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837 Milwood Ave, Venice, CA 90291

List Price: $1,525,000On Market FlagOn market
Jul 2, 20251,340 sqft3 beds2 baths
Listed by: Consuela Kielbowicz
License #: 01733753
Phone #: 310-435-6602
Del Rey Urban Brokerage Inc
Source:
CRMLS Logo
MLS #: 25559855

Property Description

We're excited to share a fantastic opportunity to create value on one of the best streets in Venice. This income property is located on an extra-wide, tree-lined street, offering close proximity to Abbot Kinney, Rose Avenue, and some of the hottest new spots on Lincoln Blvd. The property itself boasts timeless charm and character, surrounded by lush landscaping and mature fruit trees. It's situated on a beautiful street among multi-million dollar properties. The front unit is a spacious and bright 2-bedroom, 1-bathroom unit with access to the front yard. The attached rear unit is a 1-bedroom, 1-bathroom unit with a separate entrance off the side yard. There's additional outdoor space between the units and the large two-car garage with an extra laundry room area. Both units feature many original finishes, hardwood floors, and great natural light. Please note that the property is currently tenant-occupied. This property can potentially work for an owner-user. Live in one of the units and build an Accessory Dwelling Unit (ADU) above the garage for additional income. Rent control laws apply, and all buyers to do their own due diligence as they relate to any tenant relocations. For Investors and Developers, the lot has tremendous potential to be transformed into a stunning duplex with the option for a third ADU unit, totaling three units. This is a unique opportunity in a highly desirable location for a savvy investor or owner-user. The property is being sold As-Is. Inspection reports are available upon request. DO NOT DISTURB TENANTS.
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

$19,794

TurboHome Estimated Value

$1,422,300

$1,061 sqft

High Valuation
$1,493,415
$1114/sqft
Normal Valuation
$1,422,300
$1061/sqft
Low Valuation
$1,351,185
$1008/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1061/sqft$1,422,300

Neighborhood: Venice

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Comparative Value

$1.52M

$1.55M

$1.64M

$1.90M

837 Milwood Ave, Venice, CA 90291

List Price: $1,525,000

Subject Property

1027 Pleasantview Ave, Venice, CA 90291

Sale Price: $1,550,000

Selected Comparable

749 Brooks Ave, Venice, CA 90291

Sale Price: $1,550,000

Selected Comparable

1102 Oakwood Ave, Venice, CA 90291

Sale Price: $1,640,000

Selected Comparable

1020 Oakwood Ave, Venice, CA 90291

Sale Price: $1,650,000

Selected Comparable

929 Lake St, Venice, CA 90291

Sale Price: $1,900,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
837 Milwood Ave, Venice, CA 90291

837 Milwood Ave, Venice, CA 90291

List: $1,525,000

Listed: 7/2/2025

Area:1,340 sqft
Price/sqft:$1,138
Beds:3
Baths:2
Year Built:
Lot Size:4,378

Comparable Properties

COMPARABLE
Choose comps
929 Lake St, Venice, CA 90291

929 Lake St, Venice, CA 90291

Sale: $1,900,000

6/26/20250.30 mi

Area:1,500 sqft
Price/sqft:$1,267
Beds:3
Baths:2
Year Built:
Weight:21.2%
1027 Pleasantview Ave, Venice, CA 90291

1027 Pleasantview Ave, Venice, CA 90291

Sale: $1,550,000

2/21/20250.10 mi

Area:1,208 sqft
Price/sqft:$1,283
Beds:3
Baths:2
Year Built:
Weight:20.8%
749 Brooks Ave, Venice, CA 90291

749 Brooks Ave, Venice, CA 90291

Sale: $1,550,000

5/21/20250.24 mi

Area:1,180 sqft
Price/sqft:$1,314
Beds:3
Baths:2
Year Built:
Weight:20.7%
1020 Oakwood Ave, Venice, CA 90291

1020 Oakwood Ave, Venice, CA 90291

Sale: $1,650,000

9/24/20240.14 mi

Area:1,180 sqft
Price/sqft:$1,398
Beds:3
Baths:2
Year Built:
Weight:19.5%
1102 Oakwood Ave, Venice, CA 90291

1102 Oakwood Ave, Venice, CA 90291

Sale: $1,640,000

5/21/20250.09 mi

Area:1,090 sqft
Price/sqft:$1,505
Beds:3
Baths:1
Year Built:
Weight:17.8%

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