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1113 Electric Avenue Unit 1, Venice, California 90291, Venice, 90291 - 1 bed, 2 bath

1113 Electric Avenue Unit 1, Venice, California 90291 home-pic-0
ACTIVE$1,250,000
1113 Electric Avenue Unit 1, Venice, California 90291
1Bed
2Baths
1,010Sqft
14,390Lot
Year Built
2000
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$1,238
HOA
$525
Days on market
-
Sold On
-
MLS number
21797330
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s), Panoramic
Deck
ViewCity Lights,Mountain(s),Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $1.25M(20th), sqft - 1010(20th), beds - 1(20th), baths - 2(40th).

A perfect office alternative or residence; this one-of-a-kind architectural live-work loft, steps to Abbot Kinney Blvd nightlife and shopping. A light-filled corner unit that offers a townhouse style walk up with private 2-car parking garage, a balcony and a roof deck with 360 views, an open floor plan with 20-foot ceilings and automated smart home features. Divine northern exposure lighting throughout and a fresh ocean air breeze from the living room's industrial sliding door. The covered balcony adjoins both the dining area and modern kitchen w/ Caesarstone countertops, walnut cabinetry, under cabinet lights and stainless appliances. Upstairs is the large sleeping area loft which has extra office/flex space and custom wardrobe closet off the main bathroom. The interior features an additional half-bath, white Terrazzo flooring, automated home lighting, Nest video doorbell/thermostat, motorized black out window coverings, in unit laundry area with washer/dryer, storage & FCFS guest/community parking. Large roof deck space with 360 degree views of city lights from the ocean to Hollywood. This is a rare offering in one of the most sought after Abbot Kinney art loft buildings.

Nearby schools

6/10
Westminster Avenue Elementary School
Public,•K-5•0.1mi
4/10
Mark Twain Middle School and World Languages Magnet
Public,•6-8•1.4mi
6/10
Venice Senior High School
Public,•9-12•1.6mi

Price History

Date
Event
Price
11/19/21
Sold
$1,240,000
06/21/05
Sold
$725,000
Condition Rating
Excellent
This property, built in 2000, has undergone extensive and recent modernization, bringing it to an excellent condition. The kitchen features modern walnut cabinetry, Caesarstone countertops, stainless steel appliances (including a double oven range), and under-cabinet lighting, all appearing virtually new and meeting current quality standards. The bathroom is equally contemporary with a modern double vanity, wall-mounted faucets, and sleek dark tiling. Throughout the unit, white Terrazzo flooring, automated smart home features (lighting, Nest thermostat/doorbell, motorized window coverings), and modern light fixtures contribute to a high-end, move-in ready feel with no visible deferred maintenance. While the property is 24 years old, the significant updates and pristine condition of key areas like the kitchen and bathroom, along with smart home tech, indicate an extensive renovation likely within the last 5 years, aligning with the 'Excellent' criteria.
Pros & Cons

Pros

Prime Location: Strategically located steps from Abbot Kinney Blvd, offering unparalleled access to Venice's vibrant nightlife, dining, and shopping scene.
Panoramic Views & Outdoor Living: Features a private roof deck with stunning 360-degree views stretching from the ocean to Hollywood, complemented by an additional balcony for outdoor enjoyment.
Unique Architectural Design: A one-of-a-kind architectural live-work loft with a townhouse-style walk-up, 20-foot ceilings, and an open floor plan, providing a distinctive and spacious feel.
Modern Amenities & Smart Home Features: Equipped with automated smart home features, including lighting, Nest doorbell/thermostat, motorized blackout window coverings, and a modern kitchen with high-end finishes.
Private Parking: Includes a private 2-car parking garage, a significant advantage in a high-density urban area like Venice.

Cons

High Association Fee: A monthly association fee of $525.0 adds a substantial recurring cost to homeownership.
Loft-Style Bedroom: The primary sleeping area is a loft, which may offer less privacy than a traditional enclosed bedroom and limit appeal to certain buyer demographics.
Absence of Central Air Conditioning: The property relies on natural ocean breezes for cooling, with no mention of a central air conditioning system, which could be a drawback during warmer periods.

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