ActiveSingleFamilyResidence

432 Sherman Canal

Venice, CA, 90291

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$3,495,000

MLS: 26687027

Beds

3

Baths

3

Sq Ft

2,918

Lot

0.07 ac

Year Built

1982

MLS #

26687027

Days on Market

8

Listed

Apr 13, 2026

Description

Enchanting Waterfront Paradise on the Venice Canals! Welcome to one of Los Angeles' most coveted neighborhoods, the Venice Canals. This rare storybook retreat offers 3 bedrooms, 2.5 bathrooms, a family room, den or 4th bedroom, and an extraordinary amount of outdoor living space including a fantastic rooftop. Inside, high ceilings set the tone from the moment you enter. The sun-drenched living room and family room both have French doors that open onto a large patio overlooking the canal, an ideal spot for entertaining and al fresco dining, complete with a picturesque swing. The kitchen and dining area are connected by a practical breakfast bar. The ground floor is complete with a powder room. Upstairs, three bedrooms feature lofted natural wood ceilings and a fourth room offers flex space for another bedroom, office, or den. The primary suite is the true star of the show, featuring a stunning fireplace, a private deck and a spiral staircase that leads to a bonus loft with a gym and library. Crowning it all, a rooftop deck with a sauna, offering a wellness sanctuary to recharge the body, mind, and spirit. Up here, enjoy unobstructed views of the canals, a perfect spot to watch the sun set. A rare waterfront house, where you can enjoy kayaking and paddleboarding from the private boat dock. Minutes from the beach and all the restaurants and shops on Abbot Kinney, this property offers the ultimate Venice lifestyle.

Location

Venice, Los Angeles County, CA 90291

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Listed by: Juliette Hohnen · Douglas Elliman

Payment estimate

$24,578

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $349,500 · Loan: $3,145,500

%
Principal & Interest
$19,326
Property tax (1.25%)
$3,641
Homeowners insurance
$300
Mortgage insurance
$1,311
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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 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 $122,325 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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