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Venice Beach.
308 venice way
- $4,800,000
- 2 Beds
- 3 Baths
- 2,750 SQFT
308 venice way is a rare artist in residence compound in the heart of venice beach. Designed by the award-winning and much lauded...
View listing812 amoroso pl
- $4,650,000
- 4 Beds
- 5 Baths
- 6,662 SQFT
An idyllic opportunity on the sweetest block in venice – who hasn’t dreamed of living in their own secret garden? A true compound,...
View listing1220 cabrillo ave
- $4,500,000
- 3 Beds
- 3 Baths
- 2,699 SQFT
Designer curated, light & airy, architectural home between abbot kinney & the beach, on quiet side of cabrillo, seconds from eateries & shopping....
View listing213 horizon ave
- $4,495,000
- 4 Beds
- 5 Baths
- 3,061 SQFT
Your ultimate coastal sanctuary awaits at this newly constructed modern paradise, just two blocks in from the sand. The lion company presents a...
View listing405 sherman canal
- $4,495,000
- 4 Beds
- 4 Baths
- 2,850 SQFT
On the banks of the historic venice canals, this tuscan-contemporary inspired home boasts elegant interiors, palatial stonework, and marble finishes along with expansive...
View listing639 santa clara ave
- $4,495,000
- 4 Beds
- 5 Baths
- 5,182 SQFT
Impeccable venice beach home offering exquisite craftsmanship and superb design elements throughout. A dramatic first floor entry welcomes you into an open and...
View listing2341 wilson ave
- $4,450,000
- 3 Beds
- 3 Baths
- 3,602 SQFT
Experience exquisite european design detail only steps away from abbot kinney and nearby beaches. Designed by kim gordon, this modern home is special...
View listing308 venice way
- $4,450,000
- 2 Beds
- 3 Baths
- 2,750 SQFT
Designed and built by award-winning architect, artist, filmmaker, and educator david ming-li lowe, this rare artist-in-residence compound, 3 blocks from the beach, has...
View listing543 rialto ave
- $4,299,000
- 3 Beds
- 3 Baths
- 2,398 SQFT
Inventive geometric planes fill architect steven shortridge’s modernist houses with natural light, open communal spaces, and private wings, merging all the restorative possibilities...
View listing429 sherman canal
- $4,295,000
- 3 Beds
- 4 Baths
- 2,850 SQFT
In a world-renowned neighborhood of awe-inspiring homes, this sophisticated 3-level architectural on the historic venice canals captivates and enchants. Designed by the distinguished...
View listing230 linnie canal
- $4,295,000
- 6 Beds
- 8 Baths
- 2,849 SQFT
Designed by the prestigious tomaro architecture, this canal front duplex offers one-of-a-kind, villa-style living. Versatile & distinct, these dual residences are moments from...
View listing411 n venice
- $4,199,995
- 4 Beds
- 3 Baths
- 2,851 SQFT
Welcome to your quintessential venice beach home just a stones throw from the bustling shops of abbot kinney blvd and two blocks from...
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 |