905 5th Avenue, Venice, California 90291, Venice, 90291 - 2 bed, 1 bath

905 5th Avenue, Venice, California 90291 home-pic-0
ACTIVE$1,099,000
905 5th Avenue, Venice, California 90291
2Beds
1Bath
900Sqft
1,350Lot
Year Built
1924
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$1,221
HOA
-
Days on market
-
Sold On
-
MLS number
SB25230003
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Great Deal:The estimated price is 4% above the list price. We found 3 Cons,5 Pros. Rank: price - $1.10M(2th), sqft - 900(8th), beds - 2(29th), baths - 1(15th).

Welcome to 905 5th Avenue, Venice Beach — a beautifully updated 1924 bungalow offering timeless coastal charm, modern comfort, and endless possibilities as it is zoned RD1.5. Perfectly situated just blocks from the sand and steps from Abbot Kinney Boulevard, this residence embodies the best of Venice living. Inside, the home features two spacious bedrooms and one elegantly tiled bathroom, thoughtfully designed to maximize both comfort and functionality. An abundance of natural light pours in through multiple skylights - roof was redone in 2000, highlighting the warmth of the original hardwood floors and creating an inviting, open ambiance throughout. The granite kitchen with in-unit laundry offers modern convenience, while the efficient ~900 sq ft floor plan is ideal for effortless living. The lifestyle at 905 5th Avenue is truly unparalleled. Walk to world-famous Venice landmarks including the lively Boardwalk, the historic Canals, and iconic Muscle Beach. Just around the corner, enjoy some of Los Angeles’ most renowned dining and shopping — from neighborhood staples like Gjusta and The Waterfront, to the vibrant boutiques, cafés, and galleries along Abbot Kinney Boulevard. Whether envisioned as a primary residence, a beachside retreat, a possible development opportunity, or a strategic investment property (previously AIRBNB with a lucrative income), this charming bungalow offers a rare opportunity to experience the unique culture, energy, and lifestyle that make Venice one of Southern California’s most sought-after coastal communities.

Price History

Date
Event
Price
10/02/25
Listing
$1,099,000
04/21/22
Sold
$1,200,000
11/15/12
Sold
$530,000
Condition Rating
Good

This 1924 bungalow has undergone significant and tasteful updates, making it move-in ready. The kitchen features granite countertops, modern mint-green shaker cabinets, and stainless steel appliances, all in good condition. The bathroom is a highlight, showcasing a very recent and stylish renovation with striking teal subway tiles, white subway tiles, and modern black fixtures. Hardwood floors throughout the living areas and bedrooms are well-maintained. While the roof was redone in 2000 (making it 25 years old and nearing the end of its typical lifespan) and central HVAC is not apparent (a wall heater is visible), the overall condition, especially the key areas of kitchen and bathroom, reflects a property that has been extensively renovated within the last 5-15 years, aligning with a 'Good' rating.
Pros & Cons

Pros

Exceptional Coastal Location: Unbeatable proximity to Venice Beach, Abbot Kinney Boulevard, and iconic landmarks, offering a highly desirable walk-to-everything lifestyle.
Significant Development Potential: Zoned RD1.5, presenting a valuable opportunity for future expansion, redevelopment, or multi-unit conversion.
Proven Income-Generating Asset: Previously operated as a lucrative Airbnb, highlighting its strong potential for rental income and investment returns.
Charming & Updated Interior Features: Boasts original hardwood floors, abundant natural light from multiple skylights, and a modern granite kitchen with convenient in-unit laundry.
Timeless Architectural Appeal: A beautifully updated 1924 bungalow that retains its classic coastal charm, appealing to buyers seeking character and a unique Venice aesthetic.

Cons

Modest Square Footage: The efficient ~900 sq ft floor plan may be considered compact for buyers seeking larger living spaces or additional rooms.
Aging Roof System: The roof, redone in 2000, is 25 years old, suggesting it may be approaching the end of its functional life and could require future capital expenditure.
Limited Outdoor Space: The 1350 sq ft lot size is relatively small, potentially restricting extensive outdoor living areas or significant landscaping opportunities.

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