




404 Venice Way, Venice, CA, 90291
About This Home
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.
Getting Around
Schools
Construction
Condition
- Property condition: Value Mainly In Land,No Additions/Alter
- Year built: 1947
Type & Style
- Home type: MultiFamily
- Architectural style: Cottage
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Free Standing Gas
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Flooring: Hardwood
Heating & Cooling
- Heating features: Gravity,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 1,473
- Total interior livable area: 1,473 sqft
Property
Details
- Parcel number: 4238020019
- Zoning: LARD1.5
- Special condition: Standard
- Other equipment: None
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: None
Lot
- Lot size: 4,795 sqft
- Features: Near Public Transit,Corner Lot
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,860 | $118,320 |
| Home Insurance * | $220 | $2,640 |
| Property Taxes | $1,088 | $13,056 |
| Electricity | $398 | $4,786 |
| Total | $11,566 | $138,792 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-11 | Listed for sale | $1,950,000 |
| 2020-07-13 | Listing removed | $2,995 |
| 2020-07-08 | Listed for rent | $2,995 |
