Pending

1257 Preston Way

Venice, CA 90291

$1,995,000 $8,411/Mo

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Overview

Bed

Bath

1,285

Sqft

5,690

Sqft(Lot)

Description

To live in or to build, that is the question. Situated on a rare, generous, and highly coveted close to 5,700 sft corner lot, this property offers the ultimate Venice opportunity. Located on two of the neighborhood's peaceful, most residential streets, this property is ready for its next chapter, whether that means living in it and enjoying its rich history or building a spectacular new modern compound. For the builder, it offers a prime, sun-drenched corner footprint with massive upside potential surrounded by multi-million dollar new construction. For the end-user, it is a slice of classic Venice culture. This light-filled Spanish bungalow features meticulously restored original character, bright southern exposure, and a seamless indoor-outdoor flow. The main house includes a welcoming l iving room with a fireplace, a charmingly restored retro kitchen, and a unique, cabin-like primary suite boasting a massive fireplace and a classic Dutch door leading to the yard. Step outside into a private, lanai-style enclosed sanctuary or retreat to the expansive, tranquil backyard, ideal for entertaining and coastal breezes. The ultimate Venice bonus is a renovated, ultra-hip retro caravan in the backyard, perfect for a creative studio, home office, or guest retreat. Located in a peaceful, tight-knit pocket just moments from Abbot Kinney, Rose Avenue, and the beach, you can walk or bike to the great schools, dining, and shopping the Westside has to offer. Live in a stylish, soulful compound today, or build an unforgettable architectural masterpiece tomorrow. Photos of the appliances and caravan are before renovation, and appliances were replaced with new ones..

Property Details

Property Type : Residential

Price : $1,995,000

AD Id : 79071452

MLS Id : 26835065

Beds : 3

Lot Size : 5,690 Sqft

Living Area Size : 1,285

Year Built : 1926

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3

Bathroom Information

Total Baths: 2 Full Baths: 2 Half Baths: 0
Interior Features

Property Appliances: Dishwasher,Microwave Fireplace: Living Room Flooring: Tile,Wood Furnished Description: Unfurnished
Heating Source

Combination,Fireplace(s),Space Heater Has Heating

Fireplace

Fireplace Features: Living Room Has Fireplace: 1

Building Information

Year Built: 1926 Building Area Total: 1,285

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1306 Lot Size Dimensions: 44x128
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5690

Listing Price Information

Original List Price: 1,995,000 Listing Contract Date: 2026-05-22
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4244026027

Garage and Parking

Garage Description: Driveway

Homeowners Association

Other Property Info

Source Listing Status: Pending Source Neighborhood: C11 - Venice Postal Code Plus 4: 2943 Directions: East of Penmar and North of Palms. Zoning: LAR1 Source Property Type: Residential Area: C11 - Venice Property SubType: Single Family Residence
Building and Construction

Property Age: 100 Common Walls: No Common Walls Property Condition: Updated/Remodeled Structure Type: Single Family Residence Year Built Source: Vendor Enhanced Total Square Feet Living: 1285 Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3932 Glencoe Avenue, Venice, CA, 90291	$4,299,000	4	6	4,325	4,325 SqFt
2403 Louella Avenue, Venice, CA, 90291	$2,495,000	--	--	2,947	2,947 SqFt
2478 Glyndon Avenue, Venice, CA, 90291	$1,850,000	4	2	2,807	2,807 SqFt
2040 Glencoe Avenue, Venice, CA, 90291	$4,748,000	4	4	3,800	3,800 SqFt
2445 Glyndon Avenue, Venice, CA, 90291	$4,650,000	5	5	3,950	3,950 SqFt
2026 Louella Avenue, Venice, CA, 90291	$4,095,000	4	4	3,400	3,400 SqFt
2477 Walnut Avenue, Venice, CA, 90291	$1,885,000	4	2	1,398	1,398 SqFt
1347 Palms Boulevard, Venice, CA, 90291	$9,600,000	4	4	3,872	3,872 SqFt
2013 Louella Avenue, Venice, CA, 90291	$3,648,000	4	4	3,175	3,175 SqFt
2036 Glyndon Avenue, Venice, CA, 90291	$4,995,000	5	5	4,275	4,275 SqFt

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ByOwner last updated this listing 06/07/2026 @ 05:24

MLS: 26835065 LISTED BY: Emmanuel Xuereb, Compass 323-593-6999 SOURCE: CRMLS