000* List Price | 1 | 1 | 619 | $1,136 | - |
A 517 1/2 Rose Avenue Sold | $770,000 | 1 | 1 | 738 | $1,043 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1973 (51 years old). While it is well-maintained and features cosmetic updates such as newer flooring and fresh paint, the bathroom fixtures and overall building infrastructure are dated. It is functional and move-in ready, but the age of the systems and the original 1970s layout/fixtures place it in the 'Fair' category requiring minor modern updates.
Situated just half a block from the sand at the Venice and Santa Monica border, this property offers immediate access to the beach, boardwalk, and ocean views from the unit.
Positioned as the best-priced one-bedroom with an ocean view on the Westside, providing a rare entry-level opportunity for coastal living or investment.
The unit features rare in-unit laundry and gated tandem parking, while the building offers resort-style facilities and HOA dues that include earthquake insurance.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20258, other record lot size in square feet = 20358.
At only 619 square feet, the compact footprint may feel restrictive for buyers seeking a more spacious primary residence or ample storage.
The $864 monthly HOA fee is a significant recurring expense that may impact buyer affordability and overall investment yield compared to other properties.
Live the beach lifestyle just steps from the sand! Perfectly positioned in a secure building half a block from the ocean at the Santa Monica/Venice border. This is the best-priced one-bedroom with an ocean view on the Westside. Thoughtfully designed, the home features a large bedroom and full bath plus a spacious living area with views of the pool deck, boardwalk, and the Pacific ocean. Enjoy a covered balcony ideal for morning coffee, sunset wine, and soaking in the coastal breeze. The fully equipped kitchen offers generous counter space and quality appliances for effortless cooking and entertaining. Everyday convenience continues with an in-unit washer and dryer and gated tandem parking for added security and ease. Resort-style amenities include a heated pool, spa, and BBQ area creating a true stay-cation atmosphere year-round. HOA dues cover earthquake insurance, water, and trash, helping keep monthly expenses lower than many comparable properties. Whether you're searching for a primary residence, vacation getaway, or investment property, this condo delivers the perfect blend of location, comfort, and value. Private showings available. Start living the Southern California beach dream. Probate Sale, no court confirmation required.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 21% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 619 | 1,207.5 | 7% |
| Lot Size | 20,258 | 8,745.5 | 64% |
| Price | $849.0K | $1.03M | 14% |
| Price per sq ft | $1.4K | $945 | 93% |
| Built year | 1973 | 1989 | 21% |
| HOA | $864.0 | $550 | 79% |
| Days on market | 2 | 150 | 7% |
Jun 4, 2026
$849,000
Initial Listing
Jun 8, 2010
$472,500
Public Record