Venice was founded by wealthy developer Abbot Kinney in 1905 as a seaside resort town. It was an independent city until 1926, when it merged with Los Angeles. After annexation, many canals were filled in and paved over, and the former central lagoon became a traffic circle. In 1993 the remining canals were refurbished, dredged 5 feet deep in the center and 1½ feet at the sides, with open concrete blocks added to the sides and sloped at 55 degrees. Foot bridges and sidewalks were rebuilt. Ocean tidewater flow in the canals was improved. In the years since the improvements, many of the small cottages along the canals have been replaced with expensive multi-story homes. The canals are on the National Register of Historic Places, and the neighborhood is a National Historic District.
Historical plaque inscription: Venice Canals. Inspired by the canals of Venice, Italy. Built 1906. Declared 1983, Historic Cultural Monument No. 270, Cultural Heritage Commission, City of Los Angeles, Cultural Affairs Department.