22 Navy Street 205, Venice, California 90291, Venice, 90291 - 1 bed, 1 bath
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Venice, California 90291
This coastal condominium presents a High-Potential Investment Opportunity with a List Price of $849,000—positioned well above the $698,608 Fair Market Value by 21%. While the property requires cosmetic updates given its Fair Condition Rating, it offers a rare, prime location just half a block from the ocean. Featuring a heated pool, spa, and panoramic ocean views, this unit is a strategic asset for Buy-and-Hold Investors or Owner-Occupants seeking a beach-side lifestyle with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 Navy Street 205 Subject | $819,000* List Price | 1 | 1 | 619 | $1,370 | - |
A 22 Navy Street 103 Active | $995,000 List Price | 1 | 1 | 619 | $1,607 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property features a dated interior consistent with a renovation older than 20 years. While the living area has been maintained, the bathroom shows aging square tile work and basic cabinetry, and the 'Probate Sale' status often indicates a home that has not been modernized recently. It is functional but requires cosmetic updates to meet current market standards.
Situated just half a block from the sand on the Venice/Santa Monica border, this property offers an enviable beach lifestyle with direct views of the Pacific Ocean and boardwalk.
Positioned as the best-priced one-bedroom with an ocean view on the Westside, this condo represents a high-value opportunity for primary residents or investors in a premium area.
The building provides a resort-like experience with a heated pool, spa, and BBQ area, while the HOA dues conveniently cover earthquake insurance, water, and trash.
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 $864 per month, the association dues are relatively high for a 619-square-foot unit, which may affect the debt-to-income ratio for some buyers.
With only 619 square feet of interior space and a tandem parking configuration, the unit may feel restrictive for those requiring more storage or easier vehicle access.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.5 |
| Square foot | 619 | 1,801.5 |
| Lot Size | 20,258 | 16,770 |
| Price | $819.0K | $1.60M |
| Price per sq ft | $1.3K | $933 |
| Built year | 1973 | 1995 |
| HOA | $864.0 | $604 |
| Days on market | 48 | 70 |
Jul 10, 2026
$819,000
$849,000
-4% Price Drop
Initial Listing
Jun 4, 2026
$849,000
Initial Listing
Jun 8, 2010
$472,500
Public Record