854 Rose Avenue, Venice, California 90291, Venice, 90291 - 3 bed, 1 bath
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Venice, California 90291
This High-Potential Development Asset is listed at $1,850,000, reflecting a location-based premium relative to its $1,771,979 Fair Market Value. Boasting a Condition Rating of 4, the well-maintained 1946 residence offers immediate habitability while presenting a significant value-add opportunity. The property’s primary strength lies in its oversized 6,250 sq. ft. lot within the Los Angeles Unified School District. Located near Penmar Golf Course and Abbot Kinney, the site features a covered patio and mature fruit trees, making it a premier choice for Developers or Visionary Owner-Users.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 854 Rose Avenue Subject | $1,850,000* List Price | 3 | 1 | 1,049 | $1,689 | - |
A 839 Commonwealth Avenue Sold | $1,511,500 | 2 | 1 | 1,040 | $1,453 | 0.2 mi |
B 2124 Glyndon Avenue Sold | $2,050,000 | 2 | 1 | 1,239 | $1,655 | 0.8 mi |
C 2137 Walnut Avenue Sold | $1,730,000 | 2 | 1 | 980 | $1,765 | 0.8 mi |
D 823 Commonwealth Avenue Active | $1,549,000 List Price | 3 | 2 | 1,220 | $1,270 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1946 home that is clean and move-in ready but features significantly outdated kitchen and bathroom styles. While it boasts gleaming hardwood floors and updated stainless steel appliances, the linoleum flooring, classic white tile counters, and original bathroom configuration show signs of being aged. It has been maintained through regular upkeep rather than a recent full renovation.
The property is ideally situated in a highly desirable neighborhood, just steps from Penmar Golf Course and within close proximity to Whole Foods, Abbott Kinney, and Main Street.
Boasting a generous 6,250 sq. ft. lot, this property offers a rare opportunity in Venice to either expand the existing structure or build a brand-new custom residence.
The large, fenced backyard features mature fruit trees and a covered patio, providing an exceptional private space for outdoor entertaining and relaxation.
The home is being sold in as-is condition, which may necessitate immediate additional investment for modern updates or structural repairs.
With three bedrooms but only one full bathroom, the current floor plan may be less functional for modern families or buyers looking for a primary suite.
Wonderful traditional style home in a great Venice neighborhood, 1/2 block West of Penmar Golf Course & East of Lincoln Blvd. Gleaming hardwood floors, 3 bedrooms or 2 and a den. Central Hall, full bath with separate bathtub & stall shower. Kitchen has stainless steel oven & refrigerator & 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. A cute house, neat & clean and ready to move in OR a great opportunity to build on this large 6,250sq ft. lot. Possibilities galore! 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 3.0 | 18% |
| Square foot | 1,049 | 1,755 | 17% |
| Lot Size | 6,250 | 4,251 | 84% |
| Price | $1.85M | $2.35M | 22% |
| Price per sq ft | $1.8K | $1.3K | 82% |
| Built year | 1946 | 1947 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 177 | 1% |
Apr 10, 2026
$1,850,000
Initial Listing
Jun 12, 2001
$205,000
Public Record