236 Howland Canal, Venice, California 90291, Venice, 90291 - 2 bed, 1 bath
Loading property details...
236 Howland Canal
Venice, California 90291
ACTIVE
CONDITION: POOR
2Beds
1Baths
807Sq Ft
2,833Lot Size
Property Price
LIST PRICE$1,750,000
EST. MARKET VALUE
$1,599,683
9% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,750,000—positioned well below the $1,670,828 Fair Market Value by -4%. Featuring a Canal-Front Location and a Condition Rating of 5, this 1921 cottage serves as a prime land-value asset. The property includes on-site parking for 3–4 vehicles and a detached nonconforming structure, offering significant upside for renovation or expansion. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to capitalize on a rare Venice waterfront position.
Estimated Market Value
$1,599,683
Based on Realkey algorithm analyzing recent comparable sales in Venice.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 236 Howland Canal Subject | $1,750,000* List Price | 2 | 1 | 807 | $1,982 | - |
A 727 Amoroso Place Sold | $1,850,000 | 2 | 1 | 882 | $2,098 | 0.7 mi |
B 427 Sherman Canal Sold | $1,900,000 | 2 | 2 | 1,025 | $1,854 | 0.1 mi |
C 15 29th Avenue Sold | $1,900,000 | 2 | 2 | 1,098 | $1,730 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1921, this 100+ year old cottage is marketed primarily as a land-value opportunity. While the roof was updated in 2021, the kitchen and bathroom remain significantly dated with basic fixtures, and the listing's emphasis on 'reimagining' the property suggests it requires a total rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Iconic Canal-Front Location
Situated directly on the historic Venice Canals, this property offers a rare waterfront lifestyle in one of Los Angeles’ most supply-constrained and prestigious neighborhoods.
- Exceptional Value Proposition
Priced at $1,750,000, this represents the lowest-priced canal-front opportunity in the area, sitting significantly below recent comparable sales that range from $1.9M to $2.05M.
- Rare Parking and Versatility
The property features on-site parking for 3–4 vehicles—a premium rarity in Venice—alongside a detached flexible structure ideal for a home office, gym, or creative studio.
CONSRISKS & DEFICIENCIES
- Limited Living Square Footage
At only 807 square feet, the original 1921 cottage is quite small, likely requiring a significant expansion or a complete rebuild to meet the needs of modern luxury buyers.
- Nonconforming Structure Issues
The detached bonus space is classified as nonconforming, which may present challenges with building permits, financing, or future development compliance.
About 236 Howland Canal
We're pleased to present 236 Howland Canal, a charming 1921 beach cottage set directly on the historic Venice Canals. Offered at $1,750,000 and delivered vacant at close, the property represents one of the lowest-priced canal-front opportunities in the neighborhood — a true land-value and lifestyle play in one of Los Angeles’ most iconic and supply-constrained waterfront communities. The 2-bedroom, 1-bath cottage offers ±807 square feet of classicCalifornia beach living on a 2,833 square foot canal-front lot, rich in original 1921 character. A detached nonconforming structure adds flexibility as a home office, creative studio, gym, guest space or storage, and on-site parking accommodates 3–4vehicles. The roof was replaced in 2021 with permits, using a Class A fire-rated system compliant with current California building codes. Vacant delivery gives the next owner maximum optionality: move in and enjoy the canals as-is, lease at full market rents, reimagine the cottage, or pursue a larger vision over time. Comparable canal cottages have closed between $1.90M and $2.05M over the past year — every one above the subject’s offering price.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1921
- Lot Size
- 2,833 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 807 | 1,642.642 |
| Lot Size | 2,833 | 4,668.434 |
| Price | $1.75M | $2.30M |
| Price per sq ft | $2.2K | $1.4K |
| Built year | 1921 | 1943 |
| HOA | $0 | $401 |
| Days on market | 44 | 57 |
Pricing History
Listed for Sale
Jul 27, 2026
$1,750,000
Initial Listing