
Venice, California 90291
This architectural residence, "The Magician," is a Strong Value Opportunity, listed at $3,679,000—positioned well below the $3,966,150 Fair Market Value by 7%. This valuation gap offers $287,150 in Instant Equity. Featuring an Excellent Condition Rating, this home boasts a chef's kitchen, private sky deck, and captivating pool. With a proven rental history, it serves as a premier asset for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, turnkey Venice lifestyle near Abbot Kinney.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 750 California Avenue Subject | $3,679,000* List Price | 4 | 4 | 3,257 | $1,218 | - |
A 651 Oxford Avenue Sold | $3,150,000 | 3 | 4 | 2,467 | $1,277 | 0.6 mi |
B 2325 Cloy Avenue Sold | $3,664,800 | 4 | 5 | 3,028 | $1,210 | 0.5 mi |
C 2416 Frey Avenue Sold | $3,738,450 | 3 | 4 | 2,969 | $1,259 | 0.6 mi |
D 621 Mildred Avenue Sold | $2,903,103 | 3 | 4 | 2,766 | $1,050 | 0.5 mi |
E 2301 Eastern Canal Sold | $3,750,000 | 4 | 4 | 2,575 | $1,456 | 0.5 mi |
F 838 California Avenue Active | $4,490,000 List Price | 4 | 5 | 4,082 | $1,100 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this architectural residence is within the 10-year age threshold for excellent condition. The property features a high-end chef's kitchen with Thermador appliances, a luxury spa-like master bath with modern rainforest fixtures, and contemporary systems. The interior and exterior show mint-condition craftsmanship with no visible maintenance needs.
Designed by visionary architect Alon Zakoot, 'The Magician' features exceptional craftsmanship, a 360-degree view sky deck, and a luxury chef's kitchen with high-end Thermador appliances.
Situated just off the world-renowned Abbot Kinney Boulevard, the property offers unparalleled access to top-tier dining, shopping, and the vibrant coastal lifestyle of Venice.
With a strong rental history ranging from $18,000 to $24,000 per month, this residence presents a robust opportunity for investors seeking immediate cash flow in a high-demand market.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2939, living area = 3257.
The compact 2,939 square foot lot offers minimal yard space, which may be a drawback for buyers prioritizing traditional garden areas or expansive outdoor play spaces.
Typical of the Venice area, the close proximity to neighboring properties may impact overall privacy, despite the home's clever architectural screening and Zen-like landscaping.
Welcome to 750 California Ave., nick named " The Magician", an extraordinary residence by visionary architect Alon Zakoot. Experience the ultimate blend of sophistication and comfort in this stunning architectural home, just off Abbot Kinney and featuring a captivating pool! This exceptional residence boasts remarkable craftsmanship and design, creating an atmosphere of warmth and elegance throughout. As you approach, the serene exterior fountain and waterfalls create a Zen-like ambiance with lush landscaping that invite you into your private oasis. The open-concept living area offers a perfect balance of elegance and functionality, anchored by a striking floor-to-ceiling fireplace and filled with natural light from expansive glass walls. The chef's kitchen is designed for both culinary enthusiasts and entertaining, with a spacious island and high-end Thermador appliances. Ascend to the master suite, where a cozy fireplace and breathtaking views await through corner pocket windows. The spa-like master bath, complete with six skylights and a rainforest shower, provides a luxurious escape. Enjoy sunsets from your private sky deck (approx. 800 sq. ft.) with 360 degree view, capturing the essence of Venice living at its finest. This home is currently being rented month to month for $18,000 a month for the past 16 months. Prior to that it was leased for $20,000 and $24,000 a month the year before.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.2 |
| Square foot | 3,257 | 1,642.642 |
| Lot Size | 2,939 | 4,668.434 |
| Price | $3.68M | $2.30M |
| Price per sq ft | $1.1K | $1.4K |
| Built year | 2016 | 1943 |
| HOA | $0 | $401 |
| Days on market | 27 | 57 |
Aug 13, 2026
$3,679,000
Initial Listing
Sep 2, 2022
$3,250,000
Public Record
Jun 20, 2018
$3,750,000
Public Record
Jul 17, 2013
$1,350,000
Public Record
Mar 15, 2013
$1,064,500
Public Record