308 1/2 Windward Avenue
Venice, CA, 90291
$4,400,000
MLS: 26665825
Beds
5
Baths
3
Sq Ft
1,825
Lot
0.17 ac
Year Built
1920
MLS #
26665825
Days on Market
8
Listed
Mar 26, 2026
Description
A Rare Venice Compound Opportunity | Two Adjacent Cottages | Steps from Abbot Kinney & the Beach. Opportunities like this simply don't come along in Venice. Two neighboring vintage cottages, each full of character and thoughtfully updated, are now available together, offering a once-in-a-generation chance to create a private compound in one of Los Angeles' most coveted neighborhoods. Set within Windward Circle just moments from Abbot Kinney Boulevard and the Pacific Ocean, these two homes sit side by side on a combined footprint with over 90 feet of street frontage, surrounded by lush, mature landscaping that lends the property an extraordinary sense of privacy and seclusion. The first cottage, a 1922 gem, welcomes you through a white picket fence into a light-filled open floor plan with stylish modern finishes. A 200-square-foot converted garage offers flexible bonus space ideal for a home office, art studio, or guest overflow. Off-street parking and an upgraded foundation, already engineered for a potential second story, make this home as practical as it is charming. The second cottage, originally built in 1912 and nestled between the two lots, is a botanical wonderland unto itself. Spanning two parcels totaling 5,390 square feet, it is embraced on two sides by a breathtaking 4,100-square-foot private garden, a rarity in Venice that must be seen to be believed. Night-blooming jasmine, David Austin roses, hydrangea, lavender, crepe myrtle, and a towering primrose tree visible from several blocks away come together in a setting that feels more like a hidden countryside retreat than a property minutes from the sand. Inside, the cottage's southern exposure and generous windows flood every room with natural light, and direct garden views from both the living room and bedrooms make the outdoors feel ever-present. A raised bench-height pond creates a perfect al fresco dining destination, while a hidden spa off the primary bedroom adds a touch of genuine luxury. Together, these two homes offer something increasingly rare in Los Angeles: the infrastructure for a true multi-generational compound. Imagine extended family sharing a garden that connects two private, fully independent residences, grown children with their own front door, aging parents with their own sanctuary, or simply the freedom to host loved ones without anyone sacrificing their privacy. The lush grounds serve as a natural gathering space, while each cottage retains its own distinct character and autonomy. Whether you envision a family compound, a creative retreat, a live-work sanctuary, or simply a remarkable primary home with income or guest potential next door, this pairing of two storied Venice cottages represents an irreplaceable slice of the neighborhood's soul and an investment in a way of living that feels as timeless as the homes themselves.
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Tracey Becker · Compass
Payment estimate
$30,864
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $440,000 · Loan: $3,960,000
- Principal & Interest
- $24,331
- Property tax (1.25%)
- $4,583
- Homeowners insurance
- $300
- Mortgage insurance
- $1,650
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 $154,000 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.
Local Market Stats
See Venice, CA 90291 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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