21 27th Avenue, Venice, California 90291, Venice, 90291 - 3 bed, 4 bath

21 27th Avenue, Venice, California 90291 home-pic-0
ACTIVE$4,850,000
21 27th Avenue, Venice, California 90291
3Beds
4Baths
3,399Sqft
2,639Lot

Price Vs. Estimate

The estimated value ($4,366,397.14) is $483,602.86 (9%) lower than the list price ($4,850,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unrivaled Location: Situated 'a stone's throw from the sand and sea on a quiet walk street in the heart of Venice,' offering immediate access to the beach, canals, and vibrant local shops, restaurants, and bars.
Top Cons:
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 = 2639, living area = 3399.

Compared to the nearby listings

Price:$4.85M vs avg $2.29M (+$2,559,500)94%
Size:3,399 sqft vs avg 1,831.5 sqft89%
Price/sqft:$1.4K vs avg $1.3K68%

More Insights

Built in 2016 (9 years old).
Condition: This property, built in 2016, is an architectural gem featuring a chef's Bulthaup kitchen with Gaggenau ovens and Miele appliances, and en suite bathrooms with modern glass showers and soaking tubs. The overall design is contemporary with high-end finishes, hardwood and concrete flooring, and integrated lighting. Despite the noted absence of central air conditioning, which is often a design choice in such architectural homes in coastal areas, all components appear virtually new and meet current luxury standards with no visible deferred maintenance or physical depreciation.
Year Built
2016
Close
-
List price
$4.85M
Original List price
$4.85M
Price/Sqft
$1,427
HOA
-
Days on market
-
Sold On
-
MLS number
25530053
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s), Ocean, Water
Deck
Patio
ViewCity Lights,Mountain(s),Ocean,Water

About this home

A stone's throw from the sand and sea on a quiet walk street in the heart of Venice, this iconic stand-alone architectural gem hidden behind an olive grove is a one-of-a-kind designed by Charles Sutherland, of the world-renowned UK architectural firm SUHUHA, who is responsible for the British Embassy in Berlin among many other RIBA-awarded buildings. Organized around a full height courtyard void allowing dappled light to penetrate the deep plan, the living spaces feature walls of glass that open to the leafy streetscapes, multiple balconies, and ocean views while maintaining a sense of privacy. The great room showcases a sunken living room with fireplace, a concrete bar above the courtyard, and a chef's Bulthaup kitchen with Gaggenau ovens and Miele appliances. All 3 bedrooms feature en suite baths with glass showers or soaking tubs. The ultimate amenity for entertaining, the rooftop living area has a BBQ kitchen, dining terrace, and views to the Pacific. Featuring a garden as well as a courtyard and parking for 3 cars, the unique house is situated moments from not only the beach and the canals but also shops, restaurants, and bars on the best walk street in Venice.

Price History

Date
Event
Price
04/11/13
Sold
$1,280,012
11/02/07
Sold
$1,450,000
02/07/07
Sold
$303,500
12/14/06
Sold
$1,190,000
Condition Rating
Excellent

This property, built in 2016, is an architectural gem featuring a chef's Bulthaup kitchen with Gaggenau ovens and Miele appliances, and en suite bathrooms with modern glass showers and soaking tubs. The overall design is contemporary with high-end finishes, hardwood and concrete flooring, and integrated lighting. Despite the noted absence of central air conditioning, which is often a design choice in such architectural homes in coastal areas, all components appear virtually new and meet current luxury standards with no visible deferred maintenance or physical depreciation.
Pros & Cons

Pros

Unrivaled Location: Situated 'a stone's throw from the sand and sea on a quiet walk street in the heart of Venice,' offering immediate access to the beach, canals, and vibrant local shops, restaurants, and bars.
Iconic Architectural Design: A 'one-of-a-kind' architectural gem designed by Charles Sutherland of the world-renowned SUHUHA firm, featuring a full-height courtyard void, walls of glass, and a unique aesthetic.
Luxury Interior Finishes & Appliances: Boasts a chef's Bulthaup kitchen with Gaggenau ovens and Miele appliances, along with all three bedrooms featuring en suite baths with glass showers or soaking tubs, indicating high-end quality.
Exceptional Entertaining Spaces with Views: Features a rooftop living area with a BBQ kitchen, dining terrace, and Pacific views, complemented by a sunken living room with fireplace and a concrete bar, ideal for entertaining.
Rare Parking & Outdoor Features: Includes parking for 3 cars, a significant and rare advantage in Venice, along with a private garden and courtyard, enhancing outdoor living options.

Cons

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 = 2639, living area = 3399.
Compact Lot Size: The lot size of 2639 sqft is relatively small, especially compared to the 3399 sqft of living space, which may limit traditional yard space for some buyers.
Absence of Central Air Conditioning: The property description highlights natural light and ventilation but does not mention a central cooling system, which could be a comfort concern during warmer months.
Potential for Specialized Maintenance: While architecturally unique, a 'one-of-a-kind' design by a renowned firm may incur higher or specialized maintenance costs and require specific expertise for repairs.

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