719 Coeur D Alene Avenue, Venice, California 90291, Venice, 90291 - 2 bed, 1 bath
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Venice, California 90291
This Strategic Value-Add Residential Asset is listed at $1,850,000, representing a location-based premium over the $1,679,845 Fair Market Value driven by its rare expansion potential. Currently maintaining a Good Condition Rating, the property includes a renovated 1924 bungalow and a detached two-story structure with plans for a 2,000 sqft ADU Conversion. Located in the prestigious Presidents Row near Abbot Kinney, the lot offers significant forced appreciation through density expansion. This high-upside acquisition is perfectly suited for Value-Add Investors or Owner-Occupants looking to create a multi-unit coastal compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 719 Coeur D Alene Avenue Subject | $1,850,000* List Price | 2 | 1 | 710 | $2,445 | - |
A 814 Angelus Place Sold | $1,520,000 | 1 | 1 | 768 | $1,979 | 0.1 mi |
B 427 Howland Canal Sold | $2,050,000 | 2 | 1 | 880 | $2,330 | 0.7 mi |
C 1034 Oakwood Avenue Sold | $1,800,000 | 2 | 1 | 898 | $2,004 | 0.7 mi |
D 729 Marco Place Sold | $2,219,000 | 2 | 2 | 912 | $2,433 | 0.4 mi |
E 250 Market Street Sold | $1,630,000 | 2 | 1 | 809 | $2,015 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1924, the property has been beautifully updated with a modern kitchen featuring stainless steel appliances and a renovated bathroom with contemporary marble-style tiling. It is in move-in ready condition and well-maintained, though the age of the primary structure and the un-renovated status of the back house (currently a garage/loft) keep it in the 'good' category rather than 'excellent'.
The property includes a large two-story back house with drawings and renderings for an ADU conversion, offering the potential to add nearly 2,000 square feet of additional livable space.
Situated in the prestigious 'Presidents Row' enclave, the home is walking distance to Abbot Kinney’s world-class dining and boutiques, as well as Venice’s iconic beaches.
This 1924 bungalow has been tastefully updated with a modern kitchen and professional landscaping, perfectly blending historic character with contemporary comfort.
With only 710 square feet of living area in the main house, the current footprint is exceptionally small for a two-bedroom residence at this price point.
The list price reflects a significant premium for the existing structure, requiring the buyer to invest in and manage a major construction project to fully realize the property's value.
Beautifully updated bungalow nestled in a charming Venice residential enclave in cute Presidents Row. This cozy 2-bedroom, 1-bath home blends classic character with modern comfort, featuring an upgraded kitchen with space for a dining tableperfect for everyday living and entertaining.The property offers exceptional upside with a large two-story back house that includes a garage and expansive loft area above, ideal for conversion into an ADU. Drawings and renderings are included, presenting the opportunity to create up to almost 2,000 square feet of additional livable space while enjoying the front unit as your primary residence.Tastefully designed front landscaping welcomes you home, while the grassy backyard provides a peaceful retreat highlighted by a mature avocado tree.Set on a beautiful tree-lined street surrounded by thoughtfully updated homes, this property is located just moments from Abbot Kinney's renowned boutiques, cafs, and dining, and a short distance to Venice's iconic beaches.A rare opportunity to own in one of the Westside's most desirable neighborhoods, combining charm, lifestyle, and incredible future potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 1.0 | 3.0 | 21% |
| Square foot | 710 | 1,892.5 | 5% |
| Lot Size | 4,202 | 4,232 | 47% |
| Price | $1.85M | $2.31M | 26% |
| Price per sq ft | $2.6K | $1.3K | 97% |
| Built year | 1924 | 1948 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 165 | 1% |
May 4, 2026
$1,850,000
Initial Listing
Jun 6, 2024
$1,675,000
Public Record