
Venice, California 90291
This Venice Beach Craftsman is a Strong Value Opportunity, listed at $2,399,999—positioned well below the $2,538,000 Fair Market Value by 5%. This valuation gap offers $138,001 in Instant Equity for the buyer. Featuring a high-end designer renovation and a Condition Rating of 2, the home includes a detached bonus structure and vintage oak floors. Its prime location near Abbot Kinney offers a rare, walkable lifestyle. This is an ideal acquisition for Owner-Occupants or sophisticated buyers seeking a turnkey, high-privacy sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 818 Palms Boulevard Subject 3 bd · 2 ba · 2,443 sqft · $1,039 | $2,399,999* List Price | 3 | 2 | 2,443 | $1,039 | - |
A 1025 Nowita Place Sold 5 bd · 3 ba · 2,193 sqft · $1,183 · 0.3 mi | $2,595,000 | 5 | 3 | 2,193 | $1,183 | 0.3 mi |
B 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 |
C 1129 Van Buren Avenue Sold 3 bd · 3 ba · 2,453 sqft · $994 · 0.6 mi | $2,437,500 | 3 | 3 | 2,453 | $994 | 0.6 mi |
D 1308 Vienna Way Sold 3 bd · 3 ba · 2,066 sqft · $1,162 · 0.7 mi | $2,400,000 | 3 | 3 | 2,066 | $1,162 | 0.7 mi |
E 674 San Juan Avenue Active 3 bd · 3 ba · 1,578 sqft · $1,264 · 0.2 mi | $1,995,000 List Price | 3 | 3 | 1,578 | $1,264 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1923, the property has undergone a high-end designer renovation within the last 5 years. The kitchen features modern cabinetry, premium green quartzite countertops, and brass fixtures. Visible mini-split HVAC systems indicate updated climate control, and the interior finishes, including the refinished vintage oak floors and vaulted ceilings, are in mint condition.
Located in the premier Millwood neighborhood, the property offers a rare car-free lifestyle just minutes from Abbot Kinney, Erewhon, and Venice Beach.
The inclusion of a finished attic and a 315 sq. ft. detached bonus structure with a full bath provides significant flexibility for a home office, guest suite, or creative studio.
Backing onto Linden and Rialto Courts rather than neighboring houses, the lot offers a level of privacy and natural light that is exceptionally rare for high-density Venice locations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2443, other record living area = 1310. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
As a 1923 Craftsman, the home may require more intensive maintenance or system updates compared to the modern new-construction homes common in the area.
The total living area includes unverified bonus spaces and an attic, which could present challenges during the appraisal process or for buyers requiring strictly permitted square footage.
They say LA isn't walkable, but that is because you don't live at 818 Palms Blvd. located in the highly coveted Millwood neighborhood. Just a 9-minute walk from Abbot Kinney Blvd and, in the opposite direction, the popular restaurant Superba Food + Bread Venice on Lincoln Blvd. This Venice Beach Craftsman is the perfect place to call home. It's Saturday, and you're going to have a curated backyard dinner experience with your closest friends. Erewhon is a ten-minute walk away, so the wine, the cheese board, and the last-minute flowers for the table are all just a stroll from your front door; no car is required. The home opens to beautiful vintage oak floors that spill out into a quaint dining corner nestled between beautiful vintage windows, a decorative white brick fireplace and custom built-ins rounding out the room. Green quartzite countertops, brass fixtures, and globe pendant lighting set the scene for pulling the menu together; a vintage-style refrigerator keeps everything fresh until it's time to carry it all out back. Beyond the kitchen is the living room, with vaulted, beamed ceilings and a skylight. The large open space gives everyone somewhere to land before the meal, and large groups can gather here easily. The backyard is a magical place to host curated dinners for friends under the swaying canopy overhead, agave framing the patio below. Two sides of the property back up to Linden Court and Rialto Court, rather than neighboring houses, not only flooding the home with sunlight but giving the yard a level of privacy that's hard to find this close to Abbot Kinney. After dinner, friends can linger outside and chat before heading home on their bicycles through the quiet streets of Venice. This home is the kind of place you won't need to leave, but when you do, everything is at your convenience. Even the beach is a 7-minute bicycle ride away. This home measures approximately 2,118 sq ft and has three bedrooms, two bathrooms, a finished upstairs attic space that can be used as storage or a guest/remote work suite, and a detached bonus structure complete with a full bathroom and loft that is approximately 315 sf (buyer to verify all square footage and use). While much of the neighborhood trades original character for new construction, 818 Palms Blvd has held onto its 1923 bones, vintage windows and oak floors in the main house, and a front yard just as magical as the back, towering palms and bird of paradise dancing above and around a picnic table. It's the kind of history that's increasingly rare in Venice, and worth holding onto forever.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.4 |
| Square foot | 2,443 | 1,674.03 |
| Lot Size | 5,301 | 4,310.258 |
| Price | $2.40M | $2.32M |
| Price per sq ft | $982 | $1.4K |
| Built year | 1923 | 1944 |
| HOA | $0 | $401 |
| Days on market | 24 | 61 |
Sep 30, 2026
$2,399,999
Initial Listing
Jun 28, 2022
$2,415,000
Public Record
May 13, 2014
$1,800,000
Public Record