811 Ocean Front Walk, Venice, California 90291, Venice, 90291 - 4 bed, 6 bath
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Venice, California 90291
Analysis of 811 Ocean Front Walk, Venice, California 90291 is currently available with a list price of $3,995,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Venice Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
This listing is for a 'ground-up opportunity to develop' with a future 'year_built' of 2026, and the images are digitally created renderings, not photos of an existing structure. This indicates the property is currently a development site, meaning any existing structure would require demolition, or it is a vacant lot. The value is based solely on the land and its potential for redevelopment, aligning with the 'tear-down' criteria as there are no existing habitable components (kitchen, bathroom, etc.) to assess.
Unbeatable oceanfront address on Venice's Ocean Front Walk, offering sweeping panoramic coastline and ocean views, a highly coveted and rare asset.
A unique, fully entitled ground-up development opportunity with city-approved plans, significantly reducing development risk and time, ready for immediate construction.
Approved design for a three-story mixed-use property, combining expansive luxury residential living with ground-floor commercial space, offering diverse income streams and live-work flexibility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5184, other record living area = 1651. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4498, living area = 5184.
The offering is for an entitled opportunity, meaning the buyer must undertake and finance the substantial ground-up construction costs to realize the full value.
Exceptional fully entitled oceanfront ground-up opportunity to develop a three-story mixed-use coastal property featuring luxury residential living above ground-floor commercial. This represents the only new construction opportunity on Ocean Front Walk in years, offering rare city-approved plans and a meaningful entitlement advantage in one of Los Angeles' most supply-constrained beachfront corridors. The approved design includes approximately 450 square feet of ground-floor commercial space, ideal for boutique retail, gallery, or office use with unmatched boardwalk exposure and foot traffic. Above, plans call for an expansive 4,700 square foot single-family residence, thoughtfully designed with multiple private patios and sweeping panoramic ocean views. Architectural plans and finish packages are complete and ready for immediate execution, allowing construction to commence without delay. Designed by Reed Architectural Group, an award-winning Venice-based firm, the project seamlessly blends contemporary coastal architecture with functional live-work flexibility. Ideally located just steps from Abbot Kinney Boulevard, Main Street, and Rose Avenue, this offering presents a rare opportunity for an owner-user, investor, or developer to create a truly iconic oceanfront property in the heart of Venice.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 6.0 | 3.0 | 94% |
| Square foot | 5,184 | 1,910.5 | 97% |
| Lot Size | 4,498 | 4,255.5 | 53% |
| Price | $4.00M | $2.33M | 89% |
| Price per sq ft | $771 | $1.3K | 5% |
| Built year | 2026 | 1948 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 128 | 165 | 39% |
Jan 29, 2026
$3,995,000
Initial Listing
Feb 6, 2006
$2,795,000
Public Record
Jan 25, 2005
$2,070,000
Public Record