
Marina Del Rey, California 90292
This Spanish Architectural Residence is a Prime Investment Opportunity, listed at $2,149,000—positioned well below the $2,222,285 Fair Market Value by 3%. This valuation gap provides $73,285 in Instant Equity for the incoming buyer. The home maintains a Good Condition Rating, featuring a recently renovated spa-style primary suite, a new HVAC system, and panoramic reservoir views. Located in the coveted Silver Triangle within the Los Angeles Unified district, it offers elite walkability to Abbot Kinney. This is an ideal acquisition for Owner-Occupants or Lifestyle-Driven Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 697 Washington Boulevard Subject | $2,149,000* List Price | 3 | 3 | 1,983 | $1,121 | - |
A 3109 Stanford Active | $1,999,888 List Price | 2 | 3 | 1,720 | $1,163 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been exceptionally well-maintained. While originally built in 1977, it features significant recent upgrades including a high-end, fully renovated spa-style primary bathroom with a freestanding tub and a new HVAC system with updated ducting. The interior showcases quality hardwood flooring, recessed lighting, and classic Spanish architectural details. It fits the 'Good' category perfectly as a well-maintained home with key modern updates and functional systems, though it is not a brand-new or total-gut renovation.
Situated in the highly coveted Silver Triangle, this property offers exceptional walkability to the Venice Canals, Abbot Kinney Boulevard, and the beach, placing it in one of the Westside's most desirable pockets.
The home features a newly upgraded HVAC system with new ducting and a recently renovated spa-style primary bathroom, providing immediate value and peace of mind regarding major systems.
With a private gated front courtyard and a backyard designed for entertaining—complete with gas hookups and mature cypress trees—the layout maximizes the Southern California lifestyle.
Located on Washington Boulevard, the property may experience significant street noise and traffic congestion, which could impact the tranquility of the front outdoor space.
The 3,418 square foot lot is relatively small for a single-family residence, limiting the potential for significant garden space or future structural expansions.
Welcome to 697 Washington Blvd, set within Venice's Silver Triangle, one of the Westside's most consistently sought-after neighborhoods. Just moments from the Venice Canals, Abbot Kinney Boulevard, the Marina, Erewhon, the beach, and local farmers markets, this is a location defined by walkability and everyday lifestyle, with easy access in and out. Custom gates open to a private front courtyard framed by citrus trees and mature hedging, creating a tucked-away arrival. The backyard is designed for entertaining, complete with gas hookups and easy indoor-outdoor flow, with a row of mature cypress trees lining one side of the yard, adding privacy and a strong vertical landscape element. The home offers 3 bedrooms and 3 bathrooms across 1,983 square feet and showcases classic Spanish architectural elements and a warm inviting layout. Natural light fills the home creating a comfortable and livable environment with great foundational character. All the bedrooms are generously sized and the primary suite features a recently updated spa-style bathroom with a walk-in shower and freestanding soaking tub. Additional highlights include a separate laundry room, new upgraded HVAC system including new ducting, and other thoughtful improvements. Set within close proximity to Venice's most iconic destinations, 697 Washington Blvd offers a rare opportunity to live in one of the Westside's most desirable coastal pockets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 3.0 | 4.0 | 43% |
| Square foot | 1,983 | 3,178 | 21% |
| Lot Size | 3,418 | 3,724 | 43% |
| Price | $2.15M | $3.15M | 21% |
| Price per sq ft | $1.1K | $1.0K | 64% |
| Built year | 1977 | 1974 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 164 | 7% |
Mar 30, 2026
$2,149,000
Initial Listing
May 16, 2008
$1,133,000
Public Record
Mar 4, 2004
$785,000
Public Record