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Presenting an exceptional development opportunity in the highly sought-after Milwood neighborhood of Venice, CA. This property offers RTI (Ready-to-Issue) approval for a meticulously designed new construction single-family residence, featuring a spacious 2-story layout encompassing approx. 3,113 square feet of luxurious living space. The approved plans include 4 bedrooms and 3 bathrooms, an attached approx. 394-square-foot 2 car garage for convenient parking and storage, and an approx. 825-square-foot roof deck that provides an ideal setting for outdoor entertainment and relaxation with scenic views. Currently, the site hosts a charming 1920 Craftsman home with a generous back deck and large fenced yard that is perfect for hosting gatherings. This property offers the flexibility to either remodel and enhance the existing Craftsman or move forward with the RTI-approved plans for a contemporary residence. With the added benefit of Coastal Commission assessment approval, the project is fully permitted and ready for immediate construction. Situated just a short stroll from the vibrant Abbot Kinney Blvd, this location places you within reach of premier dining, shopping, and entertainment. This property presents a rare opportunity to build or reimagine a custom home in a highly desirable area, blending Venice's historic charm with modern luxury.
Listing agent: Fred Dapp DRE #02048450 fred.dapp@theagencyre.com, Listing office: The Agency
MLS data updated 11/3/2026, 2:11:34 AM PT
Source: CRMLS, MLS #: 24463963
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 23, 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
$1,950,000Closed sale · Dec 23, 2024ZIP 90291 · Dec 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.