
Venice, California 90291
This Triplex Residential Income Property represents a High-Potential Investment Opportunity, listed at $2,395,000—positioned above the $2,245,577 Fair Market Value. Despite the premium, the property features a Mint Condition Rating following a comprehensive renovation, including a new kitchen and redwood deck. With the main house and one unit delivered vacant, it offers immediate flexibility for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle. The inclusion of a three-car garage and architectural plans for a second-story addition provides significant long-term value-add potential in a prime Venice location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 58 Ozone Ave Subject | $2,395,000* List Price | 0 | 0 | 1,927 | $1,168 | - |
A 1228 Cabrillo Sold | $2,395,000 | 6 | 4 | 2,324 | $1,031 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-quality renovation within the last 5 years. It features a brand-new kitchen with custom cabinetry and appliances, fully remodeled modern bathrooms, updated HVAC systems (visible mini-splits), and fresh landscaping with a new redwood deck, placing it in mint, move-in-ready condition.
Situated on the historic Ozone Walk Street just steps from the sand, this property offers unparalleled access to both Santa Monica Beach and the Venice Ocean Front Walk.
As a triplex with the main house and one rear unit delivered vacant, it provides immediate flexibility for an owner-user or the ability to secure market-rate tenants right away.
The inclusion of a three-car garage is a significant asset in Venice, complemented by architectural plans for a second-story addition to further increase value.
The property was recently sold within the past year on 2026-01-29. The sold price is $1,700,000.00.
Originally built in 1907, the property may require ongoing maintenance or upgrades to aging systems typical of century-old coastal structures.
Future expansion plans are subject to Coastal Commission approval, which can be a lengthy, costly, and uncertain process for the new owner.
Great Owner Occupied or Investment Property. Front House and 1 rear unit are vacant. Welcome to 58 Ozone Avenue, a beautifully reimagined Cape Cod-style triplex on Venice’s iconic and historic Ozone Walk Street, just steps from the sand. This exceptional coastal property offers the best of both worlds—stroll to your right and arrive at the world-famous Santa Monica Beach, or head to your left and experience the vibrant energy of the historic Venice Ocean Front Walk. The thoughtfully remodeled main residence features three bedrooms and two bathrooms, blending timeless character with modern coastal living. Inside you’ll find a spacious living room, family room, and dining area, complemented by a stunning new kitchen with custom cabinetry, new appliances, updated hardware, and a welcoming breakfast bar. The primary suite offers a beautifully remodeled bathroom and custom closet system, while the second and third bedrooms have also been renovated with new custom closet organizers. Original Douglas fir hardwood floors run throughout the home, preserving its classic charm, and a dedicated laundry room adds everyday modern convenience. Outside, the newly landscaped front yard features fresh irrigation, lush plantings, and beautifully finished fencing surrounding a clear redwood front deck—the perfect place to enjoy your morning coffee while embracing the relaxed Venice lifestyle. The two rear residences , one has been newly remodeled they are both one-bedroom, one-bathroom units, complete with their own laundry facility. A spacious private patio creates an ideal setting for entertaining, dining outdoors, or gathering with family and friends. The property also includes a three-car garage, providing valuable off-street parking. Whether you’re looking for an exceptional owner-user opportunity, a multi-generational living arrangement, or a premier investment property, 58 Ozone Avenue delivers outstanding flexibility and long-term value. Included are architectural conceptual floor plans for a proposed second-story addition to the main residence, offering the next owner the opportunity to pursue approvals through the Coastal Commission and further enhance this remarkable property. A rare offering on one of Venice’s most desirable walk streets, 58 Ozone Avenue is a timeless coastal retreat and an outstanding addition to any real estate portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 8.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 1,927 | 2,552 |
| Lot Size | 3,834 | 4,061 |
| Price | $2.40M | $1.74M |
| Price per sq ft | $1.2K | $750 |
| Built year | 1907 | 1942 |
| HOA | $0 | $0 |
| Days on market | 41 | 243 |
Jul 30, 2026
$2,395,000
Initial Listing
Jan 29, 2026
$1,700,000
Public Record