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218 Venice Way, Venice, CA, 90291

4beds
2baths
1,448sqft
$2,470,000
$1,706price/sqft
$14,544/moest. monthly cost
$581,760/yrincome needed

About This Home

A rare opportunity to own a fully remodeled, beautifully furnished duplex in the heart of Venice Beach, just blocks from the sand and moments from the iconic Venice Sign. Delivered vacant and completely turnkey, this exceptional property offers the ultimate blend of coastal lifestyle, flexibility, and investment potential. Live in one residence and rent the other, lease both for income, or enjoy a premier beachside retreat in one of Los Angeles' most coveted neighborhoods. Each thoughtfully renovated 2-bedroom, 1-bath residence features hardwood floors, abundant natural light, designer finishes, updated kitchens with new appliances, and private outdoor patios ideal for entertaining or unwinding after a day at the beach. The property has been extensively upgraded throughout with new electrical panels, HVAC, and new windows. Additional improvements include new fencing, upgraded lighting, ceiling fans, fresh interior and exterior paint, a security camera system, and a dedicated washer/dryer area. Rare for Venice, the property also offers parking for up to three vehicles. A versatile bonus flex space provides functionality as a home office, creative studio, gym, yoga room, or storage. Furniture, TVs, appliances, and the security system are included, creating a true move-in or rent-ready opportunity from day one. Ideally positioned near Abbot Kinney Boulevard, Windward Circle, the Venice Boardwalk, and some of the Westside's most celebrated dining, coffee, shopping, and entertainment destinations, this offering captures the very best of Venice Beach living. Buyer to independently verify square footage, permits, legality, and permitted uses to their own satisfaction

Getting Around

96
WalkingWalker's Paradise
0
TransitVery Limited Transit
99
BikeBiker's Paradise

Construction

Condition

  • Year built: 1953

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Dryer,Washer
  • Laundry features: Outside

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Ceiling Fan(s)
  • Flooring: Wood
  • Common walls with other units/homes: 1 Common Wall

Interior Area

  • Total structure area: 1,448
  • Total interior livable area: 1,448 sqft

Property

Details

  • Parcel number: 4238021028
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Ground Level
  • Pool features: None

Lot

  • Lot size: 2,783 sqft
  • Features: Back Yard

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $12,489$149,868
Home Insurance *$278$3,336
Property Taxes $1,379$16,548
Electricity $398$4,786
Total$14,544$174,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$498,651/yr
40% on housing$436,320/yr
45% on housing$387,840/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,706This listing

vs Other Active Listings

Avg $/sqft

ZIP 90291$1,094
Los Angeles County$601

vs Homes Sold Last Month

Median $/sqft

ZIP 90291$1,334
Los Angeles County$610

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

DateEventPrice
2026-06-03Listed for sale$2,470,000
2026-02-19Sold$1,550,000
2025-12-15Pending sale$1,550,000
2025-10-31Contingent$1,550,000
2025-10-09Listed for sale$1,550,000
2020-07-01Listing removed$3,700
2020-06-15Price change$3,700
2020-05-30Listed for rent$3,900

For Sale by Agent

AgentDimitre Petrov
BrokerageCRI

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