
Venice, California 90291
This Venice compound represents a Strong Value Opportunity, listed at $2,250,000—positioned above the $2,058,386 Fair Market Value. While the price reflects a premium, the LAR2 lot and 1,556 sq ft secondary structure offer significant upside for a legal ADU conversion or creative compound. The property maintains a Condition Rating of 3, featuring a charming 1922 bungalow with original details. This flexible asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential property in a prime coastal location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 805 Crestmoore Place Subject 4 bd · 3 ba · 2,364 sqft · $960 | $2,250,000* List Price | 4 | 3 | 2,364 | $960 | - |
A 837 Venice Sold 4 bd · 3 ba · 2,170 sqft · $783 · 0.2 mi | $1,699,000 | 4 | 3 | 2,170 | $783 | 0.2 mi |
B 1129 Van Buren Avenue Sold 3 bd · 3 ba · 2,453 sqft · $994 · 0.3 mi | $2,437,500 | 3 | 3 | 2,453 | $994 | 0.3 mi |
C 656 Angelus Place Sold 3 bd · 2 ba · 2,091 sqft · $1,004 · 0.1 mi | $2,100,000 | 3 | 2 | 2,091 | $1,004 | 0.1 mi |
D 1025 Nowita Place Sold 5 bd · 3 ba · 2,193 sqft · $1,183 · 0.5 mi | $2,595,000 | 5 | 3 | 2,193 | $1,183 | 0.5 mi |
E 513 Grand Boulevard Sold 4 bd · 4 ba · 2,522 sqft · $1,148 · 0.7 mi | $2,895,000 | 4 | 4 | 2,522 | $1,148 | 0.7 mi |
F 2800 Grayson Avenue Sold 3 bd · 3 ba · 2,143 sqft · $1,213 · 0.7 mi | $2,600,000 | 3 | 3 | 2,143 | $1,213 | 0.7 mi |
G 1113 Palms Boulevard Sold 3 bd · 3 ba · 1,897 sqft · $896 · 0.7 mi | $1,700,000 | 3 | 3 | 1,897 | $896 | 0.7 mi |
H 927 Amoroso Active 3 bd · 4 ba · 2,420 sqft · $1,198 · 0.3 mi | $2,900,000 List Price | 3 | 4 | 2,420 | $1,198 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained, functional, and move-in ready. The 1922 main bungalow features gorgeous hardwood floors, new ceiling fans, and a kitchen updated with a new refrigerator, dishwasher, and butcher block countertops while preserving its vintage charm. The 1984 rear structure is clean, bright, and structurally sound with functional modern finishes, despite the unpermitted living space conversion.
The 4,200 sq ft LAR2 lot features a massive 1,556 sq ft secondary structure, offering rare flexibility for a legal ADU conversion, creative studio, or multi-generational compound.
Situated on a charming, private street just blocks from the world-class dining on Abbot Kinney and a short bike ride to the beach, providing an ideal coastal lifestyle.
The 1922 bungalow is rich with original details, including hardwood floors, a wood-burning fireplace, and a classic O'Keefe & Merritt stove, all tucked behind lush, private hedges.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 808, other record living area = 2364. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
The secondary structure's current configuration as a 3-bedroom residence is unpermitted, which may present challenges for traditional financing and require significant costs to legalize.
The main permitted residence is only 808 square feet, which may feel restrictive for buyers seeking a larger primary home without immediate renovation or expansion.
A rare Venice compound on a 4,200 sq ft LAR2 lot: a light-filled 1922 bungalow (808 sq ft per assessor) plus a separate two-story, ~1,556 sq ft structure built in 1984 with permits as a recreation room and carport roughly 2,360 sq ft under roof in total. This is one of those classic beach cottages where everything feels possible. Tucked behind high hedges on one of Venice's most charming streets, the Crestmoore Cottage is private, bright, and inviting. This two-bedroom, one-bath home is only blocks from Abbot Kinney and a quick bike ride to the beach, and this one comes with an extraordinary bonus. You'll first encounter a beautiful front garden, perfect for outdoor living and dining (and even napping in the swinging hammock). Inside, gorgeous hardwood floors, a built-in glass-doored breakfront, and a wood-burning fireplace anchor the living/dining room overlooking the garden. The spacious kitchen features the original O'Keefe & Merritt stove alongside a new refrigerator, dishwasher, and butcher block countertop. A stacked washer/dryer adds everyday convenience, and both bedrooms stay cool with new ceiling fans. Behind the main cottage sits that second structure: a separate, two-story ~1,556 sq ft building permitted as a recreation room and carport, currently improved as a 3-bedroom, 2-bath living space (dwelling conversion unpermitted; not included in listed square footage; buyer to verify). Tenant-occupied. Whether you envision a private studio and office compound, creative space, or pursuing a permitted change of use / ADU conversion, this second structure gives 805 Crestmoore Place flexibility that almost never comes to market in Venice. Vintage charm out front, real possibility out back. This is Venice living, reimagined.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.4 |
| Square foot | 2,364 | 1,674.03 |
| Lot Size | 4,200 | 4,310.258 |
| Price | $2.25M | $2.32M |
| Price per sq ft | $952 | $1.4K |
| Built year | 1922 | 1944 |
| HOA | $0 | $401 |
| Days on market | 44 | 61 |
Sep 10, 2026
$2,250,000
Initial Listing