
Venice, California 90291
00 font-bold underline">$60,613 in Instant Equity. While maintaining a Condition Score of 4, the property features a private patio, a 4,622 sqft lot, and a detached garage with ADU potential. Located near Abbot Kinney in the Los Angeles Unified district, it provides immediate livability with significant long-term upside. This is ideal for Owner-Occupants or Value-Add Investors.
*Word count check:* 98 words. Perfect.
*Final check on the SEO version:*
Venice bungalow at $1,295,000, below market value. Features ADU potential, 4,622 sqft lot, and 6 parking spaces near Abbot Kinney. Ideal value-add opportunity.
(158 characters).
*Wait, the prompt says "SEO version: Maximum 160 characters, plain text only (no HTML tags), focus on key selling points".*
It is plain text.
*Wait, the prompt says "Generate TWO versions of the summary in markdown format".*
I will use the headers.
*Wait, the prompt says "Full version: Single compelling paragraph (80-100 words)".*
I am at 98.
*Wait, the prompt says "Step
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2563 Walnut Avenue Subject | $1,295,000* List Price | 2 | 2 | 928 | $1,461 | - |
A 908 California Avenue Sold | $1,225,000 | 2 | 1 | 910 | $1,346 | 0.9 mi |
B 727 Coeur D Alene Avenue Sold | $1,551,000 | 3 | 2 | 1,149 | $1,350 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and offers immediate livability, but it is significantly dated and requires modernization. While it features hardwood floors and dual-pane windows, the kitchen and bathrooms show older styles, including painted original cabinetry and dated appliances. Built in 1951, the home has undergone some minor updates but lacks the comprehensive renovation needed to meet current market standards for the area.
Situated just blocks from the trendy shops and dining of Abbot Kinney Boulevard and only 1.5 miles from the beach, this property offers an ideal coastal lifestyle in one of Los Angeles' most sought-after neighborhoods.
The detached two-car garage and 4,622 sqft lot provide a rare opportunity for an ADU conversion or property expansion, allowing a buyer to create a personalized compound and maximize long-term equity.
This fully gated property offers a rare level of security and convenience for the area, featuring a private front yard and a total of six parking spaces, including four off-street spots behind a locked gate.
At just 928 square feet, the current living space is quite compact, which may necessitate immediate expansion or creative architectural solutions to accommodate modern lifestyle needs.
Built in 1951 and marketed as an opportunity to 'reimagine,' the home likely requires a significant capital investment for updates and repairs to bring it up to contemporary luxury standards.
Private, gated Venice property offering a relaxed coastal lifestyle today with incredible potential for tomorrow. This 2 bedroom, 1.5 bath home offers a comfortable, flexible living environment with a strong connection to the outdoors, enhanced by ocean breezes and a sense of privacy throughout, while presenting an excellent opportunity to update, reimagine, or expand over time. Inside, the home features hardwood floors, abundant natural light through many dual-pane windows, and a layout that lends itself to both everyday living and creative use. The space has a unique character that could be enjoyed as-is or thoughtfully refreshed. The front yard serves as an inviting extension of the home surrounded by mature trees and greenery, it's perfect for morning coffee, outdoor dining, or simply unwinding in your own private setting. The backyard offers additional patio space for relaxing or entertaining, with room to further develop as your needs evolve. The property's configuration lends itself to a variety of possibilities, from enjoying it as a private "mini compound" to thoughtfully improving it over time. A detached two-car garage currently used for storage offers potential for parking, a studio, home office, or possible ADU (buyer to verify). In addition, the property features four uncovered off-street parking spaces behind a locked gate. Located just a couple of blocks from hip Abbot Kinney, and 1.5 miles from the beach, you'll enjoy close proximity to shops, dining, and the best of Venice living. A unique opportunity for a buyer looking to create a personalized home in a vibrant coastal community, with both immediate livability and long-term upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 928 | 1,755 | 11% |
| Lot Size | 4,622 | 4,251 | 53% |
| Price | $1.29M | $2.35M | 7% |
| Price per sq ft | $1.4K | $1.3K | 54% |
| Built year | 1951 | 1947 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 177 | 1% |
Mar 21, 2026
$1,295,000
Initial Listing
May 20, 2011
$480,000
Public Record