1257 Preston Way

Los Angeles CA 90291

1285 sq. ft.

5690 sq. ft.

Single-Family

Last sold for $2,100,000

Emmanuel Xuereb, last sold this property on 23 July 2026 after 687 days on market.

Overview

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 living 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..

Features

3 bedrooms

2 bathrooms

1 carspace

1285 sq. ft. floor area

5690 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Los Angeles over the last 12 months, the estimated median property value of 1257 Preston Way is $2.43m.

Median value

$2.43m

Estimated value range

$1.4m - $5.29m

Median days on market

Estimated value trend

10%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.