
Venice, California 90291
Analysis of 408 Linnie Canal, Venice, California 90291 is currently available with a list price of $1,950,000. 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.
Property is new construction or fully renovated.
The property has undergone an exceptional recent renovation featuring a custom-designed kitchen, Italian tile flooring, and modern systems including mini-split HVAC. Despite the 1924 original build date, the interior and exterior are in mint condition with high-end finishes and no deferred maintenance.
Situated in the prestigious Venice Canals, this property offers a tranquil, tree-lined setting within walking distance to the beach and the high-end dining and shopping of Abbot Kinney Boulevard.
With a 2,849 sqft lot and the rare opportunity to acquire the adjacent parcel, this property provides immense potential to expand or build a custom luxury compound in a supply-constrained market.
The bungalow features meticulous upgrades including a custom kitchen, Italian tile flooring, and expansive sliding doors that create a seamless indoor-outdoor living experience with a unique grandfathered setback.
At only 436 square feet, the current structure is extremely compact, functioning more as a pied-à-terre or studio rather than a full-sized family residence.
The listing price of $1.95M represents a very high price-per-square-foot, reflecting the value of the land and development potential rather than the existing square footage.
Introducing "The Linnie Bungalow," a thoughtfully and exceptionally renovated pied--terre in one of the most coveted and supply constrained enclaves of the Venice Canals. Situated along a tranquil, tree lined walkway just moments from Linnie Canal Park and the Ocean, this charming residence offers a rare blend of design, flexibility, and future potential in the heart of Venice. Upon entry, you are welcomed into an open and airy floor plan that has been meticulously upgraded with a custom designed kitchen, Italian tile flooring, concealed laundry, and expansive sliding doors on both sides of the home, creating a seamless indoor outdoor living experience. A grandfathered eight foot setback from the property line further enhances the sense of openness and usability, an uncommon advantage within the Canals. Whether utilized as a serene primary retreat, guest house, creative studio, or executive office, the property offers immediate livability while presenting exceptional long term upside. The lot itself provides flexibility for future expansion, with the potential to design and build a larger residence, enhance outdoor entertaining, or curate a fully customized living environment. A truly unique opportunity exists to acquire the adjacent properties at 404 and 410 Linnie Canal, both also available for sale, creating the potential for a rare double or triple lot compound. This assemblage unlocks the ability to create a larger scale, architecturally significant estate, a rarity within the Venice Canals and a compelling opportunity for both end users and developers.Perfectly positioned near the beach and just moments from the boutiques, cafes, and acclaimed dining along Abbot Kinney Boulevard, as well as the vibrant energy of the Venice Boardwalk, the location captures the essence of coastal Venice living. With its unique combination of lifestyle, location, and development potential, "The Linnie Bungalow" represents a rare offering in one of Los Angeles' most iconic coastal communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 8% |
| Baths | 1.0 | 3.0 | 22% |
| Square foot | 436 | 1,888 | 3% |
| Lot Size | 2,849 | 4,213 | 21% |
| Price | $1.95M | $2.30M | 37% |
| Price per sq ft | $4.5K | $1.3K | 97% |
| Built year | 1924 | 1947 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 166 | 1% |
May 1, 2026
$1,950,000
Initial Listing
May 12, 2022
$5,650,000
Public Record
Dec 20, 2021
$5,250,000
Public Record