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Welcome to an extraordinary opportunity in Venice! The first time on the market in 70 years, this incredible gem is one of a kind - bring your developers and your contractors; this is an incredible development opportunity with upside potential or the perfect renovation project! Situated on a generous 6,000 +/- sqft, this home boasts LARD1.5 zoning, presenting a canvas of possibilities for the savvy investor or visionary developer! There is tons of upside potential to maximize the lot and build multiple units. The added convenience of alley access enhances the appeal, providing flexibility for design and construction. Whether you envision building new construction, expansion on the current property, or building units, this property invites you to shape an exceptional residence that suits your individual taste and lifestyle. Embrace the possibilities and make your mark in one of Los Angeles' most dynamic and desirable communities. This prime piece of real estate not only offers proximity to the cultural hubs of Venice but also provides a canvas for realizing the vision of a truly exceptional dwelling. Tucked away in a wonderful location, you are a short bike ride to the Penmar Golf Course, Abbot Kinney, Rose Ave, and The Beach. This will not last long!
Listing agent: Paige Ogden DRE #02060052 pardeeon@pardeeproperties.com, Listing office: Pardee Properties
MLS data updated 10/31/2026, 1:34:25 AM PT
Source: CRMLS, MLS #: 23334191
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 11, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,630,000Closed sale · Apr 11, 2024ZIP 90291 · Apr 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.