
Venice, California 90291
This property presents a High-Potential Investment Opportunity with a List Price of $1,750,000—positioned well below the $1,763,892 Fair Market Value by 0.79%. This valuation gap offers $13,892 in Instant Equity. With a Condition Rating of 5, the home requires significant modernization, yet the 5,848-square-foot lot with alley access provides an ideal canvas for redevelopment. This is a strategic acquisition for Fix-and-Flip Investors or Developers seeking to capitalize on Venice’s high-demand luxury market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2421 Glyndon Avenue Subject 4 bd · 3 ba · 2,041 sqft · $864 | $1,750,000* List Price | 4 | 3 | 2,041 | $864 | - |
A 837 Venice Sold 4 bd · 3 ba · 2,170 sqft · $783 · 0.4 mi | $1,699,000 | 4 | 3 | 2,170 | $783 | 0.4 mi |
B 1519 Glyndon Avenue Sold 4 bd · 3 ba · 2,248 sqft · $954 · 0.8 mi | $2,145,000 | 4 | 3 | 2,248 | $954 | 0.8 mi |
C 1113 Palms Boulevard Sold 3 bd · 3 ba · 1,897 sqft · $896 · 0.6 mi | $1,700,000 | 3 | 3 | 1,897 | $896 | 0.6 mi |
D 656 Angelus Place Sold 3 bd · 2 ba · 2,091 sqft · $1,004 · 0.5 mi | $2,100,000 | 3 | 2 | 2,091 | $1,004 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Originally built in 1912 with interior updates (kitchen and baths) that appear to be over 30 years old. The listing explicitly markets the property as a redevelopment opportunity for a new residence, indicating the structure needs a total rehab to meet modern standards.
Situated on a charming tree-lined street in a highly sought-after Venice neighborhood, the property is minutes from Venice Beach and Marina Del Rey, surrounded by luxury new construction that supports high resale values.
The generous 5,848-square-foot lot features a 45-foot frontage and valuable alley access, providing an ideal canvas for a major renovation or the construction of a high-end new residence.
With over 2,000 square feet, four bedrooms, and a detached garage with workshop space, the home offers a flexible floor plan filled with natural light and unique architectural details like exposed beams and skylights.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2041, other record living area = 1116. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Originally built in 1912, the property likely requires substantial modernization of its core systems and finishes to meet contemporary luxury standards or to be fully restored.
The property does not offer ocean or city views, which may be a competitive disadvantage compared to other premium listings in the coastal Venice market.
An incredible opportunity awaits,whether you're seeking a character-filled home to make your own or an exceptional redevelopment opportunity. Situated on a desirable 5,848-square-foot lot measuring approximately 45 feet wide by 130 feet deep, with the added benefit of alley access, this property is located along a charming tree-lined street in a sought-after Venice neighborhood surrounded by established residences and luxury new construction achieving impressive sale prices. Just moments from Venice Beach, Marina Del Rey, Marina Marketplace, and an exceptional array of shopping, dining, and lifestyle amenities, the location offers the best of Westside living. This inviting 4-bedroom, 3-bathroom residence offers a spacious and versatile floor plan filled with natural light and charming architectural details. A welcoming foyer leads to an expansive living area and a generously sized formal dining room, while the kitchen showcases exposed wood beams, a skylight, and a delightful breakfast nook surrounded by windows overlooking the outdoors. The main level features a comfortable bedroom with a spacious ensuite bathroom, along with a generously sized second bedroom highlighted by a skylight and a wall of windows overlooking the backyard, offering wonderful flexibility as a home office or creative space. An additional bathroom completes the downstairs. Upstairs, two more generously sized bedrooms, a bathroom, and a cozy bonus area provide additional living space and flexibility. Outdoors, the property continues to delight with a sun-drenched backyard featuring a spacious rear patio, charming brick walkways, mature landscaping, and white lattice accents providing added privacy. A detached garage with workshop space offers additional possibilities for storage, hobbies, or creative pursuits. With its generous lot dimensions, 45-foot frontage, and alley access, the property presents an exciting opportunity to restore, renovate, or explore the possibilities of designing and building an entirely new residence. Whether you envision bringing new life to the existing home's original charm or creating your dream property from the ground up, the possibilities are plentiful. A rare opportunity in one of Venice's desirable residential neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.4 |
| Square foot | 2,041 | 1,674.03 |
| Lot Size | 5,848 | 4,310.258 |
| Price | $1.75M | $2.32M |
| Price per sq ft | $857 | $1.4K |
| Built year | 1912 | 1944 |
| HOA | $0 | $401 |
| Days on market | 10 | 61 |
Oct 14, 2026
$1,750,000
Initial Listing