854 Rose Avenue, Venice, California 90291, Venice, 90291 - 3 bed, 1 bath
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854 Rose Avenue
Venice, California 90291
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
1Baths
1,049Sq Ft
6,250Lot Size
Property Price
LIST PRICE$1,695,000
EST. MARKET VALUE
$1,659,768
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,695,000—positioned above the $1,659,769 Fair Market Value. While the property lacks immediate equity, its 6,250 sqft lot with private alley access provides significant long-term upside through development. Featuring a Condition Rating of 4, the home is turnkey yet offers a clear path for modernization. Its prime location near Penmar Golf Course and Abbott Kinney ensures strong rental demand. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in Venice.
Estimated Market Value
$1,659,768
Based on Realkey algorithm analyzing recent comparable sales in Venice.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 854 Rose Avenue Subject | $1,695,000* List Price | 3 | 1 | 1,049 | $1,582 | - |
A 823 Commonwealth Avenue Sold | $1,470,000 | 3 | 2 | 1,220 | $1,205 | 0.2 mi |
B 1257 Preston Way Sold | $2,100,000 | 3 | 2 | 1,285 | $1,634 | 0.6 mi |
C 866 Flower Sold | $1,300,000 | 2 | 1 | 944 | $1,377 | 0.4 mi |
D 2247 Penmar Avenue Sold | $1,600,000 | 3 | 1 | 1,195 | $1,339 | 0.9 mi |
E 834 Commonwealth Avenue Sold | $1,375,000 | 2 | 1 | 928 | $1,482 | 0.1 mi |
F 863 Commonwealth Avenue Sold | $1,450,000 | 3 | 3 | 1,259 | $1,152 | 0.1 mi |
G 2206 Walnut Avenue Sold | $1,825,000 | 3 | 3 | 1,429 | $1,277 | 0.9 mi |
H 249 Ruth Avenue Active Under Contract | $1,625,000 List Price | 2 | 1 | 919 | $1,768 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1946, this home is well-maintained and 'turnkey' but remains dated. The kitchen and bathroom feature vintage cabinets and classic tile counters rather than modern updates. While the hardwood floors are a plus, the age of the structure and 'as-is' sale condition suggest original systems and a need for cosmetic and functional modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The oversized 6,250 square foot lot with private alley access offers a rare and significant opportunity for expansion or complete redevelopment in a high-demand Venice neighborhood.
- Prime Location
Ideally situated just blocks from Penmar Golf Course and Recreation Center, and in close proximity to Whole Foods and the trendy retail and dining hubs of Abbott Kinney and Main Street.
- Turnkey Condition
The home is well-maintained and neat with gleaming hardwood floors, providing an immediate move-in option for buyers looking for a starter home while they plan future upgrades.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
The property features three bedrooms but only one full bathroom, which may be a significant drawback for modern families and could limit the home's functional appeal.
- As-Is Sale Condition
The property is being sold in as-is condition, which suggests that while the interior is clean, the buyer may need to budget for potential underlying repairs or system updates.
About 854 Rose Avenue
Great starter home or wonderful development Opportunity to build on this huge 6,250 lot with private alley access off the back. A cute house, turnkey, neat & clean inside, with many possibilities! Wonderful traditional style home in a great Venice neighborhood, 1 block West of Penmar Golf Course & East of Lincoln Blvd. Gleaming hardwood floors, 3 bedrooms or 2 + den with private door to yard. Central Hall, full bath with separate bathtub & stall shower. Galley Kitchen has white vintage cabinets & classic white tile counters. Laundry room has washer/ dryer hookups. Huge grassy fenced backyard with many fruit trees, lemon, 2 apple, loquat & a covered patio -great for morning coffee or entertaining. Detached 2 car garage, long driveway for additional parking. Close proximity to Whole Foods, coffee shops, restaurants, Main Street & trendy Abbott Kinney. Sold in as-is-condition. Penmar Recreation Center is 2 blks East with tennis courts, baseball field, basketball courts, play yard & much more. Showings by appointment only.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 6,250 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 1,049 | 1,642.642 |
| Lot Size | 6,250 | 4,668.434 |
| Price | $1.70M | $2.30M |
| Price per sq ft | $1.6K | $1.4K |
| Built year | 1946 | 1943 |
| HOA | $0 | $401 |
| Days on market | 12 | 57 |
Pricing History
Listed for Sale
Aug 28, 2026
$1,695,000
Initial Listing
Sold
Jun 12, 2001
$205,000
Public Record