823 Commonwealth Avenue, Venice, California 90291, Venice, 90291 - 3 bed, 2 bath
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Venice, California 90291
This Charming Coastal Residence is a Prime Coastal Opportunity, listed at $1,650,000—aligning perfectly with its $1,650,000 Fair Market Value. The property maintains a Condition Rating of 4, offering a clean, functional interior with significant "value-add" potential through cosmetic updates. Key features include a versatile bonus room, a private backyard patio, and a quiet cul-de-sac setting just blocks from Abbot Kinney Boulevard and Penmar Golf Course. This is an ideal acquisition for Owner-Occupants seeking a personalized retreat or Buy-and-Hold Investors targeting the high-demand Venice market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 823 Commonwealth Avenue Subject | $1,549,000* List Price | 3 | 2 | 1,220 | $1,270 | - |
A 839 Commonwealth Avenue Sold | $1,511,500 | 2 | 1 | 1,040 | $1,453 | 0.0 mi |
B 908 California Avenue Sold | $1,225,000 | 2 | 1 | 910 | $1,346 | 0.6 mi |
C 866 Flower Active | $1,499,000 List Price | 2 | 1 | 944 | $1,588 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and clean but shows significant signs of age consistent with its 1948 build date. The kitchen and bathrooms feature dated styles, including older white appliances and basic cabinetry, rather than modern renovations. While functional and livable, the home lacks recent high-end updates and is positioned as a property with 'potential to personalize,' fitting the criteria for a home that is aged but maintained through regular upkeep.
Situated in the highly desirable Venice area, the property offers exceptional proximity to the beach, Penmar Golf Course, and the trendy shopping and dining districts of Abbot Kinney and Rose Avenue.
Located on a peaceful cul-de-sac street, this home provides a rare sense of privacy and safety with minimal through-traffic in a vibrant urban neighborhood.
The inclusion of a dedicated bonus room alongside three bedrooms provides significant flexibility for a home office, creative studio, or guest accommodations to suit modern lifestyle needs.
At 1,220 square feet for a three-bedroom home, the interior layout may feel constrained, particularly for buyers seeking the more expansive living areas common at this price point.
Built in 1948, the property likely requires modernization and updates to its systems and finishes to meet the contemporary luxury standards expected in the Venice market.
Welcome to this charming 3-bedroom, 2-bath home, plus a bonus room, situated on a cul-de-sac street. This home features an inviting and spacious living area with ample natural light, a comfortable dining space, and a kitchen designed for everyday convenience. The layout is well-designed, providing practical spaces that adapt to a variety of household needs. Additional highlights include a dedicated laundry area, generous storage options, and a backyard ideal for outdoor enjoyment and relaxation. Conveniently located near the beach, Penmar Golf Course, Whole Foods, and the vibrant shopping and dining scenes along Lincoln Boulevard, Rose Avenue, and Abbot Kinney. This home offers a welcoming setting with the potential to personalize and create your own coastal retreat.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,220 | 1,755 | 24% |
| Lot Size | 4,191 | 4,211 | 45% |
| Price | $1.55M | $2.35M | 13% |
| Price per sq ft | $1.3K | $1.3K | 41% |
| Built year | 1948 | 1947 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 142 | 177 | 33% |
Mar 27, 2026
$1,549,000
$1,650,000
-6% Price Drop
Initial Listing
Feb 28, 2026
$1,650,000
$1,700,000
-3% Price Drop
Initial Listing
Dec 1, 2025
$1,700,000
Initial Listing