2300 Grand Canal, Venice, California 90291, Venice, 90291 - 4 bed, 4 bath
2300 Grand Canal
Venice, California 90291
Property Price
SUMMARY
Analysis of 2300 Grand Canal, Venice, California 90291 reveals a property with a current list price of $3,495,000, which is 16% above the estimated $2,989,253 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Venice Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2300 Grand Canal Subject | $3,495,000* List Price | 4 | 4 | 2,550 | $1,172 | - |
A 2723 Grand Canal Sold | $3,500,000 | 3 | 3 | 2,638 | $1,327 | 0.2 mi |
B 2329 Clement Avenue Sold | $2,995,000 | 4 | 3 | 2,767 | $1,082 | 0.4 mi |
C 2336 Boone Avenue Sold | $2,950,000 | 3 | 3 | 2,810 | $1,050 | 0.6 mi |
D 2301 Eastern Canal Active | $3,495,000 List Price | 4 | 4 | 2,575 | $1,357 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1966, the property is well-maintained and move-in ready with fresh paint and some updated flooring, but remains largely unrenovated. The kitchen and bathrooms feature dated tile countertops and cabinetry that show their age, and the overall aesthetic reflects a home that has had regular upkeep rather than a modern overhaul.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Canal Frontage
The property boasts approximately 120 feet of canal frontage, which is four times the standard 30-foot width typically found on Venice Canal homes.
- Rare Corner Lot Position
As one of only six west-facing corner lots in the Venice Canals, the property enjoys superior natural light and a unique architectural advantage.
- Significant Redevelopment Potential
The oversized corner lot and dual-unit configuration offer a rare opportunity to redevelop a landmark estate or maximize rental income in a high-demand area.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2697, living area = 2550.
- Dated Construction
Built in 1966, the existing structure likely requires significant capital investment for modernization or a complete rebuild to meet contemporary luxury standards.
- Market Pricing Volatility
A recent $500,000 price reduction suggests the property was initially overvalued or has faced challenges in securing a buyer at the original premium price point.
About 2300 Grand Canal
One of only six west facing corner lots in the iconic Venice canals. Rarely available across the three canal islands, this exceptional offering features approximately 120 feet of canal frontage far exceeding the typical 30 feet found on most homes. Two units, one upstairs and one downstairs, each with canal views, abundant natural light, and excellent beach proximity. Move in or rent out as-is or redevelop to maximize the corner lot potential with ample parking. Enjoy easy access to Venice Beach and Abbot Kinney's renowned shops and restaurants. A true Southern California coastal lifestyle offering.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 2,697 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 4.0 | 3.0 | 75% |
| Square foot | 2,550 | 1,779 | 69% |
| Lot Size | 2,697 | 4,255.5 | 8% |
| Price | $3.50M | $2.45M | 88% |
| Price per sq ft | $1.4K | $1.3K | 60% |
| Built year | 1966 | 1947 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 162 | 8% |
Pricing History
Listed for Sale
Feb 8, 2026
$3,495,000
$3,995,000
-13% Price Drop
Initial Listing
Price Change
Jan 12, 2026
$3,995,000
Initial Listing