1620 Electric Avenue, Venice, California 90291, Venice, 90291 - 5 bed, 6 bath

1620 Electric Avenue
Venice, California 90291
Property Price
SUMMARY
Analysis of 1620 Electric Avenue, Venice, California 90291 reveals a property with a current list price of $5,299,000, which is 10% above the estimated $4,799,310 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 |
|---|---|---|---|---|---|---|
★ 1620 Electric Avenue Subject | $5,299,000* List Price | 5 | 6 | 3,790 | $1,266 | - |
A 2413 Wilson Avenue Sold | $3,850,000 | 4 | 4 | 3,196 | $1,205 | 0.4 mi |
B 24 Clubhouse Avenue Sold | $4,800,000 | 4 | 4 | 3,940 | $1,218 | 0.7 mi |
C 509 Santa Clara Avenue Sold | $4,495,000 | 3 | 3 | 2,909 | $1,545 | 0.3 mi |
D 840 California Avenue Active | $4,950,000 List Price | 5 | 6 | 3,935 | $1,258 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2019, this architecturally designed home is in pristine condition. It features high-end modern finishes including wide-plank oak flooring, a chef's kitchen with marble waterfall countertops, and luxury amenities such as a state-of-the-art theater and wine cellar, meeting all criteria for a top-tier modern residence.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Pedigree
Designed by Andy Liu, a former Senior Associate to Frank Gehry, the home features exceptional architectural integrity and a sophisticated modern aesthetic.
- Premier Location
Situated on the iconic, tree-lined Electric Avenue, the property offers a rare blend of privacy while being steps away from the vibrant shops and dining of Abbot Kinney Boulevard.
- Luxury Entertainment Amenities
The residence is fully equipped for high-end living with a private pool, a state-of-the-art theater with a 110-inch screen, and a 500-bottle wine cellar.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3892, living area = 3790.
- Limited Lot Size
With a lot size of 3,892 sqft nearly matching the 3,790 sqft of living space, the outdoor yard area is relatively compact for a luxury home of this caliber.
- Lack of Scenic Views
Despite its premium price point and architectural significance, the property does not offer the ocean or panoramic views often expected in the Venice luxury market.
About 1620 Electric Avenue
Designed by acclaimed architect Andy Liu, founder of 10-19 Architecture and former Senior Associate to Frank Gehry, this home showcases a thoughtful balance of architectural integrity, natural light, and modern livability.Located just steps from Abbot Kinney Boulevard widely considered the heartbeat of Venice the home sits on iconic Electric Avenue, a quiet, tree-lined enclave long favored by artists, musicians, and notable creatives seeking privacy while remaining moments from the area's vibrant shops, restaurants, and the beach. Over the years, the street has attracted celebrated residents drawn to its unique blend of seclusion, creativity, and authentic Venice character.The 5-bedroom, 6-bath residence offers refined contemporary living across every level. Wide-plank oak floors lead through an open-concept main level anchored by a chef's kitchen with marble countertops, custom cabinetry, and a dramatic waterfall island. Telescoping glass doors create seamless indoor-outdoor flow to a private yard with sparkling pool, ideal for entertaining and relaxed California living. The lower level features a state-of-the-art theater with 110-inch screen, a 500+ bottle wine cellar, and a game room, while five luxurious bedroom suites upstairs provide light-filled private retreats delivering a true architectural statement in one of Venice's most culturally rich and sought-after locations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2019
- Lot Size
- 3,892 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 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 | 5.0 | 3.0 | 90% |
| Baths | 6.0 | 3.0 | 96% |
| Square foot | 3,790 | 1,779 | 93% |
| Lot Size | 3,892 | 4,255.5 | 39% |
| Price | $5.30M | $2.45M | 99% |
| Price per sq ft | $1.4K | $1.3K | 61% |
| Built year | 2019 | 1947 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 112 | 162 | 20% |
Pricing History
Listed for Sale
Nov 14, 2025
$5,299,000
Initial Listing
Sold
Nov 19, 2013
$1,400,014
Public Record
Sold
Sep 5, 2003
$650,000
Public Record
Sold
Feb 18, 2000
$310,000
Public Record
Sold
Apr 29, 1996
$183,000
Public Record
Sold
Nov 7, 1995
$147,500
Public Record


































