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905 5th Ave, Venice, CA 90291

List Price: $1,147,000On Market FlagOn market
May 17, 2025900 sqft2 beds1 baths
Listed by: Meredith Gruszka
License #: 02013805
Phone #: 310-968-4557
Pardee Properties
Source:
CRMLS Logo
MLS #: 25540265

Property Description

Whether you're looking for a starter home or a smart investment for short-term rentals with an approximate 5% CAP rate, this bungalow is a perfect choice. This adorable 2-bedroom, 1-bathroom recently renovated bungalow offers the perfect blend of beach living and modern convenience, just blocks from the sand and a stone's throw from the vibrant Abbot Kinney Blvd. Skylights throughout fill the home with natural light, enhancing its airy, open feel. With a prime location near local favorites like Gjusta, RVR, and Felix, plus the best of Rose Avenue's shops and dining, this home is the ultimate Venice retreat. Enjoy a quick trip to the beach, or relax in your cozy oasis with easy access to the city's best spots. Don't miss the chance to live or invest in one of LA's most sought-after neighborhoods!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$14,877

TurboHome Estimated Value

$1,069,400

$1,188 sqft

High Valuation
$1,122,870
$1248/sqft
Normal Valuation
$1,069,400
$1188/sqft
Low Valuation
$1,015,930
$1129/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1188/sqft$1,069,400

Neighborhood: Venice

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Comparative Value

$949K

$1.15M

$1.35M

$1.39M

100 S Venice Blvd 8, Venice, CA 90291

Sale Price: $949,000

Selected Comparable

905 5th Ave, Venice, CA 90291

List Price: $1,147,000

Subject Property

615 Hampton Dr B105, Venice, CA 90291

Sale Price: $1,150,000

Selected Comparable

857 Milwood Ave, Venice, CA 90291

Sale Price: $1,349,999

Selected Comparable

540 Altair Pl, Venice, CA 90291

Sale Price: $1,350,000

Selected Comparable

635 Venice Blvd, Venice, CA 90291

Sale Price: $1,385,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
905 5th Ave, Venice, CA 90291

905 5th Ave, Venice, CA 90291

List: $1,147,000

Listed: 5/17/2025

Area:900 sqft
Price/sqft:$1,274
Beds:2
Baths:1
Year Built:
Lot Size:1,350

Comparable Properties

COMPARABLE
Choose comps
540 Altair Pl, Venice, CA 90291

540 Altair Pl, Venice, CA 90291

Sale: $1,350,000

2/6/20250.41 mi

Area:758 sqft
Price/sqft:$1,781
Beds:2
Baths:1
Year Built:
Weight:21.5%
857 Milwood Ave, Venice, CA 90291

857 Milwood Ave, Venice, CA 90291

Sale: $1,349,999

5/16/20250.56 mi

Area:843 sqft
Price/sqft:$1,601
Beds:2
Baths:2
Year Built:
Weight:21.1%
635 Venice Blvd, Venice, CA 90291

635 Venice Blvd, Venice, CA 90291

Sale: $1,385,000

2/21/20250.67 mi

Area:990 sqft
Price/sqft:$1,399
Beds:2
Baths:2
Year Built:
Weight:19.4%
615 Hampton Dr B105, Venice, CA 90291

615 Hampton Dr B105, Venice, CA 90291

Sale: $1,150,000

6/3/20250.24 mi

Area:1,037 sqft
Price/sqft:$1,109
Beds:1
Baths:1
Year Built:
Weight:19.1%
100 S Venice Blvd 8, Venice, CA 90291

100 S Venice Blvd 8, Venice, CA 90291

Sale: $949,000

10/28/20240.66 mi

Area:966 sqft
Price/sqft:$982
Beds:2
Baths:2
Year Built:
Weight:19.0%

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