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709 Brooks Ave, Venice, CA 90291

List Price: $1,990,000On Market FlagOn market
May 23, 2025980 sqft3 beds2 baths
Listed by: Imra Behnam
License #: 01912569
Phone #: 310-246-5193
Nest Seekers
Source:
CRMLS Logo
MLS #: 25542957

Property Description

Seize a Remarkable Investment Opportunity on a Prime Development Project at 709 Brooks Avenue, Venice. Take advantage of this exceptional opportunity to invest in a prime development project. With a Letter of Determination in hand confirming no requirement for affordable unit replacement, this offering presents a phenomenal opportunity for investors and developers to make their mark. This meticulously planned small-lot development project approved and ready to go features two stunning single-family homes totaling approximately 5,500 sq. ft., situated in the highly sought-after Brooks Avenue neighborhood. Designed by renowned architect Robert Thibodeau, each of the two three-story homes spans about 2,500 sq. ft. and offers sophisticated living in the heart of Venice. Each home boasts an expansive great room with soaring ceilings, an open-concept living and dining area, and a gourmet chef's kitchen. Fully finished rooftop terraces with large fire pits and built-in benches provide the perfect space for outdoor entertaining and relaxation.The thoughtful floor plans include two bedrooms and a family area on the ground floor, while the entire mezzanine level is dedicated to a luxurious master suite, offering privacy and comfort. Located on a highly developed street, this property is within walking distance of the vibrant Abbot Kinney Boulevard, and just a short drive to Marina Del Rey's premier shopping, dining, and entertainment options.
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

$29,583

TurboHome Estimated Value

$1,981,100

$2,022 sqft

High Valuation
$2,080,155
$2123/sqft
Normal Valuation
$1,981,100
$2022/sqft
Low Valuation
$1,882,045
$1920/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2022/sqft$1,981,100

Neighborhood: Venice

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Comparative Value

$1.55M

$1.64M

$1.70M

$1.99M

$2.15M

749 Brooks Ave, Venice, CA 90291

Sale Price: $1,550,000

Selected Comparable

1027 Pleasantview Ave, Venice, CA 90291

Sale Price: $1,550,000

Selected Comparable

1102 Oakwood Ave, Venice, CA 90291

Sale Price: $1,640,000

Selected Comparable

1018 Oakwood Ave, Venice, CA 90291

Sale Price: $1,697,500

Selected Comparable

709 Brooks Ave, Venice, CA 90291

List Price: $1,990,000

Subject Property

649 Indiana Ave, Venice, CA 90291

Sale Price: $2,150,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
709 Brooks Ave, Venice, CA 90291

709 Brooks Ave, Venice, CA 90291

List: $1,990,000

Listed: 5/23/2025

Area:980 sqft
Price/sqft:$2,031
Beds:3
Baths:2
Year Built:
Lot Size:5,225

Comparable Properties

COMPARABLE
Choose comps
649 Indiana Ave, Venice, CA 90291

649 Indiana Ave, Venice, CA 90291

Sale: $2,150,000

6/13/20250.11 mi

Area:1,189 sqft
Price/sqft:$1,808
Beds:3
Baths:2
Year Built:
Weight:21.0%
749 Brooks Ave, Venice, CA 90291

749 Brooks Ave, Venice, CA 90291

Sale: $1,550,000

5/21/20250.08 mi

Area:1,180 sqft
Price/sqft:$1,314
Beds:3
Baths:2
Year Built:
Weight:20.6%
1018 Oakwood Ave, Venice, CA 90291

1018 Oakwood Ave, Venice, CA 90291

Sale: $1,697,500

5/4/20250.12 mi

Area:984 sqft
Price/sqft:$1,725
Beds:2
Baths:2
Year Built:
Weight:19.9%
1102 Oakwood Ave, Venice, CA 90291

1102 Oakwood Ave, Venice, CA 90291

Sale: $1,640,000

5/21/20250.20 mi

Area:1,090 sqft
Price/sqft:$1,505
Beds:3
Baths:1
Year Built:
Weight:19.3%
1027 Pleasantview Ave, Venice, CA 90291

1027 Pleasantview Ave, Venice, CA 90291

Sale: $1,550,000

2/21/20250.17 mi

Area:1,208 sqft
Price/sqft:$1,283
Beds:3
Baths:2
Year Built:
Weight:19.2%

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