
Venice, California 90291
This Venice Compound represents a Strong Value Opportunity, listed at $3,599,000—positioned slightly above the $3,545,717 Fair Market Value. Featuring a comprehensive high-end renovation and an Excellent Condition Rating, this property offers a rare configuration including a main residence, guest house, and studio. With modern cabinetry, quartz countertops, and a private deck, it provides a turnkey lifestyle moments from Abbot Kinney. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, multi-unit coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 722 Palms Boulevard Subject 5 bd · 5 ba · 2,874 sqft · $1,234 | $3,599,000* List Price | 5 | 5 | 2,874 | $1,234 | - |
A 752 Palms Boulevard Sold 4 bd · 5 ba · 3,419 sqft · $1,304 · 0.0 mi | $4,460,000 | 4 | 5 | 3,419 | $1,304 | 0.0 mi |
B 1025 Nowita Place Sold 5 bd · 3 ba · 2,193 sqft · $1,183 · 0.4 mi | $2,595,000 | 5 | 3 | 2,193 | $1,183 | 0.4 mi |
C 1016 Palms Boulevard Sold 4 bd · 5 ba · 3,655 sqft · $903 · 0.4 mi | $3,300,000 | 4 | 5 | 3,655 | $903 | 0.4 mi |
D 738 Superba Avenue Sold 3 bd · 4 ba · 2,554 sqft · $1,531 · 0.1 mi | $3,910,000 | 3 | 4 | 2,554 | $1,531 | 0.1 mi |
E 1028 Pleasantview Avenue Sold 4 bd · 5 ba · 2,869 sqft · $1,277 · 0.3 mi | $3,665,000 | 4 | 5 | 2,869 | $1,277 | 0.3 mi |
F 2416 Frey Avenue Sold 3 bd · 4 ba · 2,969 sqft · $1,259 · 0.5 mi | $3,738,450 | 3 | 4 | 2,969 | $1,259 | 0.5 mi |
G 2324 Boone Avenue Sold 4 bd · 4 ba · 3,911 sqft · $965 · 0.4 mi | $3,775,000 | 4 | 4 | 3,911 | $965 | 0.4 mi |
H 2904 Beach Avenue Sold 4 bd · 4 ba · 1,754 sqft · $1,440 · 0.6 mi | $2,525,000 | 4 | 4 | 1,754 | $1,440 | 0.6 mi |
I 722 California Avenue Active 4 bd · 3 ba · 2,617 sqft · $1,318 · 0.1 mi | $3,450,000 List Price | 4 | 3 | 2,617 | $1,318 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1928, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen and bathrooms feature modern cabinetry, quartz countertops, and contemporary black fixtures. The interior shows mint-condition wood flooring, recessed lighting, and updated systems, requiring no immediate maintenance.
The rare compound configuration includes a main residence, a full guest house, and a converted studio, offering unparalleled flexibility for rental income, multi-generational living, or dedicated creative workspaces.
Ideally situated on a coveted street just moments from Abbot Kinney’s world-class dining and the beach, providing the quintessential coastal lifestyle in a high-demand neighborhood.
The 1928 property blends historic charm with a modern Bohemian aesthetic, featuring vaulted ceilings, dramatic exposed beams, and seamless indoor-outdoor flow that captures the Venice soul.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2874, other record living area = 2478. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Originally built in 1928, the property may require ongoing maintenance or significant updates to aging infrastructure and systems common in homes of this vintage.
With three separate structures occupying a 5,301-square-foot lot, the outdoor space is fragmented, which may feel constrained for buyers prioritizing a large, contiguous backyard.
A rare Venice compound where beach-town soul, creative energy, and incredible versatility come together on one of the neighborhood's most coveted streets. Set on a generous lot moments from Abbot Kinney and the beach, this beautifully styled property offers a collection of spaces designed for the way Venice is meant to be lived.The charming 3-bedroom, 2.5-bath main residence blends relaxed Bohemian beach style with architectural character and an easy indoor-outdoor flow. A welcoming front porch and private garden set the tone, while light-filled interiors feature warm wood floors, crisp white walls, vaulted ceilings, dramatic exposed beams, and an effortlessly collected aesthetic. Multiple living spaces create room to entertain, work, unwind, and create.Beyond the main residence is an enchanting 1-bedroom, 1-bath guest house that feels like a destination of its own, complete with a living room, striking beamed ceiling, full kitchen and laundry hookup. Ideal for guests, extended stays, creative work, or a private retreat.Adding another layer of flexibility is the converted garage studio, complete with its own kitchen and bathroom, creating an exceptional third living or workspace environment.The expansive grounds connect each space while offering privacy, mature landscaping, outdoor lounging and dining areas, and that increasingly rare commodity in Venice: room to breathe.Perfect for a writer, artist, filmmaker, entrepreneur, tech creative, or anyone seeking a home that refuses to fit into the ordinary. Live in the main house, create in the studio, host friends in the guest house, or simply enjoy an extraordinary private compound in the heart of Venice.Just minutes from Abbot Kinney's celebrated restaurants, boutiques, cafes and galleries, and close to the sand and surf, this is quintessential Venice living with possibilities that are anything but typical.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.4 |
| Square foot | 2,874 | 1,674.03 |
| Lot Size | 5,301 | 4,310.258 |
| Price | $3.60M | $2.32M |
| Price per sq ft | $1.3K | $1.4K |
| Built year | 1928 | 1944 |
| HOA | $0 | $401 |
| Days on market | 18 | 61 |
Oct 6, 2026
$3,599,000
Initial Listing
Jan 10, 2020
$2,534,000
Public Record