
Los Angeles, California 90291
This Sophisticated Architectural Residence is a Strong Value Opportunity, listed at $2,750,000—positioned well below the $2,865,910 Fair Market Value by 4%. This valuation gap offers $115,910 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a spectacular rooftop deck, gourmet chef's kitchen, and a custom floating music studio. Its prime Venice location provides an unmatched coastal lifestyle. This property is an ideal acquisition for Owner-Occupants seeking luxury or Buy-and-Hold Investors targeting high-demand coastal markets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 417 Venice Way Subject | $2,750,000* List Price | 4 | 4 | 3,154 | $874 | - |
A 552 Grand Boulevard Sold | $2,260,000 | 3 | 4 | 2,152 | $1,050 | 0.1 mi |
B 407 Rialto Avenue Sold | $2,400,000 | 4 | 4 | 3,158 | $760 | 0.1 mi |
C 621 Mildred Avenue Sold | $2,903,103 | 3 | 4 | 2,766 | $1,050 | 0.3 mi |
D 303 Venice Way Sold | $2,815,000 | 3 | 4 | 3,263 | $863 | 0.1 mi |
E 1410 Pacific Avenue Sold | $2,350,000 | 2 | 2 | 2,380 | $987 | 0.3 mi |
F 2124 Narcissus Court Active Under Contract | $3,150,000 List Price | 2 | 4 | 3,029 | $1,040 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (19 years old), the property fits the 10-20 year age bracket for 'Good' condition. It is exceptionally well-maintained and move-in ready, featuring high-end architectural finishes in the kitchen and bathrooms, along with recent critical system updates including a brand-new roof and water heater.
Ideally situated in the heart of Venice, the property offers unparalleled walkability to Abbot Kinney Boulevard, the Venice Canals, and the beach, capturing the peak of the Westside lifestyle.
The home features dramatic double-height ceilings, expansive glass walls, and a unique floating music studio, providing a bright, airy, and modern aesthetic that is highly sought after in this sub-market.
Recent capital improvements including a brand-new roof, whole-house water filtration, and a multi-zone Sonos system provide significant value and peace of mind for a move-in-ready buyer.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2250, living area = 3154.
With a lot size of only 2,250 square feet, the property lacks a traditional backyard or ground-level green space, relying entirely on the rooftop deck for outdoor living.
The current list price of $2.75M is approximately $145,000 lower than its 2018 sale price of $2.895M, which may signal a lack of equity growth or specific market challenges for this particular asset.
Welcome to 417 Venice Way, a warm and sophisticated architectural residence ideally situated in the heart of Venice, just moments from Abbot Kinney, the iconic Venice Canals, and the world-famous beach and boardwalk. Designed for the quintessential Westside beach lifestyle, this exceptional home seamlessly blends contemporary architecture with inviting living spaces. A spectacular rooftop deck serves as the ultimate outdoor retreat, offering breathtaking city, mountain, and neighborhood views - perfect for entertaining, dining under the stars, or simply unwinding while embracing the coastal lifestyle. Crafted with exceptional attention to detail and premium finishes throughout, the home welcomes you through a private two-car garage into a stunning open-concept floor plan. Dramatic double-height ceilings and expansive walls of glass flood the interiors with natural light, creating a bright and airy atmosphere. The gourmet chef's kitchen is beautifully appointed with top-of-the-line stainless steel appliances, custom cabinetry, and generous prep space, making it ideal for both everyday living and entertaining. The second level features a custom floating music studio and media room, an elegant mezzanine overlooking the main living area, and a conveniently located laundry room. The third level offers three spacious bedrooms, highlighted by a luxurious, sun-filled primary suite complete with a custom built-in closet, skylights, a fireplace, and a private balcony. Thoughtful recent upgrades include a brand-new roof, new water heater, whole-house water filtration system, built-in speakers throughout wired to a Sonos system with five independent audio zones, and a high-definition security system. Perfectly positioned just minutes from Venice's renowned restaurants, boutiques, cafes, and the beach, 417 Venice Way offers an exceptional opportunity to experience the very best of Southern California coastal living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,154 | 1,664.159 |
| Lot Size | 2,250 | 6,066.556 |
| Price | $2.75M | $1.35M |
| Price per sq ft | $872 | $806 |
| Built year | 2007 | 1939 |
| HOA | $0 | $278 |
| Days on market | 44 | 55 |
Jul 27, 2026
$2,750,000
Initial Listing
Jun 6, 2018
$2,895,000
Public Record
Aug 16, 2012
$1,950,019
Public Record
Jan 18, 2008
$2,250,000
Public Record