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835 Sunset Avenue, Venice, California 90291, Venice, 90291 - 4 bed, 4 bath

835 Sunset Avenue, Venice, California 90291 home-pic-0
ACTIVE$2,458,888
835 Sunset Avenue, Venice, California 90291
4Beds
4Baths
2,466Sqft
7,233Lot
Year Built
1946
Close
-
List price
$2.46M
Original List price
$2.69M
Price/Sqft
$997
HOA
-
Days on market
-
Sold On
-
MLS number
25489321
Home ConditionExcellent
Features
Deck
Spa
View-

About this home

Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.46M(60th), sqft - 2466(71th), beds - 4(63th), baths - 4(76th).

A Must See! Step into this recently remodeled stunning contemporary home, designed with a modern floorplan that seamlessly blends comfort and elegance. Located on a generous 7,255 SqFt lot, the property features a large yard with room for a future pool, spa, or ADU. There are ISSUED plans for a 1,200 SqFt two story ADU to be built in the rear. Currently producing approximately $250,000 a year on AirBnb. Endless potential to create your dream Venice compound. Inside, the open and airy floorplan boasts a large chef's kitchen that's sure to impress. The home includes three en-suite bedrooms, each with beautifully appointed bathrooms, and a large family room designed for relaxation and entertaining. High ceilings enhance the sense of space, while an inviting open-air deck allows you to enjoy the refreshing ocean breeze. An above-ground spa adds a touch of luxury to the outdoor experience. This move-in-ready residence is a rare find, perfect as your primary home or a profitable Airbnb investment. The prime location puts you just moments away from Venice's renowned Abbot Kinney and Rose Ave for all of your shopping, celebrated dining, and iconic attractions. Don't miss the opportunity to own this versatile and stylish property.

Price History

Date
Event
Price
04/21/21
Sold
$56,000
04/21/21
Sold
$2,055,000
Condition Rating
Excellent
This property is described as a 'recently remodeled stunning contemporary home' with a 'modern floorplan,' a 'large chef's kitchen that's sure to impress,' and 'beautifully appointed bathrooms.' The description emphasizes it is 'move-in-ready.' While the original structure dates back to 1946, the extensive and recent renovation, as evidenced by the high-quality descriptions of the kitchen and bathrooms, aligns with the 'Excellent' criteria for a property fully renovated recently with virtually new components meeting current quality standards. The images (assumed to confirm the description) would showcase modern finishes, high-end appliances, updated fixtures, and contemporary styling throughout. The only notable functional drawback mentioned in the analysis is the 'Absence of Central Cooling,' which is a consideration but does not detract from the excellent condition and modern quality of the renovated interior spaces and features.
Pros & Cons

Pros

Exceptional Income Generation: Currently producing approximately $250,000 annually via Airbnb, offering a strong investment return.
ADU Development Potential: Issued plans for a 1,200 SqFt two-story ADU provide significant future value and flexibility for additional income or living space.
Prime Venice Location: Situated moments from Abbot Kinney and Rose Ave, offering unparalleled access to high-end shopping, dining, and attractions.
Recently Remodeled & Modern Design: Features a stunning contemporary remodel with an open floorplan, chef's kitchen, en-suite bedrooms, and high ceilings.
Generous Lot with Outdoor Amenities: A large 7,255 SqFt lot includes a spacious yard, an above-ground spa, and an open-air deck, enhancing lifestyle and entertainment options.

Cons

Significant Overpricing: The current list price is 18% above the estimated property value, suggesting it may be overpriced for the market.
Older Original Construction: Built in 1946, the property's original structure is older, which despite recent remodels, could lead to unforeseen maintenance or infrastructure costs.
Absence of Central Cooling: No mention of a cooling system (e.g., central AC) in a recently remodeled home, which could be a significant comfort drawback in warmer months.

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