NOT LISTED FOR SALE

1113 Electric Ave Unit 1 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,216,000 - $1,563,000

1 Bed
1.5 Baths
1,010 Sq Ft
$1,337/Sq Ft Est. Value

Highlights

  • Rooftop Deck
  • Panoramic View
  • Open Floorplan
  • Venice High School Rated A
  • 14,390 Sq Ft lot
  • Wood Flooring

About This Home

As of December 2018

Corner unit rarely on the market and the first of it's kind in Venice; this extraordinary designer remodeled architectural loft is available now! Enter into a light-filled open floor plan with 20-foot ceilings. Living room has an impressive sliding piano door (ocean breeze!) and is connected to the kitchen and dining area with adjoining private covered balcony. The modern kitchen has Caesarstone countertops, walnut cabinetry and stainless appliances. Main floor also has a convenient 1/2 bath. The large bedroom loft is upstairs, has extra office/flex space and custom built-in closet off the master bathroom. Lease includes an epic individual area on roof deck w 360 views of city lights from the ocean to Hollywood. Interior unit features white Terrazzo flooring, automated lighting, Nest doorbell and thermostat, large window w electric window shade, an in unit laundry area w Maytag washer/dryer, extra storage space, private 2-car parking garage as well as FCFS guest parking.

Last Agent to Rent the Property

Jackie Theis

Ashby & Graff License #01919227 Listed on: 09/27/2018

Ashby & Graff

Last Renter's Agent

Jackie Theis

Power Brokers International License #01919227

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,619

Year Built

  • Built in 2000

Lot Details

  • 0.33 Acre Lot
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Guest Parking

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Split Level Home
  • Cement Board or Planked
  • Stucco

Interior Spaces

  • 1,010 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Dining Area
  • Loft
  • Smart Home

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Terrazzo

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Covered Patio or Porch

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 16 Units

Listing and Financial Details

  • Security Deposit $10,000
  • Tenant pays for electricity, gas, special, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4239-022-039

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,619

Year Built

Built in 2000

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Type: Fee
  • Rent Control: No
  • Security Deposit: 10000
  • Tenant Pays: Electricity, Gas, Special, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split, Two
  • Street Number Display: Yes
  • Complex Name: Electric Art Lofts
  • Entry Floor: 2
  • Lease Terms: 1+Year
  • Living Area: 1010
  • Monthto Month: No
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 2000
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Home Automation System, Open Floor Plan
  • Number Of Remote Controls: 1
  • Flooring: Terrazzo, Tile, Wood
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 5.45

Exterior Features

  • Balcony: Yes
  • Direction Faces: East
  • Construction: Cement Board, Stucco
  • Tennis Court Y/N: No
  • Exposure: North East
  • Patio: Covered, Patio Open, Roof Top Deck
  • Pool: No
  • View: City, City Lights, Mountains, Panoramic, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Covered Parking, Garage - 2 Car, Parking for Guests - Onsite, Tandem
  • Total Parking: 2

Utilities

  • Heating: Natural Gas

Condo/Co-op/Association

  • Unit Location: CORNER

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4239-022-039
  • Geocode Override: No
  • Lot Size Area: 14390

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
Velure Larita Rae and Velure Charles Peter
Bought by
Graf Anne Marie
Current Estimated Value
$1,320,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Outstanding Balance
$756,378
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$594,276

Purchase Details

Closed on
Oct 22, 2009
Sold by
Hanasab Robert
Bought by
Velure Larita Rae and Velure Charles Peter

Purchase Details

Closed on
Sep 8, 2009
Sold by
Harris Jacquelyn
Bought by
Hanasab Robert

Purchase Details

Closed on
May 10, 2005
Sold by
Rohr Helene
Bought by
Harris Jacquelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2002
Sold by
Halsted Elisabeth Ryall
Bought by
Halsted Daniel and Halsted Elisabeth Ryall

Purchase Details

Closed on
Apr 16, 2002
Sold by
Halsted Daniel and Halsted Elisabeth Ryall
Bought by
Halsted Daniel and Halsted Elisabeth Ryall

Purchase Details

Closed on
Oct 3, 2001
Sold by
Halsted Daniel Reed
Bought by
Halsted Elisabeth Ryall

Purchase Details

Closed on
Feb 7, 2001
Sold by
Gto Electric Llc
Bought by
Rohr Helene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.37%

Purchase Details

Closed on
Jun 8, 1999
Sold by
Venice Electric Avenue Llc
Bought by
Gto Electric Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 8, 1998
Sold by
Pelzig Josef
Bought by
Venice Electric Avenue Llc
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Graf Anne Marie $1,240,000 Chicago Title Company
Velure Larita Rae -- None Available
Hanasab Robert -- None Available
Hanasab Robert $570,000 None Available
Harris Jacquelyn $725,000 First American Title Co
Halsted Daniel -- Fidelity Title
Halsted Daniel -- --
Halsted Daniel -- --
Halsted Elisabeth Ryall -- Chicago Title Co
Rohr Helene $375,000 Orange Coast Title
Gto Electric Llc $1,030,000 Continental Lawyers Title Co
Venice Electric Avenue Llc $680,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graf Anne Marie $822,000
Previous Owner Harris Jacquelyn D $160,000
Previous Owner Harris Jacquelyn $543,750
Previous Owner Rohr Helene $290,000
Previous Owner Rohr Helene $262,500
Previous Owner Gto Electric Llc $2,400,000
Previous Owner Gto Electric Llc $500,000
Closed Harris Jacquelyn $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2018 12/01/18 Rented $5,500 0.0% --
11/05/2018 11/05/18 Price Changed $5,500 -3.9% $5 / Sq Ft
10/29/2018 10/29/18 Price Changed $5,725 -2.1% $6 / Sq Ft
09/27/2018 09/27/18 For Rent $5,850 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,619 $1,315,897 $424,483 $891,414
2024 $15,619 $1,290,096 $416,160 $873,936
2023 $15,316 $1,264,800 $408,000 $856,800
2022 $14,598 $1,240,000 $400,000 $840,000
2021 $8,543 $715,504 $512,779 $202,725
2019 $8,286 $694,284 $497,571 $196,713
2018 $8,259 $680,671 $487,815 $192,856
2016 $7,900 $654,241 $468,873 $185,368
2015 $7,784 $644,415 $461,831 $182,584
2014 $7,813 $631,793 $452,785 $179,008
Source: Public Records

Agents Affiliated with this Home

  • Jackie Theis

    Landlord's Agent in 2018

    Jackie Theis

    Ashby & Graff

    (941) 444-1994

    3 in this area

    5 Total Sales

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Map

Source: The MLS

MLS Number: 18-391114

The MLS

APN: 4239-022-039

California Los Angeles County Venice 90291 Venice

1113 Electric Ave Unit 1, Venice, CA

This home is located at 1113 Electric Ave Unit 1, Venice, CA 90291 since 27 September 2018 and is currently priced at $1,350,654. This property was built in 2000. 1113 Electric Ave Unit 1 is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

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