
Venice, California 90291
This Turnkey Venice Bungalow with ADU represents a Prime Investment Opportunity, listed at $1,990,000—positioned well below the $2,038,757 Fair Market Value by 2%. This valuation gap provides $48,757 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the property features a reimagined backyard with a TimberTech deck, full outdoor kitchen, and a separately metered ADU ideal for rental income. Located steps from Abbot Kinney Boulevard, it offers a premium coastal lifestyle. This is an exceptional acquisition for Owner-Occupants or Lifestyle Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 754 California Avenue Subject | $1,990,000* List Price | 3 | 3 | 1,511 | $1,349 | - |
A 1126 Grant Avenue Sold | $2,120,000 | 3 | 3 | 1,378 | $1,538 | 0.8 mi |
B 704 Valita St Sold | $2,315,000 | 3 | 2 | 1,574 | $1,471 | 0.6 mi |
C 713 Flower Ave Sold | $1,750,000 | 4 | 3 | 1,753 | $998 | 0.5 mi |
D 1016 Indiana Court Sold | $2,150,000 | 3 | 2 | 1,367 | $1,573 | 0.6 mi |
E 922 Garfield Avenue Sold | $1,825,000 | 3 | 3 | 1,470 | $1,241 | 0.7 mi |
F 1012 Superba Avenue Sold | $1,895,000 | 2 | 2 | 1,484 | $1,277 | 0.4 mi |
G 935 Indiana Avenue Active | $1,900,000 List Price | 3 | 2 | 1,410 | $1,348 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a turnkey renovation (under 5 years) featuring a modern kitchen with new countertops and appliances, new hardwood floors, and significant system upgrades including a new roof, two new water heaters, and a separately metered EV charger.
Situated just steps from the iconic Abbot Kinney Boulevard and within walking distance to the beach, offering the quintessential Venice lifestyle and high walkability.
Features a fully permitted, separately metered 1-bed/1-bath ADU with a private entry, providing excellent flexibility for rental income, a guest house, or a home office.
The property boasts a professionally reimagined backyard with a TimberTech deck, full outdoor kitchen, and built-in fire pit, creating a seamless indoor-outdoor entertaining space.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1511, other record living area = 1340.
With only 1,511 total square feet divided between two separate structures, the individual living areas in the main house and ADU may feel compact for some buyers.
Despite its proximity to the coast, the property is noted as having no views, which can be a drawback for buyers seeking ocean or city vistas in this price bracket.
Updated Venice bungalow with an ADU, just steps from Abbot Kinney Boulevard and a short walk to the beach. This property includes a 2-bed, 2-bath main house and a 1-bed, 1-bath ADU, both refreshed for modern living. The upgraded kitchen features new countertops, refrigerator, oven, dishwasher, and a breakfast nook, complemented by new hardwood floors and a freshly painted interior and exterior. Additional improvements include custom closets throughout, resealed skylights, and new screen doors. The backyard has been fully reimagined for seamless indoor-outdoor living, with a TimberTech deck that functions as an outdoor living room. Entertaining is easy with a full outdoor kitchen, a built-in gas grill, a refrigerator, and an in-ground fire pit. New landscaping and dual irrigation systems complete the space. Major system upgrades include full termite tenting and prevention, an updated roof, two new water heaters, a new washing machine, a separately metered EV charger, fiber-optic internet, and a new gated entry. The ADU offers flexibility with its own private entry and is ideal for rental income, a home office, or a guest space. Utilities are separately metered, and washer/dryer hookups are in place. Come see this rare turnkey Venice property that combines location, income potential, and indoor-outdoor living in one complete package!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,511 | 1,888 | 38% |
| Lot Size | 5,391 | 4,251 | 74% |
| Price | $1.99M | $2.30M | 37% |
| Price per sq ft | $1.3K | $1.3K | 48% |
| Built year | 1924 | 1947 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 166 | 1% |
May 4, 2026
$1,990,000
Initial Listing
Jun 27, 2022
$2,010,000
Public Record