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BOM: Buyer's didn't perform! Amazing Opportunity! One of a kind Venice compound on a large double lot over 8,144 sq ft! This property has so much to offer. Amazing location within walking distance to Abbot Kinney Boulevard and to the beach. ATTENTION to end-users, developers, and investors.The front entrance of this beautifully remodeled bungalow is gated with both a car entry and a pedestrian entrance. The front patio allows for a tranquil space where you can relax amongst the mature landscaping. The main home is a gorgeous remodeled 2 bedroom 1 bath space with over 1,600 sq ft of living space. There are several access points from the main home to the additional structure. The back of the property is filled with endless opportunity to fit the needs of a variety of users. You will be able to transform the office/rec into anything from an art studio, work-from-home office space, music/dance studio. REC ROOM IS APPROX: 3600 sq.ft. which includes garage, outdoor patio and stairs. It's a great space for entertaining as well. This additional space was designed by award-winning architect Steven Ehrlich. One of the eye catching architectural details includes a steel bridge that connects the apartment to living area/apartment. Tons of open space with stunning 30 ft high ceilings and plenty of natural lighting. You'll also enjoy a spectacular view from the rooftop deck that looks out towards the ocean. This fantastic property was once owned by Lenny Kravitz and Lisa Bonnett.
Listing agent: Melissa Zee DRE #01451028 Melissa@MelissaZeeGroup.com, Listing office: Keller Williams Beverly Hills
MLS data updated 11/3/2026, 5:21:45 AM PT
Source: CRMLS, MLS #: 21105075
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 21, 2022
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
$3,915,000Closed sale · Jan 21, 2022ZIP 90291 · Jan 2022
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.