2908 Pacific Avenue, Venice, California 90291, Venice, 90291 - 3 bed, 3 bath
2908 Pacific Avenue
Venice, California 90291
Property Price
SUMMARY
Analysis of 2908 Pacific Avenue, Venice, California 90291 reveals a Fairly Priced Property with a current list price of $2,980,000 aligned with the estimated $2,980,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Venice Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2908 Pacific Avenue Subject | $2,980,000* List Price | 3 | 3 | 2,112 | $1,411 | - |
A 439 Sherman Canal Sold | $2,750,000 | 3 | 3 | 1,896 | $1,450 | 0.3 mi |
B 219 Howland Canal Sold | $3,200,000 | 3 | 3 | 2,354 | $1,359 | 0.2 mi |
C 764 Nowita Place Sold | $3,300,000 | 3 | 3 | 2,023 | $1,631 | 0.9 mi |
D 1210 Cabrillo Avenue Sold | $2,825,000 | 4 | 3 | 2,618 | $1,079 | 0.7 mi |
E 2723 Grand Canal Sold | $3,500,000 | 3 | 3 | 2,638 | $1,327 | 0.1 mi |
F 2332 Ocean Avenue Active Under Contract | $2,400,000 List Price | 3 | 3 | 1,672 | $1,435 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1980, the property has undergone a full and extensive renovation, as explicitly stated in the description. This includes all-new plumbing and electrical systems, new engineered wood floors, and a chef's dream kitchen with custom walnut cabinetry, quartz countertops, and Dacor appliances. The images confirm a high-end, modern aesthetic throughout, particularly in the kitchen and bathrooms, which feature contemporary fixtures, tiling, and finishes. The presence of visible AC units in the images further supports a modern, functional system. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just one block from Venice Beach/Venice Canals and steps from Washington Blvd, offering immediate access to a vibrant coastal lifestyle.
- Strong Investment Opportunity
Licensed for Airbnb/STR and eligible for 100% bonus depreciation, presenting significant income generation and tax advantages for investors.
- Comprehensive Modern Renovation
A fully renovated home featuring new engineered wood floors, a high-end chef's kitchen with Dacor appliances, and updated plumbing/electrical systems.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2818, living area = 2112.
- Recent Price Reduction
The property has seen a notable price reduction from its initial listing, which may indicate a longer market presence or an initial overvaluation.
- "As-Is" Sale & Buyer Due Diligence
Explicitly sold "as-is" with no warranties, placing the full burden of due diligence and potential future repairs on the buyer.
About 2908 Pacific Avenue
***Licensed Airbnb/STR and can be used for 100% bonus depreciation. Direct home entry and garage access from a private rear alley, offering added convenience, ease, and privacy.*** Welcome to "Venice Beach Sol," a stunning sanctuary just a block from Venice Beach/Venice Canals and steps from the vibrant Washington Blvd. Designed by renowned architects Riz Walker and Dana Esser, this fully renovated home offers a perfect blend of modern luxury and coastal charm. With approximately 2,112 square feet of light-filled living space, this home features new engineered wood floors and a chef's dream kitchen with custom walnut cabinetry, quartz countertops, and Dacor appliances. Three spacious decks, including a brand-new rooftop deck with panoramic views of the Venice Canals, provide the ultimate spaces for outdoor relaxation and entertaining. Thoughtful upgrades include all-new plumbing, electrical systems, and a sleek garage with epoxy flooring and room for up to four cars, plus additional driveway parking. Experience the quintessential Venice lifestyle in this architectural masterpiece where style, comfort, and proximity to the beach come together seamlessly. ***Buyer to conduct due diligence; Seller/Broker make no warranties***
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 2,818 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,112 | 1,779 | 62% |
| Lot Size | 2,818 | 4,255.5 | 17% |
| Price | $2.98M | $2.45M | 77% |
| Price per sq ft | $1.4K | $1.3K | 61% |
| Built year | 1980 | 1947 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 406 | 165 | 0% |
Pricing History
Listed for Sale
Aug 26, 2025
$2,980,000
Initial Listing
Price Change
Jan 24, 2025
$3,199,999
Initial Listing
Sold
Mar 31, 2022
$2,199,000
Public Record
Sold
Mar 30, 2022
$2,050,000
Public Record
Sold
Sep 8, 1999
$517,000
Public Record