As a beach city in Los Angeles, Venice has possibly the most unique personality.  The eclectic mix of new and old combined with a passion for expressive art is prevalent not only in residential real estate but in the variety of restaurants and stores that are sprinkled throughout.  While Abbot Kinney Boulevard and the Canals traditionally get the attention when it comes to real estate there are many great streets and properties that can be found in Venice.

Jannone Development recognized the opportunity to be a part of the transformation of Venice real estate in the luxury residential real estate market.  We purchased a small bungalow (~1,000 sq ft) and developed plans to transform it into a stunning 3,500 sq ft home that would stand out as unique among the other new luxury homes and yet still meet the needs of today’s buyers. Embracing the ever changing demands of today’s home buyer in Venice this property was developed with concepts that not only included the features buyers expect in this market (i.e. open floor plan, premium appliances, imported materials, etc.) but also items that are in high-demand yet hard to find such as a large basement to be used as at home office and an entertainers BBQ area incorporated into the rooftop deck.

This project is expected to be delivered in Q1 of 2021 in the $3.2-$3.3M price range, about $300 psf less than the Venice median which should allow it to sell prior to the completion date.

When you would like to find out about current opportunities to invest in our residential projects we invite you to simply fill out the contact form and we can share with you our packages of past performance showing ROI’s from 70% to 150%.