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408 Linnie Canal, Venice, CA 90291

$1.90M1bd · 1ba · 436 sqft
Lot 2,849 sqft•Single Family Residence•
Active
•55d on market•MLS# 00-26981075

Property Description

A rare opportunity in the heart of the Venice Canals. Newly completed and never lived in, 408 Linnie Canal is a modern transformation of a classic canal-side bungalow offering immediate usability today and compelling possibilities for the future. The thoughtfully redesigned studio features custom cabinetry and countertops, large-format Italian tile flooring, commercial-grade aluminum windows and an expansive triple-slider that fills the interior with natural light and creates a seamless indoor-outdoor connection. Concealed laundry accommodations are incorporated beneath the island, while the large western wall provides an ideal location for a Murphy bed.The bungalow's existing approximately eight-foot setback from the canal walkway creates an unusually intimate relationship with the Canals while preserving significant open space across the remainder of the approximately 2,849-square-foot lot. Enjoy the property as a pied--terre, guest residence, office or creative retreat while exploring potential future expansion, outdoor entertaining areas, a pool or additional living space, subject to applicable requirements and approvals.Directly across from the neighborhood park and playground and moments from the beach, Abbot Kinney, Washington Boulevard and Marina del Rey, the location captures the quintessential Venice lifestyle.For those seeking an even larger vision, 410 Linnie Canal is also available, presenting the exceptionally rare possibility of a two lot assemblage of two contiguous parcels in the Venice Canals. Whether acquired independently or as part of a larger compound, 408 Linnie Canal offers a combination of location, flexibility and future potential that is increasingly difficult to replicate.

Features & Amenities

FeeBuilt 1924

Property Details

Land Type
Fee
Year Built
1924
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Canal
Flooring
Wood
City
Venice
Zip Code
90291
County
Los Angeles
Listed byHollywood Estates, Oliver Thornton

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,602.38
Principal & Interest
Loan Amount
$1,519,200
Total Interest
$1,937,656
Total Payment Over 30 Years
$3,456,856
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

408 Linnie Canal, Venice, CA 90291

Venice · Single Family Residence

$1.90M
Luxury Tier
Beds
1
Baths
1
Sqft
436
Lot
2,849 sqft
Year
1924
$/Sqft
$4356
Pool: No✓
Spa: No✓
View: Canal✓

Listed 7.3% above the median closed sale of $1,770,000. Price per sqft ($4,356) is a 67% premium to closed comps ($2,603). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.90M· $4,356/sqft
Total list price
Closed comps
vs closed median $1.77M
+$129K (+7.3%)
Active comps
vs active median $1.97M
−$75K (−3.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,610
+$3K (+170.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
225 Carroll CanalLos Angeles19262402,400$0$2.00M4575
2432 Ocean AvenueVenice1949211,0623,687$1,596$1.70M359
430 Rialto AvenueVenice1952321,0482,550$1,884$1.97M5357
10 20th AvenueVenice2001331,5642,641$1,215$1.90M1157
19 30th AvenueVenice1948221,2002,644$1,746$2.10M115354
Total: 5 · Average2.42.41,218.52,784.4$1,610.25$1.93M253
Median1,200$1.97M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
414 Carroll CanalVenice192204/28/2026013912,850$1.90M$1.77M$4,5270.934686
2615 Beach AvenueVenice195810/30/20263202,698$1.70M$1.66M$00.988176
236 Howland CanalVenice192109/14/2026218072,833$1.75M$1.75M$2,1691.004971
427 Howland CanalVenice192605/27/2026218802,849$2.19M$2.08M$2,3580.944767
232 Howland CanalVenice192110/01/2026321,4752,852$2.15M$2.00M$1,3590.937064
Total: 5 · Average2.01.4888.252,816.4$1.85M$1.85M$2,603.25—58.6
Median880$1.77M$1.77M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.