Power publicist, tech investor and founder Jessica Schaefer is listing her Venice Beach home for $3.15 million — down from its $3.75 million ask last year. 

Dubbed the “Good Karma House,” the modern beach bungalow, built in 2016, is at 621 Mildred Ave., in the Silver Triangle neighborhood by Abbot Kinney Blvd

Schaefer founded her PR company Bevel in 2017 — and then sold it to Jeff Herzog’s Avenue Z in 2023. Her clients have included crypto companies like Coinbase and hedge funders like Steve Cohen’s Point72. Over the years, she has worked with OpenAI, Coinbase, Better.com, Morgan Stanley, Mastercard, Acorns, Dave.com, Greycroft, TheRealReal, Bird, Public.com and Yieldstreet.


  Jessica Schaefer. Will Myers on behalf of the Gambino Group Jessica Schaefer. Will Myers on behalf of the Gambino Group

  The modern home near Venice Beach was built in 2016. Will Myers | Gambino Group The modern home near Venice Beach was built in 2016. Will Myers | Gambino Group

  The home includes a glam rooftop, perfect for hanging out and enjoying Venice sunsets. Will Myers | Gambino Group The home includes a glam rooftop, perfect for hanging out and enjoying Venice sunsets. Will Myers | Gambino Group

  The views of Venice Beach and the surrounding neighborhoods in LA. Will Myers | Gambino Group The views of Venice Beach and the surrounding neighborhoods in LA. Will Myers | Gambino Group

  The home includes an open living/dining area with a double-sided fireplace. Will Myers | Gambino Group The home includes an open living/dining area with a double-sided fireplace. Will Myers | Gambino Group

  The slick, modern kitchen comes with a breakfast bar. Will Myers | Gambino Group The slick, modern kitchen comes with a breakfast bar. Will Myers | Gambino Group

Schaefer then founded the femtech, AI-powered fertility services start-up Lushi — named for a chicken that lays blue eggs. It spun out of her own personal need for help navigating a post-divorce egg-freezing journey that, she realized, reflected a larger gap for such a service in the general market, she has said in prior interviews.

Earlier this year, Schaefer also launched AI-powered Capital V Strategies, a “reputation advisory firm for CEOs” for strategic communications, brand building and search engine maximization for tech companies, founders, hedge funders and CEOs — as well as for celebrities, athletes and posh brands. CapV also has a venture arm. It’s based out of a 6,000-square-foot space at 40 Thompson St. in Manhattan’s Soho neighborhood.


  Sculptural stairs in the property. Will Myers | Gambino Group Sculptural stairs in the property. Will Myers | Gambino Group

  A chic bedroom boasts a sitting area and private outdoor space. Will Myers | Gambino Group A chic bedroom boasts a sitting area and private outdoor space. Will Myers | Gambino Group

The three-bedroom dwelling is 2,766 square feet and features glass walls, an elevator and a rooftop deck with a built-in barbecue, lounge seating, a dining area, a fire pit — and views from Malibu to the Santa Monica Mountains.

The home, Schaefer told Gimme Shelter, “is where I sold my first company and started my second — Bevel and Lushi.”

She added: “I believe in cosmic energy and it’s been a very prosperous place for me. Every dollar I put into this home was a reflection of making my dreams a reality. I want another founder to experience the same good fortune.”


  A magical rooftop with a fire pit and stunning views offers plenty of space to entertain. Will Myers | Gambino Group A magical rooftop with a fire pit and stunning views offers plenty of space to entertain. Will Myers | Gambino Group

  The rooftop is the stuff Venice Beach dreams are made of. Will Myers | Gambino Group The rooftop is the stuff Venice Beach dreams are made of. Will Myers | Gambino Group

The main level features a double-sided fireplace, high ceilings and window walls — and an open living/dining area with a chef’s kitchen.

A main bedroom suite features a glass wall overlooking greenery, plus a spa-like bath with an onyx shower. 

One of Schaefer’s favorite things about the home are the lemon and kumquat trees.

“It takes five years for lemon trees to grow fruit. I first planted them during COVID when everything was falling apart as an act of faith. Five years later — fruit on the trees, two companies built, and a third just started, I’m leaving them for the next owner because this home will bloom something beautiful for them too,” she added.


  Cream stairs and polished concrete add to the airy, modern feel. Will Myers | Gambino Group Cream stairs and polished concrete add to the airy, modern feel. Will Myers | Gambino Group

Schaefer bought the home for around $3.59 million in 2022 from LA rug designer Erik Lindstrom, who designed and built it with the award-winning architecture firm Minarc. Design details include polished concrete floors, recessed lighting, built-ins — and a 400-bottle wine cellar with a dumbwaiter.

“A lot of my best ideas happened around the fire pit,” Schaefer said. “Million-dollar deals, late-night talks just staring up at the sky with a glass of wine. The 400-bottle cellar kept us well stocked. This home knows how to work and how to unwind. If you’re a builder, a dreamer, or just someone who loves a good night under the stars, this home is the perfect fit.”

The listing brokers are Carl Gambino and John Bercsi, of the Gambino Group at Compass. Gambino also helped Schaefer move to the East Coast with his Concierge Relocation Services, a “value add” that included finding her a cross-country art transfer service. 

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