2563 Walnut Avenue
Venice, CA, 90291
$1,295,000
MLS: 26668149
Beds
2
Baths
2
Sq Ft
928
Lot
0.11 ac
Year Built
1951
MLS #
26668149
Days on Market
29
Listed
Mar 21, 2026
Description
Private, gated Venice property offering a relaxed coastal lifestyle today with incredible potential for tomorrow. This 2 bedroom, 1.5 bath home offers a comfortable, flexible living environment with a strong connection to the outdoors, enhanced by ocean breezes and a sense of privacy throughout, while presenting an excellent opportunity to update, reimagine, or expand over time. Inside, the home features hardwood floors, abundant natural light through many dual-pane windows, and a layout that lends itself to both everyday living and creative use. The space has a unique character that could be enjoyed as-is or thoughtfully refreshed. The front yard serves as an inviting extension of the home surrounded by mature trees and greenery, it's perfect for morning coffee, outdoor dining, or simply unwinding in your own private setting. The backyard offers additional patio space for relaxing or entertaining, with room to further develop as your needs evolve. The property's configuration lends itself to a variety of possibilities, from enjoying it as a private "mini compound" to thoughtfully improving it over time. A detached two-car garage currently used for storage offers potential for parking, a studio, home office, or possible ADU (buyer to verify). In addition, the property features four uncovered off-street parking spaces behind a locked gate. Located just a couple of blocks from hip Abbot Kinney, and 1.5 miles from the beach, you'll enjoy close proximity to shops, dining, and the best of Venice living. A unique opportunity for a buyer looking to create a personalized home in a vibrant coastal community, with both immediate livability and long-term upside.
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Bernie Leibovitch · Rodeo Realty
Payment estimate
$9,296
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $129,500 · Loan: $1,165,500
- Principal & Interest
- $7,161
- Property tax (1.25%)
- $1,349
- Homeowners insurance
- $300
- Mortgage insurance
- $486
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $45,325 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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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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