803 Boccaccio, Venice, California 90291, Venice, 90291 - 3 bed, 3 bath

803 Boccaccio, Venice, California 90291 home-pic-0
ACTIVE$2,800,000
803 Boccaccio, Venice, California 90291
3Beds
3Baths
1,741Sqft
4,002Lot

Price Vs. Estimate

The estimated value ($2,162,924.885) is $637,075.115 (22%) lower than the list price ($2,800,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Income Potential & Versatility: The property features two distinct, private homes generating substantial market rents ($10,300/month total), offering flexible options for living, multi-generational use, or investment as a mini-compound.
Top Cons:
Potential Overpricing: The list price of $2.8M is significantly above the estimated property value of $2.16M, which may deter potential buyers or require strong justification for the premium.

Compared to the nearby listings

Price:$2.80M vs avg $2.29M (+$509,500)73%
Size:1,741 sqft vs avg 1,818 sqft49%
Price/sqft:$1.6K vs avg $1.3K81%

More Insights

Built in 1942 (83 years old).
Condition: This 1942-built property has undergone a significant and thoughtful renovation, presenting as move-in ready with a distinct architectural style. The main home features vaulted ceilings, clerestory windows, light oak and cork flooring, and slate tiled countertops in the kitchen, which is equipped with stainless steel appliances. While the kitchen's style, particularly the slate countertops, and the visible window AC units in bedrooms suggest the renovation may not be ultra-recent (within the last 5 years) or include a full modern HVAC system, the overall condition is well-maintained and aesthetically pleasing. The property does not require immediate repairs or updates, aligning with the 'Good' criteria, though the absence of central air is a notable omission for a property of this caliber and price point.
Year Built
1942
Close
-
List price
$2.8M
Original List price
$2.8M
Price/Sqft
$1,608
HOA
-
Days on market
-
Sold On
-
MLS number
25537009
Home ConditionGood
Features
Deck
Patio
ViewCourtyard

About this home

Tucked away on a quiet Venice corner lot, two distinct homes stand side by side, each with its own character, charm, and each completely private. The first is a 1,309 SF 2 BR + 2 BA home that perfectly captures the effortless cool of Venice, where architectural design and coastal charm converge. As soon as you step inside, the soaring vaulted ceilings with clerestory windows invite the sky in, and subtly infuse the space with natural light. The airy ambiance is matched by warm materials throughout: light oak as well as cork flooring, whitewashed walls, and slate tiled countertops. The open floor plan effortlessly connects the living room, cozy reading or TV nook, dining area, and kitchen anchored by a beautifully curved counter creating a seamless flow ideal for both quiet evenings and effortless entertaining. 8 foot glass doors lead you to outdoor decks and patio areas, blurring the lines between indoor and outdoor living. Each of the two spacious bedrooms is its own retreat: the ensuite offers access to a private outdoor area, while the second opens out to its own deck. Every space in the home feels both expansive and intimate, and its overall thoughtful design emphasizes the connection to both the outdoors and Venice's laid-back, artistic style. The second home, a 432-square-foot Traditional, exudes warmth as soon as you walk through the gate into a charming enclosed front yard. Inside, a cozy yet open living and dining area flows into the kitchen, and the single bedroom, basking in soft light, offers comfort and calm. Both homes are currently tenant occupied with market rents of $6,800 and $3,500 respectively making this not only a unique living opportunity, but a smart investment as well. Two homes, one lot, endless possibilities: live in one, rent the other; share with family; or enjoy as a peaceful, income-producing Venice mini-compound.

Condition Rating
Good

This 1942-built property has undergone a significant and thoughtful renovation, presenting as move-in ready with a distinct architectural style. The main home features vaulted ceilings, clerestory windows, light oak and cork flooring, and slate tiled countertops in the kitchen, which is equipped with stainless steel appliances. While the kitchen's style, particularly the slate countertops, and the visible window AC units in bedrooms suggest the renovation may not be ultra-recent (within the last 5 years) or include a full modern HVAC system, the overall condition is well-maintained and aesthetically pleasing. The property does not require immediate repairs or updates, aligning with the 'Good' criteria, though the absence of central air is a notable omission for a property of this caliber and price point.
Pros & Cons

Pros

Exceptional Income Potential & Versatility: The property features two distinct, private homes generating substantial market rents ($10,300/month total), offering flexible options for living, multi-generational use, or investment as a mini-compound.
Prime Venice Corner Lot Location: Situated on a quiet corner lot in Venice, providing a desirable and sought-after address with inherent lifestyle appeal and privacy.
Distinct Architectural Charm: The main home boasts architectural design with soaring vaulted ceilings, clerestory windows, and an open floor plan, creating an airy, light-filled ambiance that captures Venice's cool aesthetic.
Seamless Indoor-Outdoor Living: Enhanced by 8-foot glass doors leading to multiple private decks and patio areas, blurring the lines between interior and exterior spaces for effortless entertaining and relaxation.
Thoughtful Design & Materials: Features warm materials like light oak and cork flooring, whitewashed walls, and slate countertops, contributing to a cohesive and inviting aesthetic throughout the main residence.

Cons

Potential Overpricing: The list price of $2.8M is significantly above the estimated property value of $2.16M, which may deter potential buyers or require strong justification for the premium.
Age-Related Maintenance Concerns: Built in 1942, the property may have original systems (e.g., plumbing, electrical, roof) that could require significant updates or maintenance in the near future, not explicitly detailed as upgraded.
Absence of Modern HVAC System: The description does not mention a cooling system (like central AC), which could be a notable drawback for comfort during warmer periods, especially given the property's price point and location.

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