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Venice Beach.
1346 abbot kinney blvd
- $14,500,000
- 3 Beds
- 5 Baths
- 2,698 SQFT
Located in the most prominent tech hub in la, introducing 1346 abbot kinney blvd, a live+work concept steps from venices hottest boutiques, galleries,...
View listing1342 abbot kinney
- $13,995,000
- 3 Beds
- 5 Baths
- 2,699 SQFT
Extremely rare opportunity to own an award-winning mixed-use project on what gq magazine called “the coolest block in america” – abbot kinney. This...
View listing1346 abbot kinney blvd
- $13,450,000
- 4 Beds
- 5 Baths
- 2,698 SQFT
Located in the most prominent tech hub in la, introducing 1346 abbot kinney blvd, a live+work concept steps from venices hottest boutiques, galleries,...
View listing17 23rd ave
- $12,500,000
- 5 Beds
- 9 Baths
- 5,278 SQFT
The hollywood bowl house, designed by david hertz. Step into a magical home on a rare double lot that will be recognized as...
View listing2705 ocean front
- $9,995,000
- 3 Beds
- 4 Baths
- 2,520 SQFT
This one-of-a-kind coastal contemporary is a remarkable opportunity to own ocean frontage on a rarely traded stretch of venice beach. Designed by newport...
View listing2705 ocean front walk
- $9,995,000
- 3 Beds
- 4 Baths
- 2,520 SQFT
Incredible beachfront property offers the rare opportunity to own a charming hamptons style home in chic venice beach. This unique, oceanfront oasis was...
View listing2715 ocean front walk
- $9,400,000
- 3 Beds
- 5 Baths
- 2,520 SQFT
New one of a kind coastal contemporary home on venice beach designed by notable newport beach architect ian harrison. Walls of glass create...
View listing648 milwood ave
- $9,250,000
- 3 Beds
- 4 Baths
- 5,402 SQFT
Spectral bridge is a collaborative lifestyle design by ehrlich architects and artist johannes girardoni. Sensitive to neighborhood scale, the residence celebrates outdoor space...
View listing420 carroll canal
- $8,650,000
- 5 Beds
- 7 Baths
- 8,548 SQFT
The rarest offering in venice – a triple lot compound! An 8,500 sqft lot sprawling compound with over 90 feet of frontage to...
View listing414 carroll canal
- $8,650,000
- 5 Beds
- 7 Baths
- 8,548 SQFT
This coveted trophy compound awaits! Live the beach lifestyle year round in this 8,500 sqft triple lot compound, with over 90 feet of...
View listing2311 ocean front walk
- $8,500,000
- 4 Beds
- 4 Baths
- 2,520 SQFT
Stunning ocean views from every room in this architectural beachfront residence by steve ehrlich. If you havent lived in venice, youre not truly...
View listing1212 abbot kinney blvd
- $7,895,000
- 3 Beds
- 3 Baths
- 5,245 SQFT
Located in the heart of venice on vibrant abbot kinney blvd, this is the ultimate modern live/work space. Perfect for your home, gallery,...
View listingSo many of Los Angele’s neighbourhoods need little introduction. Say Venice Beach, and almost anyone from another municipality around the world knows what to expect. These clichés are earned. Sand, surf, fashion, canals, drum circles, the boardwalk, Muscle Beach, and of course, multi-million dollar homes…all true.
Not so obvious, is its less attractive history. It was founded by Abbott Kinney in 1905 as a beach resort town, and originally called “Venice of America” to differentiate it from its Italian influence. A pier with amusement park, and rides was the focus of the original investment. His death in 1920, politics, competition, and prohibition led to its dissolve. It was independent until 1926, when it joined Los Angeles to realise the financial and municipal benefits of a larger city.
The discovery of oil in 1929 on Washington street stimulated a short boom of oil production. 450 oil wells were prevalent in the area and fueled the local economy during the great depression. It was short lived, and minor production continued until the 1970’s.
Even by the 1950’s, the neighbourhood had earned the reputation of “Slum by the Sea.” The spiral continued downwards as the climate attracted gangs. Crime rose, and it wasn’t until 2002 that increased police presence helped begin the revitalization and eventually gentrification of the area.
Much has changed in a short time. Rents are high, lots are small, and prices are at a peak. Outside of the 2 mile beachfront strip that has remnants of its attraction origin, the local community are tied into the art scene, casual surf culture, and outdoor living. The tech boom has attracted every major player and startup to the immediate or surrounding area. Google and Facebook have signed large commercial lease deals for their headquarters. Naturally, the 6 and 7 figure earning employees look locally first to find a home.
The typically profile of a Venice home was a small 600 sqft bungalows on a 3,000 sqft lot. The smaller lots constricted developers to build upwards, stimulating the Venice modern 2-story. Now a common sight in the area. Property prices range from $1.5 to $8m, with an average price of $2-3m. Demand is also high, and inventory often limited for the area. So much of the recent real estate activity is new construction and redevelopment of the original homes. The value, as they say in California, is in the land, no matter how small.
90291 venice, ca
Community
Information.
New listings | 8 | |
Active listings | 133 | |
Median Listing Price | $2625050 | |
Median days on market | 130 | |
Median sqf | 2405.5 | |
Median price per sqf | $1162.420382 |