
Venice, California 90291
This Renovated Coastal Compound is a Prime Investment Opportunity, listed at $2,499,900—positioned well below the $2,569,583 Fair Market Value by 2%. This valuation gap provides $69,683 in Instant Equity. Boasting a Condition Rating of 2, the property features a modernized 1921 main residence plus a separate four-unit rental building, offering massive income potential steps from Venice Beach. With high-end finishes and proximity to Abbot Kinney Boulevard, this asset balances luxury living with high-yield stability. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38 Dudley Avenue Subject | $2,499,900* List Price | 6 | 5 | 2,943 | $873 | - |
A 748 Brooks Avenue Sold | $1,875,000 | 4 | 4 | 2,208 | $849 | 0.8 mi |
B 1210 Cabrillo Avenue Sold | $2,825,000 | 4 | 3 | 2,618 | $1,079 | 0.6 mi |
C 643 Santa Clara Avenue Active | $2,275,000 List Price | 6 | 3 | 3,138 | $725 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1921, the property has undergone extensive recent renovations that bring it up to modern standards. The kitchen is equipped with high-end stainless steel appliances, stone countertops, and contemporary cabinetry. Bathrooms feature modern vanities, updated tiling, and glass enclosures. With recessed lighting, polished hardwood floors, and updated fixtures throughout, the home shows no signs of deferred maintenance and appears virtually new inside.
Situated just steps from Venice Beach and the iconic boardwalk, this property offers an unbeatable lifestyle in one of Los Angeles' most vibrant and walkable neighborhoods.
The inclusion of a separate four-unit building at the rear provides a rare opportunity for substantial rental income or a high-yield investment strategy alongside the main residence.
Built in 1921, the residence features 6 bedrooms and 5 bathrooms, blending classic architectural charm with modern updates to accommodate large families or multiple tenants.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3751, living area = 2943.
With five total units situated on a 3,751-square-foot lot, the property likely lacks private outdoor space and may present significant parking challenges in a high-traffic beach zone.
Given the 1921 construction date, the property may require ongoing maintenance or capital expenditures to address aging structural, plumbing, and electrical systems common in historic homes.
Welcome to 38 Dudley Ave, an exquisite residence situated in the heart of Venice Beach, CA. This property effortlessly combines classic charm with modern amenities, making it an ideal choice for those seeking both comfort and sophistication in one of Los Angeles' most vibrant neighborhoods. Nestled just steps away from the iconic Venice Beach, this home offers unparalleled access to the sun, sand, and surf. Enjoy the vibrant beach lifestyle with the famous Venice Boardwalk, Muscle Beach, and a variety of eclectic shops, cafes, and restaurants all within walking distance. This residence exudes character with its charming architecture and thoughtful design. The exterior showcases a perfect blend of classic and contemporary elements, creating a visually stunning façade that captures the essence of Venice Beach living. In addition to the main residence, 38 Dudley Ave offers an exceptional opportunity with its income property potential. The back of the property includes a separate four-unit building, providing an excellent source of rental income. Each unit is thoughtfully designed to offer comfortable living spaces, ensuring high tenant satisfaction. Living at 38 Dudley Ave means embracing the unique and dynamic lifestyle that Venice Beach is famous for. From artistic expression to a thriving food scene, the community offers something for everyone. Enjoy leisurely bike rides along the beach, explore the trendy boutiques on Abbot Kinney Boulevard, or take in the vibrant street performances and murals that define Venice Beach culture. 38 Dudley Ave is more than just a home; it’s a lifestyle. With its prime location, charming architecture, and lucrative income potential, this property represents a rare opportunity to own a piece of Venice Beach. Whether you’re looking for a family home, an investment property, or a vacation retreat, this residence offers endless possibilities. Contact us today to schedule a private tour and discover all that 38 Dudley Ave has to offer. Don’t miss out on this incredible opportunity to live in one of the most sought-after neighborhoods in Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 92% |
| Baths | 5.0 | 3.0 | 84% |
| Square foot | 2,943 | 1,830 | 80% |
| Lot Size | 3,751 | 4,211 | 38% |
| Price | $2.50M | $2.41M | 55% |
| Price per sq ft | $849 | $1.3K | 8% |
| Built year | 1921 | 1947 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 177 | 1% |
Mar 7, 2026
$2,499,900
Initial Listing
Apr 4, 2022
$2,273,000
Public Record