
Los Angeles, California 90291
This Spanish-style residence is a Strong Value Opportunity, listed at $1,849,000—positioned well below the $2,068,693 Fair Market Value by 10%. This valuation gap offers $219,693 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a move-in ready interior with modern updates, complemented by a 760-square-foot rooftop deck and panoramic city lights views. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, soulful Venice lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 686 San Juan Avenue Subject | $1,849,000* List Price | 4 | 3 | 2,035 | $1,017 | - |
A 552 Grand Boulevard Sold | $2,260,000 | 3 | 4 | 2,152 | $1,050 | 0.4 mi |
B 46 Wavecrest Avenue Sold | $2,010,000 | 3 | 3 | 1,924 | $1,045 | 0.6 mi |
C 742 Brooks Avenue Active Under Contract | $1,995,000 List Price | 4 | 4 | 2,208 | $904 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1928, the property has undergone significant renovations likely within the last 5-15 years. The bathrooms feature updated tile work, glass enclosures, and modern vanities. The interior shows well-maintained hardwood floors, updated windows, and recessed lighting, making the home fully functional and move-in ready.
The property features a massive 760-square-foot rooftop deck with panoramic views and an enchanting courtyard with a fountain and old-growth sycamore, offering rare and expansive outdoor entertaining space in Venice.
Built in 1928, this Spanish-style home retains century-old architectural details and soulful charm, providing a unique aesthetic that distinguishes it from standard modern renovations.
Situated in one of Venice's most idyllic and sought-after pockets, the home offers a high-demand lifestyle near local amenities while maintaining a sense of privacy and tranquility.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3108, other record lot size in square feet = 5202. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2035, other record living area = 3655. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 7.
Offered as a Tenancy-In-Common (TIC), the property involves a more complex ownership structure and more limited financing options compared to traditional fee-simple residential properties.
Dating back to 1928, the home may require ongoing maintenance or upgrades to aging systems and infrastructure typical of century-old properties to meet modern efficiency standards.
Tucked into one of Venice's most idyllic and sought-after pockets, this enchanting two-story Spanish-style home is filled with warmth, character, and timeless charm. Offering approximately 2,035 square feet, the residence features four bedrooms and three bathrooms, including three bedrooms upstairs and a versatile fourth bedroom downstairs that can also serve as an office or flex space. The home feels both spacious and intimate, with century-old architectural details and inviting outdoor spaces in both the front and back. A fairytale front courtyard, complete with a fountain pond, welcomes you into this soulful Venice oasis. Out back, a majestic old-growth sycamore tree creates a truly magical and peaceful setting for relaxed mornings, alfresco dinners, and effortless gatherings. Above it all, an extraordinary 760-square-foot rooftop deck offers panoramic views and the perfect place to entertain, unwind, and take in the sunset beneath the sycamore's canopy. Offered as a tenancy-in-common (TIC), the property presents a rare opportunity to enjoy the scale, privacy, and lifestyle of a substantial Venice home at a compelling value. Full of soul and set in an exceptional location, this is a special chance to own a truly one-of-a-kind property in the heart of Venice.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,035 | 1,664.159 |
| Lot Size | 3,108 | 6,066.556 |
| Price | $1.85M | $1.35M |
| Price per sq ft | $909 | $806 |
| Built year | 1928 | 1939 |
| HOA | $0 | $278 |
| Days on market | 14 | 55 |
Aug 26, 2026
$1,849,000
Initial Listing
Feb 1, 2010
$795,000
Public Record
Dec 29, 1995
$120,000
Public Record