2811 Dell Avenue, Venice, California 90291, Venice, 90291 - 3 bed, 1 bath
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Venice, California 90291
This Value-Add Coastal Asset is listed at $1,598,000, representing a strategic entry point near its $1,503,616 Fair Market Value. Carrying a Condition Rating of 5, the 1942 bungalow requires comprehensive rehabilitation to modernize its systems and single-bathroom layout. However, the 4,500 sqft lot featuring alley access provides a "creative canvas" for ADU development or a luxury new build. Located in the highly-coveted Coeur d'Alene Elementary School district steps from the Venice Canals, this property offers immense upside through forced appreciation. This acquisition is ideal for Real Estate Developers and Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2811 Dell Avenue Subject | $1,598,000* List Price | 3 | 1 | 1,076 | $1,397 | - |
A 727 Coeur D Alene Avenue Sold | $1,551,000 | 3 | 2 | 1,149 | $1,350 | 0.8 mi |
B 908 California Avenue Sold | $1,225,000 | 2 | 1 | 910 | $1,346 | 1.0 mi |
C 2433 Mckinley Avenue Sold | $1,600,000 | 2 | 2 | 1,268 | $1,262 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1942, this property is a classic 'fixer-upper' requiring substantial rehabilitation. The kitchen and bathroom feature heavily outdated mid-century tiling, cabinetry, and appliances that have surpassed their functional lifespan. The listing's emphasis on 'sweat equity' and 'creative canvas' confirms the need for significant capital investment to modernize the electrical, plumbing, and interior finishes.
Situated in a highly walkable neighborhood adjacent to the Venice Canals and minutes from Abbot Kinney, offering an quintessential Westside lifestyle near top-tier dining and shopping.
The 4,500 sqft lot features a backyard abutting a city alley, providing an ideal footprint for a large-scale expansion, a new build, or the addition of an ADU.
The property is located within the boundaries of the highly-coveted Coeur d'Alene Elementary School district, a major driver for long-term property value and family appeal.
Marketed as a 'creative canvas' requiring 'sweat equity,' the 1942 structure likely needs significant capital investment to modernize its systems and finishes.
The current configuration of three bedrooms served by only one bathroom is functionally outdated for modern buyer expectations and will require a costly layout reconfiguration.
An exquisitely located beach area 3-bedroom, 1-bath bungalow offers a creative canvas for buyers or investors alike. Centrally located in a highly walkable neighborhood adjacent to the Venice Canals. The ample front yard, driveway, garage, and backyard, which abuts a city alley, offers room for expansion, building a larger home, constructing an ADU, or creating an outdoor oasis that catches the ocean breezes. Westside convenience, at its best. Minutes from Abbot Kinney, the Marina, bike paths, some of LA's best shopping, dining, and LAX. Located in the highly rated Coeur d'Alene Elementary School district. If you’re attracted to a bit of sweat equity,this is a rare opportunity in a continually appreciating coastal neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 3.0 | 18% |
| Square foot | 1,076 | 1,755 | 18% |
| Lot Size | 4,500 | 4,251 | 53% |
| Price | $1.60M | $2.35M | 15% |
| Price per sq ft | $1.5K | $1.3K | 64% |
| Built year | 1942 | 1947 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 177 | 2% |
Mar 4, 2026
$1,598,000
Initial Listing