
Venice, California 90291
Rarely does an opportunity like this come along, a double lot in a prime Venice location! This unique property features two charming single-family homes, currently serving as a family compound, offering endless possibilities. The first home is a delightful Craftsman-style 2-bedroom, 1-bath residence with vaulted ceilings that create an airy, light-filled space. The open-concept living area invites effortless flow and comfort. The second home, a spacious 3-bedroom, 2-bath gem, boasts similar open-plan living and extends seamlessly to a private, serene deck, perfect for soaking up the sunshine or hosting intimate gatherings. What makes this property even more special? Fully approved plans and permits are in place to build a stunning 2,340 sq. ft. modern beach house, making it an ideal investment for your future vision. Additional perks include parking for up to four cars, ample storage, and lush yard spaces to enjoy. Nestled close to the vibrant Abbot Kinney Boulevard and just minutes from the beach, this property combines charm, potential, and a coveted lifestyle. Don't miss this chance to create your dream in the heart of Venice!
Property is moderate renovation needed.
Originally built in 1910, the property consists of two homes with varying levels of updates. One kitchen features dated oak cabinetry and white appliances (20+ years old), while the other is more modern but shows signs of age. The listing's emphasis on fully approved plans for a new 2,340 sq. ft. modern beach house suggests the current structures, while functional and move-in ready, are dated and primarily represent land value for redevelopment.
The property comes with fully approved plans and permits for a 2,340 sq. ft. modern beach house, offering a massive advantage by bypassing the lengthy and complex Venice permitting process.
Featuring two separate single-family homes on a double lot, this property provides unique flexibility for use as a multi-generational family compound, a high-yield rental investment, or a premier redevelopment site.
Situated in a highly coveted Venice pocket near Abbot Kinney Boulevard and the beach, the property offers unparalleled walkability to world-class dining, shopping, and the Pacific Ocean.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5100, other record lot size in square feet = 2550.
The $3.99M list price reflects the land value and development potential rather than the current square footage, which may be a barrier for buyers not intending to build the new modern residence.
With the original Craftsman dating back to 1910, the existing structures may require significant maintenance or updates to meet modern luxury standards if the new plans are not executed immediately.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.4 |
| Square foot | 2,080 | 1,674.03 |
| Lot Size | 5,100 | 4,310.258 |
| Price | $3.99M | $2.32M |
| Price per sq ft | $1.9K | $1.4K |
| Built year | 1910 | 1944 |
| HOA | $0 | $401 |
| Days on market | 45 | 61 |
Sep 9, 2026
$3,990,000
Initial Listing
Feb 1, 2011
$775,000
Public Record
Jun 9, 1997
$165,000
Public Record