1031 Lake Street, Venice, CA 90291
1031 Lake Street, Venice, CA 90291
Property Description
This charming Venice bungalow was masterfully remodeled and expanded in 2023, now offering 3 bedrooms and 2 bathrooms across a thoughtfully reimagined floorplan. A finished garage adds versatile flex space ideal for a home office, playroom, gym, or studio. Inside, an open-concept kitchen with a center island flows effortlessly into a comfortable dining area and spacious living room, creating an easy rhythm for everyday living and entertaining. Gated parking offers added privacy and security, while a large backyard provides room to garden, host, or simply unwind. Just minutes from Abbot Kinney, the beach, and Venice's best shops and dining, this is turnkey Venice living at its finest.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Venice · Single Family Residence
Listed 5.6% below the median closed sale of $2,430,000. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 416 Brooks Avenue | Venice | 1908 | 3 | 2 | 1,364 | 5,200 | $1,829 | $2.50M | 27 | 90 |
| 1163 Nelrose Avenue | Venice | 1914 | 3 | 2 | 1,288 | 4,272 | $1,398 | $1.80M | 156 | 83 |
| 718 Valita Street | Venice | 1956 | 2 | 2 | 1,503 | 5,097 | $964 | $1.45M | 10 | 82 |
| 2429 Cloy Avenue | Venice | 1975 | 3 | 2 | 1,317 | 3,604 | $1,500 | $1.98M | 28 | 81 |
| 949 Nowita Place | Venice | 1911 | 3 | 2 | 1,687 | 6,375 | $2,190 | $3.69M | 86 | 77 |
| Total: 5 · Average | 2.8 | 2.0 | 1,431.8 | 4,909.6 | $1,576.2 | $2.28M | 61.4 | |||
| Median | 1,364 | $1.98M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 935 Indiana Avenue | Venice | 1948 | 10/02/2026 | 3 | 2 | 1,410 | 4,809 | $1.80M | $1.72M | $1,216 | 0.95 | 62 | 81 |
| 1060 Superba Avenue | Venice | 1926 | 09/01/2026 | 3 | 2 | 1,536 | 4,801 | $2.45M | $2.45M | $1,594 | 1.00 | 82 | 81 |
| 1009 Vernon Avenue | Venice | 1951 | 07/31/2026 | 3 | 2 | 1,896 | 5,009 | $2.60M | $2.67M | $1,411 | 1.03 | 35 | 80 |
| 232 Howland Canal | Venice | 1921 | 10/01/2026 | 3 | 2 | 1,475 | 2,852 | $2.15M | $2.00M | $1,359 | 0.93 | 69 | 80 |
| 1145 Palms Boulevard | Venice | 1964 | 08/18/2026 | 3 | 3 | 1,718 | 5,754 | $2.50M | $2.43M | $1,414 | 0.97 | 53 | 80 |
| Total: 5 · Average | 3.0 | 2.2 | 1,607 | 4,645 | $2.25M | $2.25M | $1,398.8 | — | 60.2 | ||||
| Median | 1,536 | $2.43M | $2.43M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.