
Venice, California 90291
This Venice Craftsman Bungalow is a Strong Value Opportunity, listed at $1,495,000—positioned well below the $1,630,594 Fair Market Value by 8%. This valuation gap offers $135,594 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this turn-key property includes a chef's kitchen, private backyard deck, and a converted garage studio. Its iconic beachside location and versatile layout make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 247 Windward Avenue Subject 2 bd · 1 ba · 1,079 sqft · $1,511 | $1,495,000* List Price | 2 | 1 | 1,079 | $1,511 | - |
A 109 Dudley Avenue Sold 1 bd · 3 ba · 1,024 sqft · $1,465 · 0.6 mi | $1,500,000 | 1 | 3 | 1,024 | $1,465 | 0.6 mi |
B 804 Boccaccio Avenue Sold 2 bd · 3 ba · 1,032 sqft · $1,768 · 0.8 mi | $1,825,000 | 2 | 3 | 1,032 | $1,768 | 0.8 mi |
C 724 San Miguel Avenue Sold 3 bd · 3 ba · 1,236 sqft · $1,161 · 0.6 mi | $1,435,000 | 3 | 3 | 1,236 | $1,161 | 0.6 mi |
D 130 Wavecrest Avenue Sold 1 bd · 1 ba · 848 sqft · $1,783 · 0.3 mi | $1,511,700 | 1 | 1 | 848 | $1,783 | 0.3 mi |
E 2432 Wilson Avenue Sold 3 bd · 2 ba · 930 sqft · $1,720 · 0.7 mi | $1,600,000 | 3 | 2 | 930 | $1,720 | 0.7 mi |
F 2328 Beach Avenue Active 2 bd · 2 ba · 1,196 sqft · $1,329 · 0.4 mi | $1,589,000 List Price | 2 | 2 | 1,196 | $1,329 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1920 build date, this property is a turn-key renovation in mint condition. It features a modern chef's kitchen, an updated primary bath with a walk-in shower, and high-quality finishes like polished concrete floors in the flex studio and new wood decking. The description and visuals indicate a comprehensive renovation likely within the last 5 years, requiring no immediate maintenance.
Situated on the iconic Windward Avenue, this property offers an unbeatable beachside lifestyle with high walkability and significant potential as a high-performing short-term rental.
The inclusion of a light-filled private office and a converted garage studio provides essential flexibility for creative professionals or additional guest accommodations.
The private backyard features a deck, built-in fire pit, and a post-surf outdoor shower, perfectly capturing the indoor-outdoor flow desired in Southern California.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1079, other record living area = 820.
With only one bathroom serving two bedrooms and a flex studio, the layout may present logistical challenges for families or groups.
The modest square footage and small lot size limit the potential for significant interior expansion or large-scale landscaping projects.
Experience quintessential coastal living in this stunning Venice Craftsman bungalow, where classic architectural charm meets effortless indoor/outdoor entertaining. Bathed in natural light from oversized windows, the expansive open floor plan boasts dramatic pitched ceilings, a spacious chef's kitchen, and an inviting great room. Double French doors open directly onto a private backyard deck with overhead bistro lighting featuring a built-in fire pit, and a post-surf outdoor shower, perfect for sunset gatherings or unwinding after a day on the water. The primary suite offers a peaceful sanctuary with a generous sitting area, an updated modern bath with a walk-in shower, and a light-filled private office opening to a sun-soaked front patio framed by sweet-smelling lemon trees. A converted garage with laundry functions as a high-value flex studio or creative space. Additional highlights include a secure gated entry and designated off-street parking. With its iconic beachside location, versatile layout, and sought-after amenities, this turn-key property represents an exceptional high-performing short-term rental, Airbnb income opportunity, or idyllic primary residence.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.4 |
| Square foot | 1,079 | 1,674.03 |
| Lot Size | 2,850 | 4,310.258 |
| Price | $1.50M | $2.32M |
| Price per sq ft | $1.4K | $1.4K |
| Built year | 1920 | 1944 |
| HOA | $0 | $401 |
| Days on market | 8 | 61 |
Oct 16, 2026
$1,495,000
Initial Listing
Jun 29, 2018
$1,788,000
Public Record
Apr 26, 2016
$1,420,000
Public Record
Nov 26, 2002
$545,000
Public Record
Jun 1, 2001
$467,000
Public Record
Mar 11, 1999
$345,000
Public Record