$2,200,000
MLS: 26987857
Beds
4
Baths
2
Sq Ft
1,425
Lot
0.13 ac
Year Built
1941
MLS #
26987857
Days on Market
34
Listed
Sep 14, 2026
Description
Rare Venice investment opportunity west of Lincoln and in close proximity to world-famous Venice Beach! 767-769 Sunset Ave is a charming two-on-a-lot duplex offering two private 2-bedroom, 1-bath residences, strong in-place rental income, outdoor living spaces and future potential. Set on an approximately 5,797 sq. ft. lot, the property features two distinct residences with their own character, privacy and outdoor areas. The front residence, with permit history dating to 1941, showcases classic traditional character representative of many Venice homes with architectural influences that carried into the post-war and mid-century era, featuring hardwood floors, abundant natural light, EV charging capability, a welcoming front porch and mature landscaping. A long gated driveway provides off-street parking and leads to a detached 2-car garage. The residence also enjoys its own front yard and private rear patio area. Privately positioned toward the rear of the property, the second residence reflects classic California bungalow character, has been updated with hardwood flooring, a newer kitchen featuring contemporary cabinetry, stone-style countertops and stainless-steel finishes, plus an updated bathroom with a tiled walk-in shower. The residence offers its own private entrance, an exterior laundry area and outdoor spaces, including a tranquil garden setting with a pond/water feature and a separate backyard. A detached converted garage/flex space provides additional functionality for a home office, studio, fitness area or other ancillary use. Buyer to verify permits and allowable use. Both residences include HVAC and are currently leased at strong in-place rents totaling approximately $8,999 per month / $107,988 annually, offering immediate income for an investor. Tenants pay applicable utilities, with water/sewer paid by the owner per seller-provided information. The parcel is zoned LARD1.5, adding another dimension of potential for buyers interested in exploring future renovation, expansion or redevelopment, subject to City of Los Angeles, Coastal Zone and other applicable requirements. Buyer to independently verify zoning, permits, development potential and allowable uses. Enjoy an exceptional location in Venice's Oakwood neighborhood, convenient to Abbot Kinney Blvd, Rose Ave, Main Street, the Venice Canals and Marina del Rey, with an outstanding collection of restaurants, cafes, shopping and recreation nearby. Whether held as an income-producing property, improved over time or evaluated for future development possibilities, this distinctive Venice duplex offers an appealing combination of location, income, privacy and long-term potential.
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Johan Cisneros · Pacific Properties Realty Group
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
$17,126
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $220,000 · Loan: $1,980,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $13,709
- Property tax (1.25%)
- $2,292
- Homeowners insurance
- $300
- Mortgage insurance
- $825
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 $77,000 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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