
Venice, California 90230
Analysis of 5459 Inglewood, Venice, California 90230 is currently available with a list price of $799,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Venice Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1953 (>70 years old) with no recorded major renovations. Interior photos show dated wood paneling and older windows, while the listing description explicitly suggests 'adding value' and targets 'savvy investors,' indicating that the kitchen, bathrooms, and core systems likely require a full rehab to meet modern standards.
The property is situated on an LAR3-zoned lot, offering significant upside for investors looking to increase density or redevelop in a high-demand Westside location.
With the front unit lease expiring imminently, the property provides a perfect opportunity for an owner-user to occupy one unit while maintaining rental income from the other.
Located near Venice and Marina del Rey, the property offers swift access to major employment hubs and premier dining, complemented by a detached garage with alley access.
With only 1,026 total square feet for two units, the individual living spaces are quite small, which may limit appeal for long-term tenants or families.
The back unit is secured through March 2027, which restricts the owner's ability to perform a full-property renovation or reset the entire building to market rents for several years.
Exceptional Westside investment opportunity. This versatile duplex sits on a 3,247 square foot LAR3-zoned lot and features two distinct 1-bedroom, 1-bathroom units spanning approximately 1,026 square feet of total living space. The property is ideally configured for an owner-user looking to occupy one unit while collecting rent from the other, or for a savvy investor aiming to maximize rental upside. A detached garage with alley access ensures secure, independent parking or storage. There is additional space for potential laundry room. The location delivers highly desirable coastal living with swift access to Venice, Marina del Rey, major employment hubs, and premier local dining and retail. Strategically managed leases provide both immediate potential and stable cash flow; the front unit lease expires this September, offering an imminent opportunity to occupy or reset to market rent, while the back unit is secure through March 2027. Bring your vision to add value in a high-demand rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 8.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,026 | 2,552 |
| Lot Size | 3,247 | 4,061 |
| Price | $799.0K | $1.74M |
| Price per sq ft | $779 | $750 |
| Built year | 1953 | 1942 |
| HOA | $0 | $0 |
| Days on market | 27 | 243 |
Aug 13, 2026
$799,000
Initial Listing