49 Wavecrest Ave, Venice, CA 90291
FOR SALE

49 Wavecrest Ave
Venice, CA 90291

Venice
  • 6 Beds
  • 8 Baths
  • 3,964 sqft

$2,200,000

Est. Mortgage $13,040/mo*
Get Pre-Qualified

$2,200,000

Est. Mortgage $13,040/mo*
Get Pre-Qualified
6 Beds
8 Baths
3,964 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Located just one block from the sand at Venice Beach, this rare two parcel offering combines seven highly desirable units in one of Los Angeles' most iconic coastal neighborhoods. The unit mix includes one 1BR/1.5BA, four 1BR/1BA units, one studio, and a standalone 1BR/1BA cottage situated on the adjacent parcel at 1007 Pacific .In addition to its premier location, the property provides exceptional privacy and security with fenced and gated entry. A private, fenced courtyard at the front of the property serves as a shared outdoor space, while the rear area offers ample room for tenants to park and secure bicycles, the preferred mode of transportation at the beach. At the list price, the asset delivers a 4.34% cap rate with a pro forma cap rate of 5.43%, supported by competitive pricing metrics of $314,000 per door and $555 per square foot, strong for a beach adjacent property . There may also be potential to subdivide the parcels for resale or owner/user occupancy, subject to verification with the City of Venice.
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Property Website

Home Highlights

Parking
None
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$555
Listed
5 days ago

Home Details for 49 Wavecrest Ave

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 8
Dimensions and Layout
Living Area: 3964 Square Feet
Appliances & Utilities
Appliances: DisposalDisposal
Heating & Cooling
Heating: Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: Multi/Split

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None

Days on Market

Days on Market: 5

Property Information

Year Built
Year Built: 1907
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Craftsman
Building
Has Additional Parcels

Price & Status

Price
List Price: $2,200,000Price Per Sqft: $555

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: Venice

Agent Information

Listing Agent
Listing ID: 26811603

Building

Building Area
Building Area: 3964 Square Feet

Lot Information

Lot Area: 2382.732 sqft

Listing Info

Special Conditions: Standard

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: 26811603Listing Url
Last check for updates: about 5 hours ago
Listing courtesy of Keith Moret DRE # 01802527, (310) 617-2240
Lyon Stahl Investment Real Estate, Inc., (310) 425-9838
Nicholas Ensbury DRE # 02012167
Lyon Stahl Investment Real Estate, Inc., (310) 425-9838
Source: CLAW, MLS#26811603
Also Listed on CRMLS.

Price History for 49 Wavecrest Ave

DatePriceEventSource
05/02/2026$2,200,000Listed For SaleCLAW #26811603

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Sqft
45 Paloma Ave, Venice, CA
0.33
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$2,744,000
11/26/25
5
8
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19 Wavecrest Ave #1, Venice, CA
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$4,545,000
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7,280
11 20th Ave, Venice, CA
0.41
Multi-Family Home
$2,500,000
02/20/26
7
6
3,216
32 Horizon Ave, Venice, CA
0.16
Multi-Family Home
$1,600,000
01/08/26
4
4
2,454
125 Brooks Ave, Venice, CA
0.11
Multi-Family Home
$1,825,000
12/15/25
4
3
2,173
224 Horizon Ave, Venice, CA
0.21
Multi-Family Home
$1,919,000
10/27/25
4
4
2,298
22 20th Ave, Venice, CA
0.43
Multi-Family Home
$1,150,000
12/24/25
4
6
2,980
1914 Pacific Ave, Venice, CA
0.40
Multi-Family Home
$1,940,000
11/25/25
6
4
2,768
11 19th Ave, Venice, CA
0.37
Multi-Family Home
$2,600,000
08/29/25
4
5
2,724
217 Windward Ave, Venice, CA
0.27
Multi-Family Home
$2,708,750
06/27/25
4
3
2,762

Assigned Schools

These are the assigned schools for 49 Wavecrest Ave.
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Neighborhood Overview

Venice
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Venice

At least 457 Trulia users voted on each feature.

