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Sold for $1,940,000 · Mar 2025

SOLD

Listed at $1,995,000

Sold

2428 Ocean Avenue, Venice, CA 90291

Venice, CA

MLS# 25488399

2,048 Sq Ft • Property7bd • 5ba
28 days on market

Listing Agent

Adam Zunder

Listing Agent

Iconic Investments

DRE #: 01821053

Brokerage: Iconic Investments

Property Details

7

Bedrooms

5

Bathrooms

2,048 sqft

Square Feet

1949

Year Built

3,417 sqft

Lot Size

$947

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

We are excited to present an incredible triplex* for sale at 2426-2428 Ocean Ave, located in the highly sought-after Venice neighborhood. This property includes two spacious 2-bedroom, 2-bathroom units, each featuring a den/office and approximately 1,000 square feet of living space. Both units will be delivered vacant! Additionally, the property includes a converted garage unit at the rear, offering approximately 300 square feet of living space.Ocean Ave boasts a prime location, making it an ideal opportunity for an owner-user interested in occupying one or both of the two-bedroom units. Situated just 100 feet from the iconic Venice Canals and within a 10-minute walk to Abbott Kinney and Erewhon, the property is nestled in an exceptionally charming neighborhood.Unit 2428 Ocean Ave is a beautifully renovated, single-level unit featuring 2 bedrooms, 2 baths, and a versatile den/office space. It also includes an in-unit washer and dryer and is separately metered for gas and electricity. The estimated market rent for this unit is $5,000 per month.Unit 2426 Ocean Ave, located upstairs, is also renovated and offers 2 bedrooms, 2 baths, and a den/office, along with the added benefit of a private rooftop deck. The estimated market rent for this unit is $5,500 per month.Both units (2426 and 2428) come with two tandem parking spaces, accommodating a total of four vehicles.Unit 2426 is a garage that was legally converted to a recreational room, not as a unit, and is currently rented for $2,000 per month. Buyers are encouraged to conduct their own due diligence regarding the potential legalization of this space as an Accessory Dwelling Unit (ADU).This property is a rare find and is expected to sell quickly. With its unbeatable location, two vacant and renovated units, converted garage and ample parking, it's an opportunity you don't want to miss!

Listing description from the March 2025 sale, as reported to CRMLS.

Facts & Features

Details

Heating
WallFurnace

Sale history for 2428 Ocean Avenue

1 recorded sale

$1,940,000
Sold March 2025 · listed $1,995,000, on market January 2025, 28 days on market · MLS #25488399 · Source: CRMLS
Listing Agent: Adam Zunder · Listing Office: Iconic Investments · Contact: 747-444-3300 · Bought with: Thomas Neill · Stigler Homes

How this sale compares

2428 Ocean Avenue sold for $1,940,000 in March 2025, 2.8% under its $1,995,000 list price, after 28 days on the market. That works out to $947 per square foot on 2,048 square feet. Across 174 closed sales in 90291 over the last 12 months, the median sold price is $2,100,000 and the median is $1,217 per square foot, 29% above this sale's $947.

$947
This sale, per sq ft
$1,217
90291 median per sq ft (12 mo)
$2,100,000
90291 median sold price (12 mo)
174
Closed sales in 90291 (12 mo)
28
Days on market
−2.8%
Sold vs. list price
QuarterClosed sales in 90291Median sold price
Q1 202620$2,132,500
Q2 202679$2,050,000
Q3 202664$2,130,000
Q4 202611$2,400,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Venice · Homes for sale in 90291

Recent sales near 2428 Ocean Avenue

Closed sales reported in 90291, nearest first, last 12 months. All recent sales in Venice →

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