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Closed
- Listed price
- $2,149,000
- Listed Jan 18, 2021
- Sold price
- $1,775,000
- Sold Apr 16, 2021
6,754 sqft lot|1936 Built|16 MLS days on market
627 California Ave, Venice, CA 90291
Property Description
627 California Avenue is a unique value add or condo development opportunity steps from the famous Abbott Kinney Blvd. It currently consists of 5 individual bungalow units with a mix of Studio & 1-bedroom units and 4 private garages in the back alley that are rented for additional income. The property sits on a 6,754 Sq Ft Lot (45 x 179) with LARD 1.5 zoning making this perfect for a Condo or Small Lot Subdivision development opportunity in the highest demand rental and condo market in the country. This amazing location with a Walk Score of 94 is just off Abbott Kinney Blvd, and is less than a mile from Venice Beach Boardwalk, Rose Avenue Corridor, Main Street; steps from all the great shops, restaurants, and nightlife in the area. An investor can capitalize on the large lot and highly desirable condo market to build multiple condos that will each sell north of $2.1M or implement a value-add strategy to increase rents on the existing structures.
Listing agent: Kamfar Kyle MirrafatiDRE #01911204kyle.mirrafati@matthews.com, Listing office: Matthews Real Estate Investment Services
MLS data updated 11/2/2026, 10:27:31 AM PT
Source: CRMLSMLS #: 21681750
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,775,000
Apr 16, 2021
Available records22021
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90291 · Nov 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.This home · 0 price recordsNo records in this period
ZIP 90291 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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.
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MLS records may be incomplete. Earlier asking prices are not sale prices.