745 Milwood Ave, Venice, CA 90291

For Sale: $4,500,000

Price Cut (May 14): -$900,000

Est. Mortgage:

Estimated Monthly Payment

($900,000)
4.019%$17,226/mo
3.112%$25,055/mo
2.673%$14,550/mo

$17,226/mo 
Description
"The Lantern House", a revered, much-published* Venice landmark is on the market. Formerly, a triplex of nearly century-old, classic beach cottages, the property is soon to be legally a single-family compound. Find here an incomparable private oasis where fountains, art and riotous landscaping meld the indoors and outdoors into everything iconoclastic, delightful and exotic. Located on the most-coveted, celebrity-studded street in Venice, the Lantern House is close to the beach and central to the amenities that make Venice world-famous. These "cottages in the sun" are offered fully-furnished with the owner's lifetime assemblage of fine art, furniture, furnishings, collectibles and curios: nearly "lock, stock and barrel"! Perfect for owner-users who need a home studio or office. Shown by appointment to serious, qualified buyers. A rare opportunity for developers.MoreLess
    • Days on Zillow201
    • CoolingUnknown
    • ParkingUnknown
    • Basement TypeUnknown
    • FireplaceYes
    • Floor CoveringUnknown
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Zestimates
 ValueRange30-day change $/sqftLast updated
Zestimate What's this?
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
$4,010,956$1.89M – $6.78M-$31,437$2,65806/17/2013
Rent Zestimate What's this?
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$8,228/mo$2.6K – $16K/mo-$1,017$5.4506/17/2013
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Market guide
Zillow predicts Venice home values will increase 15% next year, compared to a 11.1% increase for Los Angeles as a whole. Among Venice homes, this home is 316.1% more expensive than the midpoint (median) home, and is priced 297.6% more per square foot.

Learn more about forecast calculations or Venice home values.
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  • Richard Stanley
    • Coldwell Banker Residential Brokerage - Los Feliz
    • Call: (323) 906-2417
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Get more information

  • Richard Stanley
    • Coldwell Banker Residential Brokerage - Los Feliz
    • Call: (323) 906-2417
Close
Want to learn how to appear as the agent above? Contact us here or call us at 866-324-4005

Email successfully sent!Submission failed!

Next: Find out what you can afford on Zillow Mortgage Marketplace.

Get pre-approved

Next: Get Pre-approved

A Zillow Confirmed Lender will call you.

Contact me

Thanks for using Zillow to find agents and lenders to help you with your home shopping.

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