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Calling all investors, developers, and end users. An exceptional opportunity to reimagine or develop a flat lot spanning nearly 5,300 square feet in Oakwood, one of Venice's most desirable neighborhoods. Zoned for multi-unit living, the property offers the potential to develop one to four dwelling units, presenting a compelling opportunity for a variety of uses. The existing residence features 2 bedrooms and 1.5 bathrooms and may also be renovated and enhanced for those looking to preserve the current home. Additional features include off-street parking and a detached two-car garage. Ideally positioned just moments from Abbot Kinney, the beach, acclaimed dining, shopping, and the best of the Venice lifestyle, this is a rare opportunity to create something truly special in one of Venice's most coveted pockets.
Listing agent: Bjorn Farrugia DRE #01864250 bjorn@bjornfarrugia.com, Listing office: Carolwood Estates
MLS data updated 10/16/2026, 8:59:34 PM PT
Source: CRMLS, MLS #: 26874817
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 20, 2026
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
$2,199,999Original asking price · Aug 20, 2026ZIP 90291 · Aug 2026
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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.