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PendingSingleFamilyResidence

311 Market Street

Venice, CA, 90291

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$1,595,000

MLS: 26988351

Beds

3

Baths

2

Sq Ft

1,706

Lot

0.07 ac

Year Built

1905

MLS #

26988351

Days on Market

15

Listed

Sep 17, 2026

Description

Classic California bungalow in prime Venice! Located just one block from Abbot Kinney, this mini-compound has two residences on one lot, offering the option to enjoy both homes as a main residence or use as an income-producing property. The front house is a charming 1905 bungalow with 2 bedrooms, 1 bathroom, and multiple bonus spaces including an office/sunroom and a den/TV room. Above the detached garage is a separate guest apartment with 1 bedroom, 1 bathroom, and an eat-in kitchen. Stellar location, just blocks from the beach and all the incredible shopping and dining on Abbot Kinney Blvd, including hotspots like RVR, Hume, The Lighthouse, Belle's Beach House, the upcoming Soho House Venice, and more. The neighboring property at 313 Market St is also available for sale, creating the opportunity to own an even larger compound or to build a house across both lots with plans from renowned local architect Matthew Royce, AIA (Coastal Development Permit approved plans, renderings and engineering have lapsed but are available to be updated with the architect). Opportunity awaits with this quintessentially Venice property. Renderings are of proposed plans from the architect; no representation is being made as to what can actually be built.

Location

Venice, Los Angeles County, CA 90291

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Listed by: Juliette Hohnen · Douglas Elliman

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

$12,499

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $159,500 · Loan: $1,435,500

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$9,939
Property tax (1.25%)
$1,661
Homeowners insurance
$300
Mortgage insurance
$598
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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 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

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 $55,825 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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Active and pending listings in ZIP 90291 (Venice)within ±10% of this home's price and size.

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

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.