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2709 Strongs Drive, Venice, California 90291, Venice, 90291 - 1 bed, 1 bath

2709 Strongs Drive, Venice, California 90291 home-pic-0
ACTIVE$1,500,000
2709 Strongs Drive, Venice, California 90291
1Bed
1Bath
590Sqft
2,660Lot

Price Vs. Estimate

The estimated value ($1,355,191.19) is $144,808.81 (9%) lower than the list price ($1,500,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Exceptional location within a short walk to Venice Beach, the Venice Canals, and Abbot Kinney Boulevard, offering unparalleled lifestyle amenities and high walkability.
Top Cons:
Existing Structure Condition: The current 1926-built, 590 SF residence is likely considered a tear-down, adding demolition costs and offering minimal value to the property in its present state.

Compared to the nearby listings

Price:$1.50M vs avg $2.28M ($-782,500)6%
Size:590 sqft vs avg 1,818 sqft3%
Price/sqft:$2.5K vs avg $1.3K98%

More Insights

Built in 1926 (99 years old).
Condition: The property was built in 1926 and the MLS description explicitly states that the existing residence is 'likely considered a tear-down,' with its value based solely on the land for redevelopment. The interior image shows an unrenovated space with outdated features, including a wall-mounted heater and an old-fashioned built-in cabinet, consistent with a home that has not had major renovations in decades. The first image appears to be a rendering or a different, modern property and does not represent the current structure.
Year Built
1926
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$2,542
HOA
-
Days on market
-
Sold On
-
MLS number
25578005
Home ConditionTear down
Features
View-

About this home

2709 Strongs Drive presents a unique opportunity to acquire a well-located parcel in Venice Beach, positioned just a short walk from the beach, the Venice Canals, and Abbot Kinney Boulevard. Zoned RD 1.5-1, the site qualifies for a Small Lot Subdivision, making it ideal for developers, architects, or end- users seeking to build custom modern homes in one of Los Angeles' most supply-constrained neighborhoods. The property is currently improved with a 590 SF single-family residence built in 1926, offering low existing site coverage and a clean slate for redevelopment. Its strong positioning within a highly walkable pocket of Venice, surrounded by lifestyle amenities, beach access, and architectural precedent, makes this a versatile investment for end-users and developers alike. 2709 Strongs may also be acquired with immediately adjacent 2712 Pacific Ave, creating an assemblage totaling 7,976 SF of lot area for redevelopment. Email agents for offering memorandum. Do Not Disturb Tenants. Submit POF and terms with offer. Showing upon accepted offer/with notice per occupancy. Broker/Buyer to verify all information, including SF, units, income/expenses, zoning, and permits. Subject to seller's right to accept or reject any offer. See also MLS # 25578063

Condition Rating
Tear down
The property was built in 1926 and the MLS description explicitly states that the existing residence is 'likely considered a tear-down,' with its value based solely on the land for redevelopment. The interior image shows an unrenovated space with outdated features, including a wall-mounted heater and an old-fashioned built-in cabinet, consistent with a home that has not had major renovations in decades. The first image appears to be a rendering or a different, modern property and does not represent the current structure.
Pros & Cons

Pros

Prime Location: Exceptional location within a short walk to Venice Beach, the Venice Canals, and Abbot Kinney Boulevard, offering unparalleled lifestyle amenities and high walkability.
Development Potential: Zoned RD 1.5-1, the parcel qualifies for a Small Lot Subdivision, making it highly attractive for developers to build custom modern homes in a supply-constrained market.
Redevelopment Ready: The existing 1926-built, 590 SF single-family residence has low site coverage, providing a clean slate for new construction without significant demolition hurdles.
Assemblage Opportunity: The option to acquire the immediately adjacent 2712 Pacific Ave parcel creates a larger 7,976 SF development site, significantly enhancing its appeal for larger projects.
Versatile Investment: The property offers flexibility for both developers seeking to maximize land value and end-users desiring to build a custom dream home in a highly sought-after area.

Cons

Existing Structure Condition: The current 1926-built, 590 SF residence is likely considered a tear-down, adding demolition costs and offering minimal value to the property in its present state.
Tenant Occupied/Limited Access: The property is tenant-occupied with strict showing protocols ('Do Not Disturb Tenants,' 'Showing upon accepted offer/with notice'), which can complicate buyer due diligence and viewing processes.
High Land Value Pricing: The $1.5M list price primarily reflects the land's development potential and prime location, which may deter buyers not focused on redevelopment or those expecting more value from the existing structure.

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