404 Venice Way
Los Angeles, CA, 90291
$1,600,000
Original list price: $1,950,000
MLS: 26856337
Beds
2
Baths
2
Sq Ft
1,473
Lot
0.11 ac
Year Built
1947
MLS #
26856337
Days on Market
110
Listed
Jul 10, 2026
Description
Rare Venice Beach Duplex Redevelopment Opportunity Just four blocks from the sand, this Venice Beach duplex presents an exceptional opportunity to own in one of Los Angeles' most desirable coastal neighborhoods. Set on a corner lot, the property offers immediate versatility as an income-producing asset, owner-user compound, or long-term land play in a high-demand beach market known for walkability, lifestyle appeal, and limited multifamily inventory. The existing duplex provides valuable optionality while buyers explore the site's future potential. With its premier coastal location, the property may be well positioned for redevelopment into a modern beachside multi-unit aprtment building, boutique rental residences, or another thoughtfully designed residential concept, subject to buyer investigation and applicable city, zoning, coastal, and permitting requirements. Situated two blocks from Venice Beach's main entrance at Winward Circle; this property is also within blocks of the tranquil walking paths along the Venice Canals, the Bohemian Arts district that is Abbot Kinney, the intimate cafes, restaurants and shops of Main St, and the miles of bike paths that run along the Beach. Bolstered by the creative energy that defines the Venice Beach community, this offering combines location, scale, and upside in a way rarely available. Investors, developers, and owner-users will appreciate the chance to secure a beach-close asset with both present-day utility and compelling future development potential. Highlights: a corner lot with alley access; approximately four blocks from Venice Beach; strong coastal rental and lifestyle appeal; potential redevelopment opportunity for a multi-unit residential building; close to dining, shopping, recreation, and major Westside destinations. Buyer to verify all zoning, density, rent control, coastal, permitting, and development possibilities. One Unit will be Delivered Vacant at close of Escrow.
Location
Los Angeles, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Robert Romero · New South Bay Realty
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
$12,458
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $160,000 · Loan: $1,440,000
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,892
- Property tax (1.25%)
- $1,667
- Homeowners insurance
- $300
- Mortgage insurance
- $600
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 Los Angeles home with as little as 3.5% down using an FHA loan — roughly $56,000 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.
Similar Homes Nearby
Active and pending listings in ZIP 90291 (Los Angeles)within ±10% of this home's price and size.
$1,495,000
644 Vernon Avenue 644/646
Los Angeles, 90291
$1,495,000
611 Sunset Avenue
Venice, 90291
$1,550,000
235 Main Street 223
Los Angeles, 90291
$1,575,000
235 Main Street 316
Venice, 90291
$1,595,000
311 Market Street
Venice, 90291
$1,600,000
404 Venice Way
Los Angeles, 90291
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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.