2513 Lincoln Boulevard, Venice, California 90291, Venice, 90291 - 3 bed, 3 bath

2513 Lincoln Boulevard, Venice, California 90291 home-pic-0
ACTIVE$3,495,000
2513 Lincoln Boulevard, Venice, California 90291
3Beds
3Baths
3,000Sqft
1,866Lot

Price Vs. Estimate

The estimated value ($3,471,274.24) is $23,725.76 (0%) lower than the list price ($3,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Versatility & Income Potential: Rare LAC2 zoning allows for diverse commercial uses (restaurant, lounge, gym, spa, media studio) and significant rental income from the separate studio ($4k-6k/mo) and main house ($15k/mo).
Top Cons:
High Price Point & Niche Market: The list price of $3.495 million targets a very specific luxury buyer, potentially limiting the pool of interested parties.

Compared to the nearby listings

Price:$3.50M vs avg $2.29M (+$1,204,500)85%
Size:3,000 sqft vs avg 1,831.5 sqft83%
Price/sqft:$1.2K vs avg $1.3K41%

More Insights

Built in 2013 (12 years old).
Condition: Built in 2013, this 'James Bond architectural' property, though 12 years old by the listing date, presents as virtually new. The kitchen boasts an open-concept design with a stone bar and high-end Miele appliances, reflecting current quality standards. Bathrooms feature modern fixtures, including rainfall showers and a unique rooftop outdoor shower, all in pristine condition. The property showcases black hardwood floors, polished concrete, and custom teak wood on the rooftop, indicating superior material quality and minimal physical depreciation. With custom sound, an infrared sauna, and meticulous maintenance evident throughout, this property meets the 'excellent' criteria of having all components virtually new and meeting current quality standards with no deferred maintenance.
Year Built
2013
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$1,165
HOA
-
Days on market
-
Sold On
-
MLS number
25553931
Home ConditionExcellent
Features
Excellent View: None
Deck
Spa
View-

About this home

"The Venice Art House", a James Bond architectural fully gated property with rare LAC2 zoning and two addresses in the heart of Venice. Between Abbott Kinney Boulevard and Lincoln, this compound is fully secured and private. The property features 3 beds and 3 full baths, with a rooftop outdoor shower, spa, infrared sauna, and custom sound. 11ft ceilings in the LR on the 2nd floor reach to 14ft in the open-concept kitchen with a stone bar, gigantic double-paned glass windows in the LR to limit sound, and ceiling to floor elegant custom drapes in the LR and BR. Black hardwood floors throughout, adorned with Timothy Oulton furniture set with vintage appointments, Miele appliances, thick steel beams, and elgantly bent iron railings. The first level features a 4-car garage, and a separate open studio space with its own entry and gate, polished concrete floors, rainfall shower, and it's own AC, kitchenette and washer/dryer. The house was built with sought after durability, including images of the build, and full blueprints. The spacious master bedroom offers British design, a beautiful custom walk-in closet, custom blackout drapes and curtains, and a private balcony. A spiral staircase above the kitchen leads to a library-movie room with four skylights, including one in the upper bathroom with full shower. A separate staircase from the LR leads to the rooftop deck featuring custom finished teak wood, lush California succulents and panoramic views from the palm tress in MDR to the hills above Sunset. Sun or work in privacy between the spa, fireplace and outdoor shower while listening to orchestra music above the city. The revenue from the separate studio and media can be retained, currently ranging from $4,000-6,000/mo, or the entire main house can be leased for an additional $15,000/mo or on VRBO and other platforms for more. With incredible versatility with LAC2 zoning, the entire three story property could also be transformed into a restaurant, lounge, gym, retreat spa, or media studio with remarkable possibilities. This is one of the rarest gems in all of Venice, offering a unique blend of privacy and security while allowing you to fully enjoy life in the heart of Venice.

Price History

Date
Event
Price
11/24/21
Sold
$1,550,000
08/05/20
Sold
$1,150,000
08/15/11
Sold
$275,002
04/23/09
Sold
$250,000
Condition Rating
Excellent

Built in 2013, this 'James Bond architectural' property, though 12 years old by the listing date, presents as virtually new. The kitchen boasts an open-concept design with a stone bar and high-end Miele appliances, reflecting current quality standards. Bathrooms feature modern fixtures, including rainfall showers and a unique rooftop outdoor shower, all in pristine condition. The property showcases black hardwood floors, polished concrete, and custom teak wood on the rooftop, indicating superior material quality and minimal physical depreciation. With custom sound, an infrared sauna, and meticulous maintenance evident throughout, this property meets the 'excellent' criteria of having all components virtually new and meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Versatility & Income Potential: Rare LAC2 zoning allows for diverse commercial uses (restaurant, lounge, gym, spa, media studio) and significant rental income from the separate studio ($4k-6k/mo) and main house ($15k/mo).
Luxury Architectural Design & High-End Finishes: Described as 'James Bond architectural' with 11-14ft ceilings, black hardwood floors, Miele appliances, thick steel beams, custom sound, and British design elements, indicating superior quality and unique aesthetics.
Premium Amenities & Rooftop Deck: Features include a rooftop outdoor shower, spa, infrared sauna, library-movie room with skylights, and a custom teak wood rooftop deck with fireplace and panoramic views.
Prime Venice Location with Privacy: Situated in the heart of Venice, between desirable Abbott Kinney and Lincoln, yet fully gated and secured, offering a rare blend of central access and privacy.
Durable Construction & Modern Infrastructure: Built in 2013 with 'sought after durability,' including blueprints and images of the build, and features like gigantic double-paned glass windows for sound limitation.

Cons

High Price Point & Niche Market: The list price of $3.495 million targets a very specific luxury buyer, potentially limiting the pool of interested parties.
Small Lot Size: With a lot size of only 1866 sqft, the property offers limited outdoor ground space, which might be a drawback for buyers seeking larger gardens or yard areas.
Potential for Noise from Proximity to Lincoln Blvd: While double-paned windows are mentioned to limit sound, its location on Lincoln Boulevard suggests potential for traffic noise, which might still be a concern for some buyers despite mitigation efforts.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state