
Los Angeles, California 90291
This Venice Canal-front compound is a Strong Value Opportunity, listed at $1,995,000—positioned well above the $1,807,693 Fair Market Value. While priced at a premium, the property offers a unique Condition Rating of 2 with high-end contemporary renovations. The versatile layout, featuring two bungalows and a renovated Airstream, provides exceptional rental income potential and flexible living spaces. With unobstructed canal views and a prime location near Abbot Kinney, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-vibe, turnkey coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 225 Carroll Canal Subject 2 bd · 4 ba · 864 sqft · $2,278 | $1,995,000* List Price | 2 | 4 | 864 | $2,278 | - |
A 427 Howland Canal Sold 2 bd · 1 ba · 880 sqft · $2,330 · 0.1 mi | $2,050,000 | 2 | 1 | 880 | $2,330 | 0.1 mi |
B 130 Wavecrest Avenue Sold 1 bd · 1 ba · 848 sqft · $1,783 · 0.5 mi | $1,511,700 | 1 | 1 | 848 | $1,783 | 0.5 mi |
C 430 Rialto Avenue Active 3 bd · 2 ba · 1,048 sqft · $1,884 · 0.3 mi | $1,974,000 List Price | 3 | 2 | 1,048 | $1,884 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1926, this Venice Canal compound has undergone a high-end, contemporary renovation within the last 5 years. The kitchen features modern white cabinetry, black hardware, and stainless steel appliances, while the living spaces show updated lighting and mint-condition hardwood floors. The inclusion of a 'completely renovated' Airstream and updated ensuite baths indicates that all systems and finishes are in top-tier, move-in-ready condition.
Situated directly on the historic Venice Canals, this property offers a rare opportunity for iconic waterfront living with immediate walkability to the beach and Abbot Kinney.
The unique configuration of two separate bungalows plus a renovated Airstream provides exceptional flexibility for creative studios, guest quarters, or high-potential rental income.
A private central courtyard and multiple canal-facing patios maximize the California lifestyle, effectively expanding the living area into the lush, coastal surroundings.
At just 864 square feet, the interior living space is quite compact for the price point, which may challenge buyers looking for traditional large-scale rooms.
Built in 1926, the property’s historic nature may require ongoing maintenance and updates to modern standards compared to newer builds in the area.
A RARE VENICE ORIGINAL - WHERE CANAL LIFE MEETS CALIFORNIA COOL. Welcome to a one-of-a-kind canal-front compound that feels less like a house and more like your own private slice of Venice. Tucked along the historic Venice Canals, this effortlessly eclectic property blends indoor-outdoor living, creative spaces, and serious California charm into one incredibly cool package. With two bedrooms, three baths, multiple patios, and a collection of spaces designed for living, lounging, entertaining, and escaping, this is Venice living with personality. The front bungalow sets the tone with an open living and dining space, full kitchen, and water views that put the canals center stage. Step outside to the front patio and suddenly your morning coffee, afternoon glass of wine, or evening hang feels a little more magical. Inside and out, the home has that coveted Venice energy, casual, creative, relaxed, and completely connected to its surroundings. At the heart of the property is a private courtyard that becomes its own outdoor living room, with room for long dinners, cocktails with friends, lounging in the sun, or late nights under the stars. The rear bungalow adds two connected bedrooms, each with its own private entrance and ensuite bath, offering a flexible setup for guests, work, or simply a little separation from the main house. And then there's the Airstream. Completely renovated and tucked into the back of the property, this iconic little hideaway comes with its own patio, kitchenette, bath, and sleeping space. Think guest suite, creative studio, weekend escape or the coolest hangout in the neighborhood. It gives the property an unexpected, distinctly Venice twist. It's a mini-compound with soul, a place where the canals become your front yard, the courtyard becomes your living room, and every day feels a little more like vacation, excellent Rental Potential as well! Walk to the beach, Abbot Kinney, neighborhood restaurants, coffee, shops, and everything that makes Venice one of LA's most magnetic places to live. Come for the canals ~ Stay for the vibe.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 864 | 1,675.469 |
| Lot Size | 2,400 | 6,126.393 |
| Price | $2.00M | $1.34M |
| Price per sq ft | $2.3K | $800 |
| Built year | 1926 | 1941 |
| HOA | $0 | $262 |
| Days on market | 37 | 56 |
Sep 17, 2026
$1,995,000
Initial Listing
Feb 1, 2023
$1,775,000
Public Record