2429 Cloy Avenue, Venice, California 90291, Venice, 90291 - 3 bed, 2 bath
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2429 Cloy Avenue
Venice, California 90291
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,317Sq Ft
3,604Lot Size
Property Price
LIST PRICE$1,975,000
EST. MARKET VALUE
$2,037,673
3% BelowMARKET VALUE
SUMMARY
This Turnkey Beach Home is a Strong Value Opportunity, listed at $1,975,000—positioned well below the $2,037,674 Fair Market Value by 3%. This valuation gap offers $62,674 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a new roof, hardwood floors, and a finished flex-space garage. Ideally located in the Silver Triangle, this property offers a premium lifestyle for Owner-Occupants or sophisticated investors seeking a move-in ready asset near the Venice Canals.
Estimated Market Value
$2,037,673+$62,673 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2429 Cloy Avenue Subject 3 bd · 2 ba · 1,317 sqft · $1,547 | $1,975,000* List Price | 3 | 2 | 1,317 | $1,547 | - |
A 2432 Wilson Avenue Sold 3 bd · 2 ba · 930 sqft · $1,720 · 0.1 mi | $1,600,000 | 3 | 2 | 930 | $1,720 | 0.1 mi |
B 703 Marco Place Sold 3 bd · 2 ba · 1,305 sqft · $1,912 · 0.4 mi | $2,495,000 | 3 | 2 | 1,305 | $1,912 | 0.4 mi |
C 859 Nowita Place Sold 3 bd · 2 ba · 1,234 sqft · $1,888 · 0.7 mi | $2,330,000 | 3 | 2 | 1,234 | $1,888 | 0.7 mi |
D 911 Superba Avenue Sold 3 bd · 2 ba · 1,187 sqft · $1,727 · 0.7 mi | $2,050,000 | 3 | 2 | 1,187 | $1,727 | 0.7 mi |
E 804 Boccaccio Avenue Sold 2 bd · 3 ba · 1,032 sqft · $1,768 · 0.4 mi | $1,825,000 | 2 | 3 | 1,032 | $1,768 | 0.4 mi |
F 2904 Beach Avenue Sold 4 bd · 4 ba · 1,754 sqft · $1,440 · 0.1 mi | $2,525,000 | 4 | 4 | 1,754 | $1,440 | 0.1 mi |
G 1060 Superba Avenue Sold 3 bd · 2 ba · 1,536 sqft · $1,594 · 0.9 mi | $2,449,000 | 3 | 2 | 1,536 | $1,594 | 0.9 mi |
H 1126 Grant Avenue Sold 3 bd · 3 ba · 1,378 sqft · $1,538 · 0.7 mi | $2,120,000 | 3 | 3 | 1,378 | $1,538 | 0.7 mi |
I 2615 Beach Avenue Pending 3 bd · 2 ba · 1,216 sqft · $1,397 · 0.2 mi | $1,699,000 List Price | 3 | 2 | 1,216 | $1,397 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1975, the home is well-maintained and move-in ready with significant updates including a new roof, fresh paint, and hardwood floors. Interior images show modern bathroom vanities and updated laundry systems, and the addition of a mini-split HVAC in the garage indicates functional system upgrades consistent with a 5-15 year renovation cycle.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Silver Triangle Location
Situated in the highly coveted Silver Triangle neighborhood, this home offers exceptional walkability to the Venice Canals, the beach, and the world-class dining and shopping on Abbot Kinney Boulevard.
- Versatile Finished Flex Space
The fully finished two-car garage, complete with skylights and a mini-split system, provides a high-quality, climate-controlled space perfect for a professional home office, creative studio, or gym.
- Exceptional Indoor-Outdoor Flow
French doors lead to a private, lushly landscaped outdoor oasis featuring a pergola-covered dining area and sunny deck, maximizing the usable living space and embracing the California lifestyle.
CONSRISKS & DEFICIENCIES
- High Price Per Square Foot
At a list price of $1,975,000 for 1,317 square feet, the property commands a premium price point that may challenge buyers looking for more interior volume for their investment.
- Compact Lot Size
The 3,604 square foot lot is relatively modest, which limits the potential for future expansions or large-scale outdoor amenities compared to other residential offerings.
About 2429 Cloy Avenue
Rare Silver Triangle 3-bedroom beach home near the Venice Canals and just a few blocks from the beach. Freshly painted, fully fenced and topped with a new roof, this breezy 3-bed, 2-bath home is filled with natural light, high ceilings, skylights and warm hardwood floors. French doors open to private outdoor spaces designed for easy California living, including al fresco dining beneath a pergola framed by cascading bougainvillea, a sunny deck and lush garden areas for relaxing and entertaining. The bright kitchen offers generous counter space and connects easily to the outdoor dining area. A fully finished two car garage with skylights and a mini-split adds flexible space for an office, studio, gym or creative retreat. Ideally located near the Venice Canals, beach and Abbot Kinney Boulevard, with standout cafes, restaurants and boutiques close by. Private, light-filled and effortlessly Venice.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 3,604 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,317 | 1,674.03 |
| Lot Size | 3,604 | 4,310.258 |
| Price | $1.98M | $2.32M |
| Price per sq ft | $1.5K | $1.4K |
| Built year | 1975 | 1944 |
| HOA | $0 | $401 |
| Days on market | 46 | 61 |
Pricing History
Listed for Sale
Sep 8, 2026
$1,975,000
Initial Listing
Sold
Oct 24, 2017
$1,753,000
Public Record
Sold
Sep 30, 2015
$1,650,000
Public Record
Sold
Dec 27, 2006
$995,000
Public Record