526 Victoria Avenue, Los Angeles, California 90291, Los Angeles, 90291 - 1 bed, 1 bath
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526 Victoria Avenue
Los Angeles, California 90291
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
1Beds
1Baths
1,152Sq Ft
5,001Lot Size
Property Price
LIST PRICE$2,195,000
EST. MARKET VALUE
$2,229,581
SUMMARY
This Versatile Creative Compound represents a High-Potential Investment Opportunity, listed at $2,195,000—positioned well below the $2,229,581 Fair Market Value by 1.5%. This valuation gap offers $34,581 in Instant Equity. Featuring Rare LAM1 Zoning and a Mint Condition Rating, the property includes a remodeled residence, Airstream studio, and garage with ADU potential. This turnkey, income-producing asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a flexible live/work sanctuary steps from Abbot Kinney.
Estimated Market Value
$2,229,581
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 |
|---|---|---|---|---|---|---|
★ 526 Victoria Avenue Subject | $2,195,000* List Price | 1 | 1 | 1,152 | $1,935 | - |
A 804 Boccaccio Avenue Sold | $1,825,000 | 2 | 3 | 1,032 | $1,768 | 0.2 mi |
B 2432 Wilson Avenue Sold | $1,600,000 | 3 | 2 | 930 | $1,720 | 0.2 mi |
C 859 Nowita Place Sold | $2,330,000 | 3 | 2 | 1,234 | $1,888 | 0.4 mi |
D 703 Marco Place Sold | $2,495,000 | 3 | 2 | 1,305 | $1,912 | 0.2 mi |
E 1034 Oakwood Avenue Sold | $1,800,000 | 2 | 1 | 898 | $2,004 | 0.6 mi |
F 2418 Walnut Avenue Sold | $2,125,000 | 3 | 3 | 1,122 | $1,894 | 0.7 mi |
G 754 California Avenue Sold | $2,050,000 | 3 | 3 | 1,511 | $1,357 | 0.5 mi |
H 1090 Superba Avenue Sold | $2,675,000 | 3 | 2 | 1,460 | $1,832 | 0.7 mi |
I 1118 Grant Avenue Active | $1,849,000 List Price | 2 | 2 | 1,212 | $1,526 | 0.5 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.
Although built in 1938, the property is described as a fully remodeled residence with modern finishes. Images show a mint-condition interior with updated hardwood floors, contemporary track lighting, and a modern kitchen featuring black cabinetry and stainless steel appliances, meeting the criteria for a recent high-end renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Rare LAM1 Zoning
The property features exceptionally rare LAM1 live/work zoning on a large 5,000 SF lot, providing unparalleled flexibility for residential, creative office, or future redevelopment in a land-constrained market.
- Prime Venice Location
Situated just steps from Abbot Kinney Boulevard and a short stroll to Venice Beach, the property sits in the heart of a premier creative hub with immediate access to world-class dining and galleries.
- Versatile Income-Producing Compound
The site functions as a turnkey creative compound with a remodeled main house, a vintage Airstream meeting space, and a detached garage with ADU potential, all currently generating cash flow.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
- Limited Primary Living Space
With only one bedroom and one bathroom in the main residence, the property may lack appeal for traditional buyers or families seeking a standard residential layout.
- High Price per Square Foot
At a list price of over $2.19M for 1,152 square feet of living space, the valuation relies heavily on the land and zoning potential rather than the existing structure's size.
About 526 Victoria Avenue
Rarely does a property come to market that defies category. 526 Victoria is one of those properties. Set on a large 5,000 SF lot in the heart of Venice and blanketed by exceptionally rare LAM1, live/work zoning, this reimagined creative compound isn't simply a house for sale, it's a canvas for however you choose to use it. Live in it. Lease it. Reinvent it. Behind the gates, a fully remodeled residence anchors a compound built for a new way of living and working. Sunlight pours across modern finishes and thoughtful, inspired detailing throughout. Step outside and the property keeps unfolding: a private courtyard made for gathering around the fire pit, a vintage Airstream reborn as a stylish standalone meeting space, and a detached garage studio with real ADU upside. Each a distinct opportunity layered into one address. Multiple points of access and off-street parking off both the alley and street round out a level of flexibility almost never found this close to the sand. Just steps from Abbot Kinney Blvd and a short stroll to Venice Beach, 526 Victoria sits inside the gravitational pull of the design studios, restaurants, and galleries that make this pocket of Los Angeles one of the most sought-after and hardest to access creative neighborhoods in the country. Fully leased and cash-flowing today, with the house, garage/studio, and Airstream rented on a month-to-month basis, this is a property that performs now while holding the door open for tomorrow, whichever direction you take it. THREE WAYS TO OWN IT. THE OWNER-USER: Claim it as your own live/work sanctuary, a rare chance to plant a flag steps from Abbot Kinney, with space built to create, entertain, and unwind. THE INVESTOR, Step into a fully stabilized, income-producing asset with a built-in mix of residential and creative-office leases, turnkey cash flow today, with the long-term upside of coveted LAM1 zoning. THE DEVELOPER Oversized lot. Flexible LAM1 zoning. One of LA's most land-constrained submarkets. Few sites offer this combination of scale and optionality for a future redevelopment play.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1938
- Lot Size
- 5,001 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 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 | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,152 | 1,664.159 |
| Lot Size | 5,001 | 6,066.556 |
| Price | $2.19M | $1.35M |
| Price per sq ft | $1.9K | $806 |
| Built year | 1938 | 1939 |
| HOA | $0 | $278 |
| Days on market | 28 | 55 |
Pricing History
Listed for Sale
Aug 12, 2026
$2,195,000
Initial Listing
Sold
Jul 1, 2016
$1,950,000
Public Record