16 Park Ave, Venice, CA 90291

3 beds, 3 baths, 2,825 sqft
Sold: $2,800,000
Sold on 03/24/14
Zestimate®: $2,660,532
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We are sitting on top of the world in Venice, California, overlooking the beach and ocean from the private terrace topping 16 Park Avenue ... where each evening you can enjoy the sun setting over the Pacific.
We are about to view a very unique, very special and really extraordinary Venice beach house ... located on one of Venice's most attractive walk streets ... just one building to the sand and 3 short blocks to Venice's finest restaurants and shops on Abbot Kinney Boulevard.
A thoughtful blend of the old and the new, this romantic home was built at the beginning of Venice history in1906 by Abbot Kinney for his son, Thornton. The home was constructed at the time when Abbot Kinney?s "Venice of America" was evolving from just a vision into a world famous destination.
In 2006, the home was completely renovated and a new wing, designed by Venice Architect Michael Hricak, was added. Original historic features and moldings were preserved and meticulously continued in the addition.
The beautiful light-filled 425 square foot living room is both timeless and elegant. The focal point is original inglenook fireplace with a wood burning stove. The original butler's pantry was preserved in the design of the all-new gourmet kitchen.
The flow of the house is magnificent. The outside spaces blend seamlessly with the interior spaces. High walls afford a privacy not often found this close to the sand. This is an ideal home for entertaining ... yet cozy for just the family. Privacy
The second level contrasts the old with the new. The new wing houses the dramatic master suite that soars 3 stories high to the spectacular roof terrace. Here you will find a stunning bathroom with an English claw foot tub, a private balcony and a loft overlooking the sleeping area. The original bedroom area includes a private guest suite with spacious bedroom, cozy TV/reading nook, new bathroom, an office (very small bedroom) and a hall of closets. Plus there is a third bedroom
The oversized lot is almost 5000 s/f with parking for seven cars (3 in the garage, 4 outside). One of the garages is used as an art studio. There are previously permitted architectural plans for a 3 bedroom 2.5 bath second unit over a four-car garage and a lap pool.
This is truly a one-of-a kind opportunity for the buyer in search of a meticulously maintained estate at the beach in Venice, California.
 
What I love about the home
Sweeping white water views from the roof terrace. One building to the sand on a walk street. Totally renovated historic property with an added 3 story contemporary wing. Two short blocks to Abbot Kinney Boulevard ... the "most happening" street in LA.
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Facts
  • Lot: 4,809 sqft
  • Single Family
  • Built in 1906
  • Cooling: Other
  • Heating: Forced air
  • Last sold: Mar 2014 for $2,800,000
  • Price/sqft: $991
Features
  • Barbecue
  • Ceiling Fan
  • Deck
  • Double Pane/Storm Windows
  • Fenced Yard
  • Fireplace
  • Flooring: Concrete, Hardwood
  • Parking: Garage - Detached, Off street, 3 spaces
  • Patio
  • Storage
  • Transportation
  • Vaulted Ceiling
  • View: Water
Additional Features
  • 3-car garage+4 addl parking, huge lot, plans for a detached 3+2.5 second unit & lap pool
Appliances Included
  • Dishwasher
  • Dryer
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer
Room Types
  • Breakfast nook
  • Dining room
  • Family room
  • Library
  • Master bath
  • Office
  • Pantry
  • Sun room
  • Walk-in closet
Construction
  • Exterior material: Stucco, Wood
  • Roof type: Composition
  • Room count: 12
  • # Stories: 3.0
  • Structure type: Craftsman
  • Unit count: 2
Other
  • Floor size: 2,825 sqft
  • Heating: Gas
  • Last remodel year: 1914
  • Laundry: In Unit
  • Parcel #: 4286025001
  • Zillow Home ID: 20482259
Home Values
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$2,660,532
+$115,684 Last 30 daysd
$2.53M
$2.79M
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$8,948/mo
+$788 Last 30 daysd
$5.3K
$12K
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Neighborhood for 16 Park Avenue

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Zillow predicts Venice home values will rise 10.4% next year, compared to a 7% increase for Los Angeles as a whole. Among Venice homes, this home is valued 103.5% more than the midpoint (median) home, and is valued 18.3% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Venice, the number of foreclosures waiting to be sold is 41.6% lower than in Los Angeles, and 61% lower than the national average. This lower local number could help Venice home values rise more quickly than other regions in Los Angeles.

Learn more about forecast calculations or Venice home values.
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