510 Venice Way, Los Angeles, California 90291, Los Angeles, 90291 - 3 bed, 2 bath
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510 Venice Way
Los Angeles, California 90291
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,130Sq Ft
1,963Lot Size
Property Price
LIST PRICE$1,549,000
EST. MARKET VALUE
$1,447,228
7% AboveMARKET VALUE
SUMMARY
This Architect-Owned Venice Beach Residence is a High-Potential Investment Opportunity, listed at $1,650,000—positioned well above the $1,480,830 Fair Market Value by 11%. While the price reflects a premium for its Mint Condition Rating and extensive renovations, the property offers a rare, turnkey lifestyle between Abbot Kinney and the Pacific. Featuring integrated smart-home technology, a new roof, and custom teak outdoor seating, this home is a sophisticated sanctuary. It is an ideal acquisition for lifestyle-focused buyers or discerning owner-occupants seeking a meticulously curated coastal home.
Estimated Market Value
$1,447,228
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 510 Venice Way Subject 3 bd · 2 ba · 1,130 sqft · $1,281 | $1,549,000* List Price | 3 | 2 | 1,130 | $1,281 | - |
A 724 San Miguel Avenue Sold 3 bd · 3 ba · 1,236 sqft · $1,161 · 0.7 mi | $1,435,000 | 3 | 3 | 1,236 | $1,161 | 0.7 mi |
B 2615 Beach Avenue Pending 3 bd · 2 ba · 1,216 sqft · $1,397 · 0.3 mi | $1,699,000 List Price | 3 | 2 | 1,216 | $1,397 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Extensively renovated with newly completed improvements including a new roof and central HVAC. The kitchen and bathrooms have been redesigned with modern fixtures and high-end materials, and the property features integrated smart-home technology, meeting the criteria for mint condition with recent renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Ideally situated between the trendy shops of Abbot Kinney Boulevard and the Pacific Ocean, offering the quintessential Venice Beach lifestyle in a highly walkable area.
- Architect-Led Renovations
Extensively updated by an architect owner with high-end materials, smart-home technology, and essential modern upgrades including a new roof and central air conditioning.
- Curated Outdoor Living
Features professionally landscaped grounds with custom teak built-in seating and privacy fencing, maximizing the property's indoor-outdoor flow for entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1130, other record living area = 880. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Compact Living Space
At 1,130 square feet for a three-bedroom layout, the interior living areas may feel constrained for buyers accustomed to more spacious residential footprints.
- Minimal Lot Size
The small 1,963 square foot lot limits private yard space and provides very little room for future structural expansions or additional outdoor amenities.
About 510 Venice Way
Charming and extensively renovated, this architect-owned Venice Beach home is ideally situated between Abbot Kinney Boulevard and the Pacific Ocean. Newly completed improvements include a new roof and central air conditioning, adding to an extensive renovation that includes a beautifully redesigned kitchen and bathrooms, including a newly added primary bath. Thoughtfully restored with exceptional materials, fixtures, and appliances, the home pairs timeless Venice character with modern comfort. Designed for effortless indoor/outdoor living, lush landscaped grounds feature custom teak built-in seating, privacy fencing, and inviting spaces for entertaining. Integrated smart-home technology provides remote control of lighting, climate, and doors. A rare opportunity to enjoy one of Venice's most desirable locations in a meticulously renovated and thoughtfully designed home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 1,963 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,130 | 1,675.469 |
| Lot Size | 1,963 | 6,126.393 |
| Price | $1.55M | $1.34M |
| Price per sq ft | $1.4K | $800 |
| Built year | 1953 | 1941 |
| HOA | $0 | $262 |
| Days on market | 61 | 56 |
Pricing History
Listed for Sale
Oct 2, 2026
$1,549,000
$1,650,000
-6% Price Drop
Initial Listing
Price Change
Aug 24, 2026
$1,650,000
Initial Listing
Sold
Mar 14, 2006
$719,000
Public Record
Sold
Jun 19, 1998
$210,000
Public Record