
Venice, California 90291
This Modern Coastal Duplex represents a Strong Value Opportunity, listed at $3,180,000—positioned well below the $3,227,988 Fair Market Value by 1%. This valuation gap offers $47,988 in Instant Equity. Featuring an Excellent Condition Rating with extensive structural upgrades and premium appliances, the property offers a turnkey Canal-front lifestyle. With dual-unit versatility, it is an ideal acquisition for Buy-and-Hold Investors seeking income potential or Owner-Occupants desiring a refined, multi-generational coastal retreat in the heart of Venice.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 223 Howland Canal Subject | $3,180,000* List Price | 4 | 4 | 1,958 | $1,649 | - |
A 218 Venice Way Active | $2,470,000 List Price | 0 | 0 | 1,448 | $1,706 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive renovation within the last 3 years, including new electrical, plumbing, roofing, and structural components. The kitchens feature premium Sub-Zero and Viking appliances, and the bathrooms are modern with high-end finishes. With all major systems updated and mint-condition interiors, it meets the criteria for virtually new construction.
Ideally positioned on a prime interior lot of the iconic Venice Canals, the property features a private deck with serene water views and seamless indoor-outdoor flow.
The residence has undergone significant structural and system renovations, including new plumbing, electrical, and roofing, providing the reliability and performance of new construction.
As a duplex with two independent living spaces and an attached two-car garage, it offers exceptional flexibility for rental income, multi-generational living, or a guest retreat.
With a list price of $3.18M for under 2,000 square feet, the property commands a premium valuation that may challenge buyers looking for more interior volume.
The 2,849 square foot lot is relatively compact, restricting private outdoor yard space primarily to the canal-front deck and entry courtyard.
Modern Coastal Cottage on the Canal with Two Private Living Spaces. Ideally positioned on a prime interior lot within the iconic Venice Canals, this thoughtfully designed residence blends lifestyle, flexibility, and timeless coastal design in the heart of Venice Beach and Silicon Beach. A private courtyard entry sets the tone, while the attached two-car garage offers a rare level of convenience for canal living. The primary residence is anchored by a light-filled great room with vaulted ceilings, expansive windows, and seamless indoor-outdoor flow, featuring bifold doors that open to a private canal-front deck capturing serene water views, natural light, and a sense of openness and tranquility. The layout includes 2 bedrooms and 3 bathrooms, with two ensuite bedrooms and a guest powder room, and a kitchen appointed with premium Sub-Zero, Viking, and Bosch appliances. The secondary residence offers 2 bedrooms and 1 bathroom, indoor laundry, vaulted ceilings, abundant natural light, and efficient three-zone mini-split systems, creating a comfortable and fully independent living space. Extensively upgraded over a three-year period, the property features new water heaters, electrical, plumbing, structural components, roofing, and windows, along with a 200-amp panel upgrade to be completed prior to close of escrow—delivering the feel and performance of virtually new construction. Rarely does a property combine this level of charm, quality, and versatility—equally suited as a primary residence, multigenerational compound, refined coastal retreat, or high-demand investment with income potential, all just moments from the beach, Abbot Kinney, and the best of Venice living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 8.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 1,958 | 2,552 |
| Lot Size | 2,849 | 4,061 |
| Price | $3.18M | $1.61M |
| Price per sq ft | $1.6K | $990 |
| Built year | 1962 | 1942 |
| HOA | $0 | $0 |
| Days on market | 12 | 208 |
Jul 10, 2026
$3,180,000
Initial Listing
Mar 9, 2023
$2,000,000
Public Record
Feb 15, 1994
$376,000
Public Record