
Venice, California 90291
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,795,000—positioned well below the $1,914,745 Fair Market Value by 6%. This valuation gap provides $119,745 in Instant Equity. Featuring a Mint Condition Rating, the home includes a Wolf range, Quartzite countertops, and R2-1 Zoning for ADU potential. With its private garden oasis and proximity to Abbot Kinney, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2458 Walnut Avenue Subject | $1,795,000* List Price | 3 | 1 | 1,124 | $1,704 | - |
A 2477 Walnut Avenue Sold | $1,885,000 | 4 | 2 | 1,398 | $1,348 | 0.1 mi |
B 2418 Walnut Avenue Sold | $2,125,000 | 3 | 3 | 1,122 | $1,894 | 0.1 mi |
C 804 Boccaccio Avenue Sold | $1,825,000 | 2 | 3 | 1,032 | $1,768 | 0.5 mi |
D 1000 Indiana Avenue Sold | $2,250,000 | 3 | 2 | 1,452 | $1,550 | 1.0 mi |
E 2432 Wilson Avenue Sold | $1,600,000 | 3 | 2 | 930 | $1,720 | 0.8 mi |
F 754 California Avenue Sold | $2,050,000 | 3 | 3 | 1,511 | $1,357 | 0.8 mi |
G 1126 Grant Avenue Sold | $2,120,000 | 3 | 3 | 1,378 | $1,538 | 0.2 mi |
H 1034 Oakwood Avenue Sold | $1,800,000 | 2 | 1 | 898 | $2,004 | 0.9 mi |
I 1163 Nelrose Avenue Active | $1,800,000 List Price | 3 | 2 | 1,288 | $1,398 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1947, the property has undergone a high-end, recent renovation featuring a refreshed kitchen with premium Wolf appliances and Quartzite countertops, new wood flooring, and a designer-appointed bathroom with glass mosaic tile, placing it in mint condition.
The property is situated on a generous 5,847 sqft lot with R2-1 zoning, providing a rare opportunity for future expansion or the addition of an Accessory Dwelling Unit (ADU).
The home features high-end finishes including a Wolf range, Quartzite countertops, and designer-appointed bathrooms, blending modern luxury with classic bungalow character.
A private garden oasis with a flagstone terrace, mature landscaping, and a lawn large enough for a pool offers superior indoor-outdoor flow that is highly coveted in Venice.
With three bedrooms but only one bathroom, the home's layout may be a significant drawback for families or buyers prioritizing convenience and privacy.
At 1,124 square feet, the living spaces and bedrooms may feel undersized for a three-bedroom residence, potentially limiting appeal for those seeking more spacious indoor environments.
Set on one of Venice's most charming tree-lined streets, this thoughtfully updated three-bedroom bungalow pairs modern design with the warmth and character of a classic Venice home. Set on a generous private lot surrounded by mature landscaping, the light-filled interior features clean lines, new wood floors, beamed ceilings, and an open floor plan that creates an effortless flow between the living, dining, and kitchen spaces. The recently refreshed kitchen is both stylish and functional, with new Quartzite countertops, a Wolf range, updated cabinetry, and abundant storage. Walls of glass and French doors extend the living spaces outdoors to a private garden oasis, where a broad grassy lawn large enough to accommodate a pool joins a flagstone dining terrace and separate lounge area for relaxed entertaining. The primary opens through French doors to a secluded patio shaded by a magnificent magnolia tree. Its designer-appointed bath features glass mosaic tile, custom built-ins, and stone flooring. A detached two-car garage adds convenience and flexibility, while a second parking area currently serves as a generous gardening space ideal for those with a passion for growing vegetables and herbs and cooking at home. Zoned R2-1, the property also offers the potential for an additional dwelling unit, subject to applicable regulations and approvals. Just moments from Abbot Kinney, the beach, and the best of Venice, 2458 Walnut Avenue offers a rare combination of architectural style, privacy, generous outdoor spaces, and future potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 1,124 | 1,642.642 |
| Lot Size | 5,847 | 4,668.434 |
| Price | $1.79M | $2.30M |
| Price per sq ft | $1.6K | $1.4K |
| Built year | 1947 | 1943 |
| HOA | $0 | $401 |
| Days on market | 13 | 57 |
Aug 27, 2026
$1,795,000
Initial Listing
Apr 1, 1999
$270,000
Public Record