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23 18th Ave, Venice, CA 90291

Sale Price: $2,500,000
Nov 21, 20241,872 sqft4 beds4 baths
Listed by: Tracy Tutor
License #: 01326769
Phone #: 310-464-2321
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Source:
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MLS #: 24465713

Property Description

A rare opportunity just steps from the sand and a block from the iconic Venice sign, this mid-century modern duplex epitomizes beachside living. With ocean views and an unbeatable location, the property features two distinct units: an updated 1-bedroom owner's suite with the opportunity to easily convert to a 2-bedroom, upstairs and a 3-bedroom unit downstairs, offering exceptional rental income with significant upside potential.Set on a spacious lot with a two-car garage onsite and two additional off-street parking spaces accessible via the alley. This property boasts multiple secure patio spaces at the front, middle, and rear of the residence. Recent upgrades include kitchens, resort-style bathrooms, sleek new flooring, upgraded doors, modern lighting, and landscaping.Ideal for an owner-user, the property also presents unique opportunities: convert the existing garage into an ADU with a rooftop deck or reimagine the duplex as a single-family home. Whether for personal enjoyment or leveraging Venice's soaring rental market, this one-of-a-kind offering is primed for endless possibilities. Both units will be delivered vacant.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$40,680

TurboHome Estimated Value

$2,656,000

$1,419 sqft

High Valuation
$2,788,800
$1490/sqft
Normal Valuation
$2,656,000
$1419/sqft
Low Valuation
$2,523,200
$1348/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1419/sqft$2,656,000

Neighborhood: Venice

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Comparative Value

$2.05M

$2.20M

$2.40M

$2.50M

$2.60M

$3.30M

300 S Venice Blvd, Venice, CA 90291

Sale Price: $2,050,000

Selected Comparable

2010 Alberta Ave, Venice, CA 90291

Sale Price: $2,199,000

Selected Comparable

25 18th Ave, Venice, CA 90291

Sale Price: $2,400,000

Selected Comparable

23 18th Ave, Venice, CA 90291

Sale Price: $2,500,000

Selected Comparable

23 18th Ave, Venice, CA 90291

List Price: $2,600,000

Subject Property

226 Carroll Canal, Venice, CA 90291

Sale Price: $3,297,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
23 18th Ave, Venice, CA 90291

23 18th Ave, Venice, CA 90291

List: $2,600,000

Listed: 11/21/2024

Area:1,872 sqft
Price/sqft:$1,389
Beds:4
Baths:4
Year Built:
Lot Size:2,641

Comparable Properties

COMPARABLE
Choose comps
23 18th Ave, Venice, CA 90291

23 18th Ave, Venice, CA 90291

Sale: $2,500,000

1/31/20250.00 mi

Area:1,872 sqft
Price/sqft:$1,335
Beds:4
Baths:4
Year Built:
Weight:22.9%
2010 Alberta Ave, Venice, CA 90291

2010 Alberta Ave, Venice, CA 90291

Sale: $2,199,000

4/16/20250.20 mi

Area:2,117 sqft
Price/sqft:$1,039
Beds:4
Baths:4
Year Built:
Weight:21.2%
25 18th Ave, Venice, CA 90291

25 18th Ave, Venice, CA 90291

Sale: $2,400,000

5/28/20250.01 mi

Area:2,455 sqft
Price/sqft:$978
Beds:4
Baths:4
Year Built:
Weight:19.5%
226 Carroll Canal, Venice, CA 90291

226 Carroll Canal, Venice, CA 90291

Sale: $3,297,000

3/14/20250.29 mi

Area:2,356 sqft
Price/sqft:$1,399
Beds:4
Baths:4
Year Built:
Weight:18.8%
300 S Venice Blvd, Venice, CA 90291

300 S Venice Blvd, Venice, CA 90291

Sale: $2,050,000

2/19/20250.25 mi

Area:2,009 sqft
Price/sqft:$1,020
Beds:3
Baths:4
Year Built:
Weight:17.6%

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