51 27th Avenue, Venice, California 90291, Venice, 90291 - 5 bed, 5 bath

51 27th Avenue
Venice, California 90291
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 51 27th Avenue Subject | $9,500,000* List Price | 5 | 5 | 2,227 | $3,848 | - |
A 1915 Ocean Front Walk Active | $7,999,000 List Price | 4 | 6 | 2,631 | $3,040 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 1910 Craftsman has undergone an extensive, high-end designer renovation by Lorna Wallace Design, effectively modernizing the home while preserving its historical character. The property features a fresh, modern sensibility with updated kitchen and bathrooms, premium wood finishes, and high-quality fixtures. The inclusion of a pool, guest house, and meticulously landscaped double lot, combined with the luxury price point, indicates that all systems and components are in like-new condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Rare Double Lot & Outdoor Amenities
Situated on a rare double lot in Venice, this property offers an expansive outdoor oasis featuring a pool, guest house, and lush landscaping, a significant rarity for the area's dense walk streets.
- Prime Coastal Location
Located on a premier walk street just steps from the beach and Oceanfront Walk, the home provides immediate access to the sand and the quintessential Southern California beach lifestyle.
- Historical Designer Pedigree
This 1910 Craftsman, formerly owned by the Mayor of Venice, seamlessly blends historical significance with a modern renovation by Lorna Wallace Design, preserving original character while offering contemporary luxury.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5278, other record lot size in square feet = 2639.
- High Price Per Square Foot
At a list price of $9.5 million for approximately 2,227 square feet of living space, the property carries a premium valuation that may be perceived as aggressive relative to the interior scale.
- Walk Street Accessibility
The prestigious walk street location, while charming and quiet, presents inherent logistical challenges regarding direct vehicle access and limited parking for guests.
About 51 27th Avenue
With over a century of history, the Craftsman-style home remains one of America's and particularly California's most beloved architectural traditions. Originally purchased in 1904 by Lucinda Dike for just $10, the lot became home to a residence built in 1910. Later acquired by the family of Edward Gerety, who served as Mayor of Venice, the property remained in the Gerety family through the 1940s, a rare legacy of early Venice history. Defined by timeless charm and masterful craftsmanship, the design embraces natural materials, rich woodwork, and thoughtful details, including open floor plans, built-in features, warm wood finishes, expansive windows, and a central fireplace that anchors the living space. Reimagined with the refined eye of Lorna Wallace Design, the home has been thoughtfully updated to preserve its original character while introducing a fresh, modern sensibility. Perfectly positioned on a rare double lot along Venice's premier walk street, just steps from the beach and Oceanfront Walk, this distinctive residence offers the ultimate in Southern California beach living. Featuring five bedrooms, including a private guest house, the home is surrounded by lushly landscaped grounds with a pool and multiple lounging areas ideal for outdoor dining, entertaining, or quiet relaxation. Property consists of 2 APNS.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- -
- Lot Size
- 5,278 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 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 | 5.0 | 3.0 | 90% |
| Baths | 5.0 | 3.0 | 87% |
| Square foot | 2,227 | 1,779 | 64% |
| Lot Size | 5,278 | 4,296 | 75% |
| Price | $9.50M | $2.45M | 99% |
| Price per sq ft | $4.3K | $1.3K | 98% |
| Built year | - | 1947 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 179 | 165 | 64% |
Pricing History
Listed for Sale
Sep 8, 2025
$9,500,000
Initial Listing