  • 96 % Say it's dog friendly

  • 93 % Say it's walkable to restaurants

  • 93 % Say there are sidewalks

  • 80 % Say it's walkable to grocery stores

  • 65 % Say car is needed

  • 64 % Say people would walk alone at night

  • 62 % Say neighbors are friendly

  • 60 % Say yards are well-kept

  • 56 % Say they plan to stay for at least 5 years

  • 54 % Say parking is easy

  • 54 % Say there's holiday spirit

  • 49 % Say streets are well-lit

  • 43 % Say there are community events

  • 43 % Say it's quiet

  • 42 % Say kids play outside

  • 37 % Say there's wildlife

Learn more about our methodology.
  • Ken Cunningham
    "There’s a lot of good sidewalks but the yards are very small so it can be difficult if you have a large dog"
    0
    Flag
  • Odile Roujol
    "No you need a car if another district. Stay here else be ready for traffic Jams . You can go to Santa Monica "
    0
    Flag
  • hlieb
    "There’s a fair amount of traffic,so you must be very alert crossing the street as I have seen cars blow through stop signs and not even slow down"
    0
    Flag
  • Eve Rappoport
    "Close to Venice high, decent schools in area. There aren’t a lot of kids around, however. Lots of trees. Several large traffic intersections."
    0
    Flag
  • Pefahey
    "People walk their dogs all the time and dogs seem to be very welcome in this neighborhood. Everybody seems to have one. It’s nice to see people taking such good care of animals."
    0
    Flag
  • Eve Rappoport
    "It’s very flat and easy to walk dogs. There are many restaurants with outdoor seating, and the Marina and several parks are nearby."
    0
    Flag
  • Trulia User
    "Overcrowded with tourists and homeless, there’s never street parking and it’s so noisy with fireworks/drunks/homeless. Nice to visit for restaurants that’s it. "
    2
    Flag
  • Trulia User
    "It’s very dirty and unsafe. Better just to visit during the early morning or nice restaurants briefly "
    1
    Flag
  • Sarah Kelly
    "There’s some areas that are safe and others that are not. Definitely important to do research on the area in Venice has homeless and crime in certain spots."
    0
    Flag
  • BZ
    "Venice is unique and eclectic with wonderful restaurants and a fun nightlife. It’s a great place for young people. "
    3
    Flag
  • Santiago Juyo
    "Food and trash on the ground can be dangerous so annoying to deal with here in Venice. Lots of green areas "
    1
    Flag
  • B B
    " Easy by car. 25 minutes maximum. Kids take bus and we bike a lot. Love the neighborhood "
    0
    Flag
  • Trulia User
    "I love this neighborhood. It feels like living in a beachside bike-friendly village next to a big city. "
    3
    Flag
  • Trulia User
    "good city for families and kid friendly dogs lovers good place to live I would recommend this city to anyone who would want to feel safe to live "
    1
    Flag
  • Trulia User
    "I am about to move here and in process of transitioning. I like sunshine and understanding people to what it is today. I am still looking for a place to live in a studio for a single person. "
    1
    Flag
  • Trulia User
    "It’s special in its own ways. Very laid back, very friendly. Community driven A bit what you picture about Californian life "
    4
    Flag
  • Trulia User
    "You see people walking up and down streets with all kinds of dogs. It’s difficult to find a receptacle for dog poop. "
    0
    Flag
  • Trulia User
    "It’s got a great neighborhood feel and is away from the hustle & bustle but still very close to the action. Surrounded by trees and plenty ma & pop shops :) "
    0
    Flag
  • Trulia User
    "Although I do not live here, everyone seems genuinely love their community. Whatever they are doing to keep their people happy is working. "
    0
    Flag
  • Trulia User
    "Penmar park is great for dogs. Dog friendly in most businesses. Watch out for broken glass and harmful objectives on the sidewalks in Venice. "
    0
    Flag
  • Trulia User
    "About 20 to 30 min lots of traffic The commute to and from is a bit Challenging. However living on the Westside is very Kool. Great weather Lots of restaurants, bars, dinning There is The 3rd Street Promenade Fox Hills Mall Howard Hughes Center Numerous boutique/ ethnic Spots "
    0
    Flag
  • Trulia User
