1208 Cabrillo Avenue, Venice, California 90291, Venice, 90291 - 3 bed, 6 bath
ACTIVE$2,199,000
1208 Cabrillo Avenue, Venice, California 90291
3Beds
6Baths
2,241Sqft
2,700Lot
Price Vs. Estimate
The estimated value ($1,717,251.77) is $481,748.23 (21%) lower than the list price ($2,199,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Venice Location: Unbeatable proximity to Abbot Kinney (one block) and the beach (four blocks), offering a highly desirable California lifestyle with easy access to shops, restaurants, and entertainment.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2700, living area = 2241.
Compared to the nearby listings
Price:$2.20M vs avg $2.28M ($-83,500)47%
Size:2,241 sqft vs avg 1,831.5 sqft66%
Price/sqft:$981 vs avg $1.3K20%
More Insights
Built in 1914 (111 years old).
Condition: The property, built in 1914, has been 'beautifully restored' and maintains its 'classic character' with original moldings and hardwood floors, which are in good condition. However, the kitchen, while functional with a newer range, features older white cabinets, basic countertops, and a black-and-white checkerboard floor that appears dated. One bathroom has very outdated yellow wall tiles and an older pedestal sink, clearly requiring aesthetic updates. The other bathroom has period-specific ornate black and white tiling, which is unique but not modern. While the property is well-maintained and move-in ready, the kitchen and bathrooms show significant signs of being outdated in style and features, aligning with the 'Fair' category where major components are functional but show signs of being outdated, and minor updates or repairs are required to meet current standards.
Year Built
1914
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$981
HOA
-
Days on market
-
Sold On
-
MLS number
25542479
Home ConditionFair
Features
View
About this home
Located just one block from Abbot Kinney and four blocks from the beach, this charming property features three beautifully restored 1-bedroom, 1.5-bath Craftsman homes on a single lot. Built in 1914, each cottage offers original moldings, hardwood floors, and a wood-burning fireplace, blending classic character with modern convenience like in-unit washers, dryers, and full kitchens. Perfect for an owner-user, this property provides rental income to offset your mortgage while offering the benefits of living in your own single family home while living in Venice's vibrant heart. Enjoy proximity to shops, restaurants, and the beach in this ideal California lifestyle location.
Price History
Date
Event
Price
10/08/99
Sold
$450,000
Condition Rating
Fair
The property, built in 1914, has been 'beautifully restored' and maintains its 'classic character' with original moldings and hardwood floors, which are in good condition. However, the kitchen, while functional with a newer range, features older white cabinets, basic countertops, and a black-and-white checkerboard floor that appears dated. One bathroom has very outdated yellow wall tiles and an older pedestal sink, clearly requiring aesthetic updates. The other bathroom has period-specific ornate black and white tiling, which is unique but not modern. While the property is well-maintained and move-in ready, the kitchen and bathrooms show significant signs of being outdated in style and features, aligning with the 'Fair' category where major components are functional but show signs of being outdated, and minor updates or repairs are required to meet current standards.
Pros & Cons
Pros
Prime Venice Location: Unbeatable proximity to Abbot Kinney (one block) and the beach (four blocks), offering a highly desirable California lifestyle with easy access to shops, restaurants, and entertainment.
Strong Income Potential: The property consists of three separate 1-bedroom, 1.5-bath units, providing excellent rental income opportunities to significantly offset an owner-user's mortgage.
Historic Craftsman Charm: Beautifully restored 1914 Craftsman homes retain desirable original architectural details like moldings, hardwood floors, and wood-burning fireplaces.
Modernized Unit Conveniences: Each cottage is equipped with modern amenities such as in-unit washers, dryers, and full kitchens, enhancing livability and tenant appeal.
Versatile Owner-User Opportunity: Ideal for an owner who wishes to live in one unit while generating substantial income from the other two, offering financial flexibility and a unique living arrangement.
Cons
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2700, living area = 2241.
Lack of Dedicated Parking: The property description does not specify any dedicated parking, which is a significant drawback and highly sought-after amenity in the dense Venice neighborhood.
Age-Related Maintenance Concerns: As a 1914 build, despite restoration, the property may still present ongoing maintenance challenges or require updates to older infrastructure (e.g., plumbing, electrical) not covered by cosmetic restoration.
Limited Living Space Per Unit: Each cottage is a 1-bedroom unit, which might restrict the target market for both owner-users and renters to individuals or couples, potentially limiting future resale value or rental flexibility for larger households.