837 Venice, Venice, California 90291, Venice, 90291 - 4 bed, 3 bath
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Venice, California 90291
This property presents a Strong Value Opportunity with a List Price of $1,799,000—positioned well below the $1,911,989 Fair Market Value by 5%. This valuation gap offers $112,989 in Instant Equity. Featuring a R3-1 Zoning and a 4-bedroom, 3-bath layout, the home requires modernization given its Condition Rating of 4. Its versatile multi-unit configuration and prime location near Abbot Kinney make this a high-reward acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 837 Venice Subject | $1,799,000* List Price | 4 | 3 | 2,170 | $917 | - |
A 1113 Palms Boulevard Sold | $1,700,000 | 3 | 3 | 1,897 | $896 | 0.5 mi |
B 656 Angelus Place Sold | $2,100,000 | 3 | 2 | 2,091 | $1,004 | 0.3 mi |
C 1801 Shell Avenue Sold | $2,225,000 | 3 | 2 | 2,646 | $841 | 0.3 mi |
D 2478 Glyndon Avenue Pending | $1,850,000 List Price | 4 | 5 | 2,807 | $659 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1920, the property shows signs of a mid-aged renovation (approx. 20 years old) with dated kitchen cabinetry and bathroom fixtures. While the interior has newer vinyl flooring and fresh paint, the listing's heavy emphasis on 'opportunity' and 'investors' confirms it needs significant updates to meet modern standards.
The property is situated on a coveted R3-1 lot, providing significant upside for investors or developers to maximize density in a high-demand Venice submarket.
With three distinct living spaces—a main house, an attached suite, and a detached two-story studio—the property offers exceptional flexibility for rental income or multi-generational living.
Located moments from Abbot Kinney Boulevard and Venice Beach, the property boasts a high walkability score near world-class dining, shopping, and entertainment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2170, other record living area = 1804. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1920 and requiring a 'design eye,' the property likely demands substantial capital expenditure to modernize systems and finishes to meet current market standards.
The listing indicates no specific views and an older infrastructure, which may present challenges for buyers seeking a turnkey luxury experience at this price point.
Welcome to a rare slice of Venice, where location meets pure opportunity. This single family residence home, set on a coveted R3-1 lot, is a dream for investors and visionary owner-users alike. The property delivers flexibility most Venice listings only wish they had: a 2-bed / 1-bath main residence, an attached 1-bed / 1-bath suite, and a detached two-story studio — three distinct living spaces ready for your imagination, rental strategy, or both. Bring your design eye and make it sing. You're moments from the buzz of Abbot Kinney Boulevard, the energy of Lincoln Blvd, and the sand and surf of Venice Beach, with the neighborhood's best restaurants, cafés, and shops right outside your door. Properties on lots like this don't come along often. Come write your Venice story.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,170 | 1,496 |
| Lot Size | 5,658 | 5,391 |
| Price | $1.80M | $2.33M |
| Price per sq ft | $829 | $1.3K |
| Built year | 1920 | 1942 |
| HOA | $0 | $0 |
| Days on market | 42 | 64 |
Jun 10, 2026
$1,799,000
Initial Listing
Oct 14, 1999
$499,000
Public Record