1060 Nowita Place, Venice, California 90291, Venice, 90291 - 3 bed, 2 bath
1060 Nowita Place
Venice, California 90291
Property Price
SUMMARY
Analysis of 1060 Nowita Place, Venice, California 90291 reveals a property with a current list price of $2,400,000, which is 9% above the estimated $2,194,069 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Venice Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1060 Nowita Place Subject | $2,400,000* List Price | 3 | 2 | 1,280 | $1,714 | - |
A 1016 Indiana Court Sold | $2,150,000 | 3 | 2 | 1,367 | $1,573 | 0.4 mi |
B 704 Valita St Sold | $2,315,000 | 3 | 2 | 1,574 | $1,471 | 0.4 mi |
C 720 Angelus Place Sold | $2,300,000 | 4 | 2 | 1,176 | $1,956 | 0.6 mi |
D 919 Venezia Avenue Sold | $2,140,000 | 3 | 3 | 1,406 | $1,522 | 0.3 mi |
E 926 Nowita Place Sold | $2,290,000 | 3 | 2 | 1,368 | $1,674 | 0.2 mi |
F 825 Coeur D Alene Avenue Sold | $2,444,393 | 3 | 2 | 1,660 | $1,473 | 0.5 mi |
G 2616 Abbot Kinney Boulevard Active | $1,799,000 List Price | 2 | 2 | 1,283 | $1,402 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1950, the property has undergone extensive recent renovations that meet modern quality standards. Key features include a newly built designer ADU, an updated chef's kitchen with high-end stainless steel appliances, and a spa-like primary bathroom with a soaking tub and separate tiled shower. The inclusion of recessed lighting, hardwood floors throughout, and EV charging readiness indicates a comprehensive update with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Outdoor Amenities
The expansive backyard serves as a private oasis featuring a built-in Argentinian grill, pizza oven, and cedar hot tub, offering a rare level of outdoor luxury and entertainment potential for the Venice area.
- Designer ADU
A newly constructed ADU designed by a Dwell-featured architect provides high-end versatile space for rental income, guests, or a home office, significantly increasing the property's overall value and utility.
- Premium Location & Privacy
Situated on a larger-than-average lot in the heart of Silicon Beach with no rear alley, the property offers a unique combination of walkability to Rose Avenue and superior residential privacy.
CONSRISKS & DEFICIENCIES
- Compact Interior Square Footage
At 1,280 square feet for a three-bedroom configuration, the primary living spaces may feel constrained for buyers seeking the more expansive floor plans typically found at this price point.
- Vintage Infrastructure
Originally built in 1950, the property may possess underlying structural or system limitations inherent to older bungalows that modern cosmetic updates cannot fully eliminate.
About 1060 Nowita Place
Welcome to this charming Venice bungalow that perfectly blends modern comfort with relaxed coastal living in the heart of Silicon Beach. Behind a lush, gated front yard, you'll discover a private retreat designed for enjoying the best of indoor-outdoor living. The expansive backyard feels like your own secluded park, ideal for entertaining or unwinding, with a built-in Argentinian grill with pizza oven, cedar hot tub with deck, and beautifully landscaped grounds with a drip irrigation system. Inside, hardwood floors lead through a bright and inviting living space that's perfect for everyday living and hosting friends. The updated chefs kitchen features high end stainless steel appliances, stylish finishes and banquette for entertaining. The primary bathroom offers a spa-like escape with dual sinks, a soaking tub and a separate tiled shower. A newly built ADU designed by Dwell featured architect, provides wonderful flexibility, perfect for guests, a home office, or potential rental income. Additional highlights include recessed lighting throughout, new fencing, and refreshed landscaping with fruit trees for farm to table enjoyment. Set on one of the street's larger lots, with no alley behind for added privacy. Just moments from the vibrant shops and restaurants along Rose Avenue, this special Venice home offers privacy, comfort, and an unbeatable location. The driveway is wired for an EV charger.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 4,777 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,280 | 1,747 | 24% |
| Lot Size | 4,777 | 4,296 | 54% |
| Price | $2.40M | $2.43M | 48% |
| Price per sq ft | $1.9K | $1.3K | 89% |
| Built year | 1950 | 1947 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 162 | 1% |
Pricing History
Listed for Sale
Feb 5, 2026
$2,400,000
Initial Listing
Sold
Dec 6, 2017
$1,630,000
Public Record
Sold
Jul 28, 2009
$705,000
Public Record
Sold
Jun 6, 2006
$852,000
Public Record