51 27th Avenue
Venice, CA, 90291
$8,800,000
MLS: 25589999
Beds
5
Baths
5
Sq Ft
—
Lot
0.12 ac
Year Built
—
MLS #
25589999
Days on Market
212
Listed
Sep 8, 2025
Description
With over a century of history, the Craftsman-style home remains one of America's and particularly California's most beloved architectural traditions. Originally purchased in 1904 by Lucinda Dike for just $10, the lot became home to a residence built in 1910. Later acquired by the family of Edward Gerety, who served as Mayor of Venice, the property remained in the Gerety family through the 1940s, a rare legacy of early Venice history. Defined by timeless charm and masterful craftsmanship, the design embraces natural materials, rich woodwork, and thoughtful details, including open floor plans, built-in features, warm wood finishes, expansive windows, and a central fireplace that anchors the living space. Reimagined with the refined eye of Lorna Wallace Design, the home has been thoughtfully updated to preserve its original character while introducing a fresh, modern sensibility. Perfectly positioned on a rare double lot along Venice's premier walk street, just steps from the beach and Oceanfront Walk, this distinctive residence offers the ultimate in Southern California beach living. Featuring five bedrooms, including a private guest house, the home is surrounded by lushly landscaped grounds with a pool and multiple lounging areas ideal for outdoor dining, entertaining, or quiet relaxation. Property consists of 2 APNS.
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Denise Moreno · Private Beverly Hills
Payment estimate
$61,428
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $880,000 · Loan: $7,920,000
- Principal & Interest
- $48,662
- Property tax (1.25%)
- $9,167
- Homeowners insurance
- $300
- Mortgage insurance
- $3,300
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 $308,000 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.
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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.
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