656 Angelus Place, Venice, California 90291, Venice, 90291 - 3 bed, 2 bath
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Venice, California 90291
This Soulful Venice Artist Retreat is a High-Potential Investment Opportunity, listed at $1,850,000—positioned well below the $2,056,821 Fair Market Value by 10%. This valuation gap provides $206,821 in Instant Equity for buyers. While the property holds a Condition Rating of 4 with dated 1990s finishes, its architectural character, vaulted exposed beams, and separate skylit loft offer significant upside. Located steps from Abbot Kinney Blvd, this property balances a serene sanctuary with prime Westside access. It is an ideal acquisition for Creative Professionals or Owner-Occupants seeking a value-add coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 656 Angelus Place Subject | $1,850,000* List Price | 3 | 2 | 2,091 | $984 | - |
A 22 25th Place Sold | $1,800,000 | 2 | 3 | 1,719 | $1,047 | 0.9 mi |
B 810 Nowita Place Active | $1,995,000 List Price | 3 | 3 | 1,943 | $1,027 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, the property is well-maintained but shows clear signs of its age with few modern updates. The kitchen features dated black tile countertops with wood edging and older white/black appliances. The interior includes original track lighting and older carpeting on the stairs that shows some wear. While the 'artist retreat' aesthetic is intentional, the core finishes like the cabinetry and fixtures are approximately 30 years old and lack the high-end materials found in 'good' or 'excellent' rated homes.
Situated just steps from the iconic Abbot Kinney Boulevard, the property offers unparalleled access to world-class dining, shopping, and the vibrant Venice lifestyle while remaining on a serene street.
The inclusion of a separate skylit loft above the garage and flexible carport workspaces provides exceptional utility for artists, remote professionals, or those needing guest quarters.
The home features a soulful design with vaulted exposed beams, abundant skylights, and lush tropical landscaping that creates a private, sanctuary-like atmosphere rarely found in the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2091, other record living area = 1372. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
While the garage and carport are marketed as versatile workspaces, utilizing them for creative pursuits may sacrifice secure on-site parking in a high-density neighborhood where street parking is limited.
The 'Artist Retreat' styling and specific layout may appeal to a specific demographic, potentially requiring a buyer who prioritizes character and tranquility over a traditional modern floor plan.
Soulful, Artists Retreat, Steps from Abbot Kinney - Tucked away on a serene, tree-lined street just moments from the vibrant energy of Abbot Kinney Blvd, this Venice property feels like a private sanctuary: an inspired oasis where nature and creativity intertwine. Lush, mature trees, palms and tropical layered greenery envelop the grounds, creating a sense of calm and seclusion rarely found so close to the heart of the Westside. Dappled sunlight filters through the foliage and sets the tone for a home that is both tranquil and full of possibility. The main residence offers 3 bedrooms and 2 baths, with a sun-drenched, top floor living space (with vaulted exposed beams and skylights) that captures beautiful natural light throughout the day, creating an airy and inviting setting for both quiet mornings and lively gatherings. Above the garage and carport, a separate, skylit loft/rec room provides a flexible and inspiring retreat, ideal for art and creative pursuits, a home office, or guest quarters, while the garage and carport themselves offer additional versatility and can easily function as workspaces or be converted back to parking. Gated parking ensures privacy and convenience, and generous outdoor areas invite you to relax, entertain, and connect with the surrounding natural beauty, making this a rare blend of tranquility, functionality and artistic spirit that captures Venice living at its most vibrant. **OFFER DEADLINE MONDAY, APRIL 6TH @ 2PM**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 2,091 | 1,830 | 60% |
| Lot Size | 4,210 | 4,211 | 49% |
| Price | $1.85M | $2.35M | 22% |
| Price per sq ft | $885 | $1.3K | 8% |
| Built year | 1995 | 1947 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 177 | 1% |
Mar 25, 2026
$1,850,000
Initial Listing
Jul 20, 2007
$1,345,000
Public Record