122 Thornton Place
Venice, CA, 90291
$1,399,000
MLS: 26646461
Beds
2
Baths
2
Sq Ft
960
Lot
0.04 ac
Year Built
1956
MLS #
26646461
Days on Market
44
Listed
Sep 11, 2026
Description
This is what you have been looking and waiting for. Here you will find an updated and private Mid-Century Beach Bungalow duplex on a street-to-street lot, delivered completely vacant. Sit back and relax in the Adirondack chairs and feel the ocean breeze as you plan your next outing. Catch the surf or sand of Venice Beach, or dine and shop on Abbot Kinney. Whatever your vibe, this property has it. Each unit features 1 bedroom and 1 bath, and both are bathed in natural light. This property is perfect to completely owner-occupy while you decide on future development plans, or live in one unit and collect income from the other unit, or rent out both units. Perhaps envision converting the duplex into a single-family home (buyer to investigate). Sound interesting? Another idea to meditate on is adding a second story to the home/duplex, which other nearby properties have done to create even more space. The possibilities are endless with this superior offering in the heart of Venice Beach. Wake up each morning and stroll over to Gjusta for coffee or breakfast. Summer weekends are packed with the Venice Art Crawl and, at the end of summer, the Abbot Kinney Festival. The front unit is behind a fence with low-maintenance Trex-type decking and a large storage unit. Inside, you will find that this unit has just completed a total renovation featuring new vinyl plank flooring, kitchen cabinets, quartz countertops, and a black sink. The updated bathroom includes a new vanity and a large tiled walk-in shower. The charming rear unit includes wood floors, tiled kitchen counters, a refrigerator, range, and dishwasher. In the bedroom, you will find high beamed ceilings and French doors that lead to a private patio. Parking for two cars is located at the back of the building. The final flourish is an exciting new chapter is taking shape with the highly anticipated Metro on Main development. Representing a $315 million investment, this thoughtfully designed mixed-use community will transform the former Pacific Electric railway's Ocean Park Car House site into a vibrant destination for living, shopping, and gathering. The development will feature approximately 30,000 square feet of ground-floor retail and commercial space along Main Street, complemented by 341 rental residences. A diverse collection of lofts, townhomes, and apartments will create a dynamic residential community, while dedicated community spaces and parking add to the convenience and appeal of this thoughtfully planned destination. Explore your inner bohemian, creative, artist, or surfer here. This property has all that you could want. Let your beach home dreams come true!
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Monique Carrabba · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$10,931
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $139,900 · Loan: $1,259,100
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,649
- Property tax (1.25%)
- $1,457
- Homeowners insurance
- $300
- Mortgage insurance
- $525
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Venice home with as little as 3.5% down using an FHA loan — roughly $48,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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