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1031 Lake Street, Venice, CA 90291

$2.29M3bd · 2ba · 1,604 sqft
Lot 5,378 sqft•Single Family Residence•
Active
•17d on market•MLS# 00-26992103

Property Description

This charming Venice bungalow was masterfully remodeled and expanded in 2023, now offering 3 bedrooms and 2 bathrooms across a thoughtfully reimagined floorplan. A finished garage adds versatile flex space ideal for a home office, playroom, gym, or studio. Inside, an open-concept kitchen with a center island flows effortlessly into a comfortable dining area and spacious living room, creating an easy rhythm for everyday living and entertaining. Gated parking offers added privacy and security, while a large backyard provides room to garden, host, or simply unwind. Just minutes from Abbot Kinney, the beach, and Venice's best shops and dining, this is turnkey Venice living at its finest.

Features & Amenities

FeeBuilt 1951

Property Details

Land Type
Fee
Year Built
1951
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
City
Venice
Zip Code
90291
County
Los Angeles
Listed byUnknown Office, Jonathan Adams

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$11,604.77
Principal & Interest
Loan Amount
$1,836,000
Total Interest
$2,341,717
Total Payment Over 30 Years
$4,177,717
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1031 Lake Street, Venice, CA 90291

Venice · Single Family Residence

$2.29M
Luxury Tier
Beds
3
Baths
2
Sqft
1,604
Lot
5,378 sqft
Year
1951
$/Sqft
$1431
Pool: No✓
Spa: No✓

Listed 5.6% below the median closed sale of $2,430,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $2.29M· $1,431/sqft
Total list price
Closed comps
vs closed median $2.43M
−$135K (−5.6%)
Active comps
vs active median $1.98M
+$320K (+16.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,576
−$145 (−9.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
416 Brooks AvenueVenice1908321,3645,200$1,829$2.50M2790
1163 Nelrose AvenueVenice1914321,2884,272$1,398$1.80M15683
718 Valita StreetVenice1956221,5035,097$964$1.45M1082
2429 Cloy AvenueVenice1975321,3173,604$1,500$1.98M2881
949 Nowita PlaceVenice1911321,6876,375$2,190$3.69M8677
Total: 5 · Average2.82.01,431.84,909.6$1,576.2$2.28M61.4
Median1,364$1.98M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
935 Indiana AvenueVenice194810/02/2026321,4104,809$1.80M$1.72M$1,2160.956281
1060 Superba AvenueVenice192609/01/2026321,5364,801$2.45M$2.45M$1,5941.008281
1009 Vernon AvenueVenice195107/31/2026321,8965,009$2.60M$2.67M$1,4111.033580
232 Howland CanalVenice192110/01/2026321,4752,852$2.15M$2.00M$1,3590.936980
1145 Palms BoulevardVenice196408/18/2026331,7185,754$2.50M$2.43M$1,4140.975380
Total: 5 · Average3.02.21,6074,645$2.25M$2.25M$1,398.8—60.2
Median1,536$2.43M$2.43M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.