    "Plenty of homeless people, the streets are dirty and not particularly safe to walk around at night. "
    0
    Flag
  • Trulia User
    "Everyone has a dog here. Very dog friendly and close to the beach too. Lots of dog parks and most have been cleaned up after homeless overran them during COVID"
    0
    Flag
  • Trulia User
    "I’m moving out of state Im a Cali native and I’ve lived in Venice since 1998. It used to be great - terrible now "
    0
    Flag
  • Trulia User
    "The people, the houses, the relaxed vibe, the natural beauty and the quirky characters. People are generally warm, friendly and willing to offer help if needed. We have a great selection of restaurants and stores. Anything you need is within a short range. Even the beach"
    15
    Flag
  • Loulou111
    "I work from home but driving is easy from the Oxford ave anywhere.....,. Lovely quiet neighborhood & plenty of nature........ Neighbors watch out for each other & a good mix of ages"
    4
    Flag
  • Erin K.
    "I love the weather and biking to the many amazing restaurants in the area. However, the homeless situation gets worse everyday. We pay too much to live here surrounded by crime and garbage. "
    29
    Flag
  • Terry B.
    "I have lived in Venice all my life. There’s no other place I would rather live. The weather is great, usually 20° cooler than downtown Los Angeles. Many outdoor activities including bike riding, surfing, walking, tennis, paddle tennis, basketball, rollerskating , swimming, And many more. Great walkability to restaurants, shopping, library, farmers market. Dog friendly. "
    7
    Flag
  • Olivia O.
    "Venice is a chilled out, sea-side feel neighborhood. I was raised in Cape Town South Africa and there is a similarity of “vibe”. "
    0
    Flag
  • Cbowenusc
    "What commute? I do not have a commute, a big driver behind my decision to live in Venice - great vibes all day and quiet at night "
    0
    Flag
  • Danielledruz
    "It’s more of a young persons game. Young couples and new families but i think there are better places to raise kids"
    0
    Flag
  • Nathanlycan
    "I love this neighborhood . It blends a beachside community with a growing art and culinary scene but maintains some of the less manicured, dogtown vibe"
    0
    Flag
  • Kamv25
    "Honestly, we don't really have anything. Halloween used to be fun out here and houses used to go all out, not anymore. "
    0
    Flag
  • Nhailebuga
    "Usually, medium to heavy traffic all week. Commute is 30 mins to work and usually 15 at night. Weekends get very busy due to Venice beach. "
    0
    Flag
  • Shon B.
    "Beach events are always good fun. Biking is great in this area and people are definitely respectful of the bike lane. "
    0
    Flag
  • Altheatupper
    "Neighbors are incredibly nice, great restaurants, and walker friendly. This is a wonderful place to live!"
    0
    Flag
  • Linkn
    "Abbot Kinney street fair happens every yeah, they do many beach events and for the new year they do the penguin plunge at the pier. "
    0
    Flag
  • Linkn
    "Venice gets more visitors than Disneyland. Parking is hard to find, the closer you are to the beach. Many homes are Airbnb. Love Venice but the prices are extremely high! the homeless population is higher than normal. "
    2
    Flag
  • Sarah G.
    "Farmers markets, parks, great places to eat, the beach, jumping jacks, wizards, bean dip, and big hugs at red lights."
    0
    Flag
  • Dolph
    "It’s a very “bohemian” environment... I’m sure super fun for kids 13-18... I would keep an eye on younger kids as Venice doesn’t always bring the best elements to the beach... all in all, it’s a fun diverse place with people from all over the world and all different social and economic backgrounds and a great place in my opinion."
    1
    Flag

LGBTQ Local Legal Protections

Keith Moret, Lyon Stahl Investment Real Estate, Inc., (310) 425-9838
Agent Phone: (310) 617-2240
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-05-08 02:18:04 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
49 Wavecrest Ave, Venice, CA 90291 is a 6 bedroom, 8 bathroom, 3,964 sqft multi-family built in 1907. 49 Wavecrest Ave is located in Venice, Venice. This property is currently available for sale and was listed by CLAW on May 2, 2026. The MLS # for this home is MLS# 26811603.