
Venice, California 90291
This Dual-Unit Residential Asset is a High-Potential Investment Opportunity, listed at a List Price of $2,199,000, which aligns perfectly with its $2,199,000 Fair Market Value. Featuring a Mint Condition Rating and modern updates, the property offers a rare 4-bedroom main house and a 2-bedroom upper unit. With six parking spaces and significant ADU conversion potential, this home provides both immediate rental income and long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating coastal property in Venice.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 830 Palms Boulevard Subject | $2,199,000* List Price | 6 | 3 | 2,122 | $1,036 | - |
A 1025 Nowita Place Sold | $2,595,000 | 5 | 3 | 2,193 | $1,183 | 0.3 mi |
B 967 Vernon Avenue Sold | $2,800,000 | 4 | 4 | 2,631 | $1,064 | 0.5 mi |
C 713 Flower Ave Sold | $1,750,000 | 4 | 3 | 1,753 | $998 | 0.6 mi |
D 835 Sunset Avenue Sold | $2,025,000 | 4 | 4 | 2,466 | $821 | 0.5 mi |
E 818 Palms Boulevard Active | $2,449,000 List Price | 4 | 3 | 2,200 | $1,113 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1963, the property has been thoughtfully updated throughout. The kitchen is modern with new cabinetry and high-end stainless steel appliances, and the interior features recessed lighting and updated flooring. The property presents in mint, move-in ready condition consistent with a recent renovation.
The property features a rare two-unit configuration with a 4-bedroom main house and a 2-bedroom upper unit, providing excellent flexibility for owner-users to offset their mortgage or for investors to maximize rental yields.
Boasting six total parking spaces—a rarity in Venice—the property includes a two-car garage with significant potential for ADU conversion, offering a clear path to increasing the property's value and square footage.
Situated in the sought-after Oakwood residential pocket, the home is moments from Abbot Kinney, Rose Avenue, and the beach, placing it in one of Los Angeles' most desirable and high-demand neighborhoods.
The upper unit is currently tenant-occupied, which may limit immediate flexibility for buyers desiring full possession of the property or those looking to implement immediate renovations.
With six bedrooms distributed across only 2,122 square feet, the individual living spaces and bedrooms may feel relatively compact compared to other luxury residential offerings in the area.
Located in the heart of Venice, completely private, fenced and thoughtfully updated throughout. Enter the gates to an abundant front courtyard with lush privacy hedges and ample outdoor space for dining and entertaining. The property features a total of six bedrooms and three bathrooms, spanning 2,122 square feet between the two units. The main residence includes four bedrooms and two bathrooms, an open concept living and dining area and French doors leading out to the private front courtyard. The updated kitchen flows from the dining area with high end stainless steel appliances, new cabinetry, and custom light fixtures. The tenant occupied upper unit, above the garage, offers two bedrooms and one bath, creating flexibility for both owner-users and investors.The property features six total parking spaces, three driveway spaces and three garage spaces. The main house reserves a two car garage with potential for ADU conversion or use as a bonus space. Ideally located in the Oakwood residential pocket of Venice just moments from the premier dining, shops, nightlife, the beach, Abbot Kinney, Rose Ave., and all Venice has to offer. A rare offering in one of Los Angeles' most desirable coastal neighborhoods. For investors, the lower unit offers strong rental upside, while the upper unit provides stable income with long term tenants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,122 | 1,496 |
| Lot Size | 5,301 | 5,391 |
| Price | $2.20M | $2.33M |
| Price per sq ft | $1.0K | $1.3K |
| Built year | 1963 | 1942 |
| HOA | $0 | $0 |
| Days on market | 89 | 64 |
Apr 24, 2026
$2,199,000
Initial Listing
Nov 10, 2021
$1,650,000
Public Record