Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

811 Ocean Front Walk

Venice, CA, 90291

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$3,995,000

MLS: 26645533

Beds

4

Baths

6

Sq Ft

5,184

Lot

0.10 ac

Year Built

2026

MLS #

26645533

Days on Market

8

Listed

Jan 29, 2026

Description

Exceptional fully entitled oceanfront ground-up opportunity to develop a three-story mixed-use coastal property featuring luxury residential living above ground-floor commercial. This represents the only new construction opportunity on Ocean Front Walk in years, offering rare city-approved plans and a meaningful entitlement advantage in one of Los Angeles' most supply-constrained beachfront corridors. The approved design includes approximately 450 square feet of ground-floor commercial space, ideal for boutique retail, gallery, or office use with unmatched boardwalk exposure and foot traffic. Above, plans call for an expansive 4,700 square foot single-family residence, thoughtfully designed with multiple private patios and sweeping panoramic ocean views. Architectural plans and finish packages are complete and ready for immediate execution, allowing construction to commence without delay. Designed by Reed Architectural Group, an award-winning Venice-based firm, the project seamlessly blends contemporary coastal architecture with functional live-work flexibility. Ideally located just steps from Abbot Kinney Boulevard, Main Street, and Rose Avenue, this offering presents a rare opportunity for an owner-user, investor, or developer to create a truly iconic oceanfront property in the heart of Venice.

Location

Venice, Los Angeles County, CA 90291

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Listed by: R. Austin Brasch · Compass

Payment estimate

$28,051

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $399,500 · Loan: $3,595,500

%
Principal & Interest
$22,091
Property tax (1.25%)
$4,161
Homeowners insurance
$300
Mortgage insurance
$1,498
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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 $139,825 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.

Local Market Stats

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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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