
Venice, California 90291
This property presents a High-Potential Investment Opportunity with a List Price of $1,495,000—positioned above the $1,327,354 Fair Market Value by 12%. While priced at a premium, the 3,401 sq. ft. lot and bonus studio offer significant value-add potential. Featuring a Condition Rating of 5, this "true fixer" requires a full rehab, though recent copper plumbing and roof upgrades mitigate initial costs. Located steps from Abbot Kinney Boulevard, this asset is ideal for Fix-and-Flip Investors or Contractors seeking a high-demand Venice project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 705 Superba Avenue Subject | $1,495,000* List Price | 2 | 2 | 992 | $1,338 | - |
A 427 Sherman Canal Sold | $1,900,000 | 2 | 2 | 1,025 | $1,854 | 0.6 mi |
B 908 California Avenue Sold | $1,225,000 | 2 | 1 | 910 | $1,346 | 0.3 mi |
C 866 Flower Sold | $1,300,000 | 2 | 1 | 944 | $1,377 | 0.5 mi |
D 2811 Dell Avenue Sold | $1,395,000 | 3 | 1 | 1,076 | $1,296 | 0.7 mi |
E 505 Venice Way Sold | $1,175,000 | 2 | 1 | 855 | $1,374 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923, this 100-year-old property is explicitly described as a 'true fixer' requiring restoration or reimagining. While it features some updated systems like copper plumbing and a newer roof, the interior is significantly dated and the overall structure requires a full rehab to meet modern standards.
Situated in one of the Westside's most desirable pockets, the property offers exceptional walkability to Abbot Kinney Boulevard, Rose Avenue, and the beach.
The inclusion of a rear studio with a full bathroom provides valuable flexibility for use as a guest house, home office, or potential rental income unit.
Recent improvements including a newer roof, updated copper plumbing, and a tankless water heater reduce the immediate capital expenditure required for essential systems.
Marketed as a 'true fixer' and sold in as-is condition, the property requires a significant additional investment to make it habitable or modern.
At just 992 square feet, the main residence has a small footprint that may necessitate a costly expansion to meet the needs of modern buyers.
Exceptional opportunity in one of Venice's most sought-after locations. Originally built in 1923, this classic Venice bungalow offers a rare opportunity to restore, reimagine, or create something entirely new in a premier Venice neighborhood. Situated on a 3,401 sq. ft. lot just moments from vibrant Abbot Kinney Boulevard, this 2-bedroom, 2-bath home offers approximately 992 sq. ft. of living space and tremendous potential for investors, builders, or end users looking to create their dream home. This is a true fixer with endless possibilities. The property also includes a bonus studio with bathroom at the rear of the lot, offering additional flexibility and potential. Whether you're looking to renovate, reimagine, or build new, this is a rare chance to secure a property in one of the Westside's most desirable and dynamic communities. Adding to the property's appeal, several major improvements were completed including a newer roof, updated copper plumbing, and a tankless water heater. Enjoy the quintessential Venice lifestyle with close proximity to Abbot Kinney's renowned shops and restaurants, Rose Avenue, the beach, and all that Venice has to offer. Property sold in its present "as-is" condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 992 | 1,496 |
| Lot Size | 3,401 | 5,391 |
| Price | $1.50M | $2.33M |
| Price per sq ft | $1.5K | $1.3K |
| Built year | 1923 | 1942 |
| HOA | $0 | $0 |
| Days on market | 16 | 64 |
Jul 6, 2026
$1,495,000
Initial Listing