NOT LISTED FOR SALE

1113 Electric Ave Unit 12 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,072,611 - $1,561,000

1 Bed
1.5 Baths
1,500 Sq Ft
$875/Sq Ft Est. Value

Highlights

  • Ocean View
  • Art Studio
  • Deck
  • Venice High School Rated A
  • Open Floorplan
  • Two Story Ceilings

About This Home

As of March 2022

The Electric Artworks is one of Venice Beach's original & most sought after live-work spaces featuring an artful combination of glass, steel, wood & concrete creating one of the most exciting townhomes in Silicon Beach. Steps to Abbot Kinney, the Boardwalk and Santa Monica's Main Street you are surrounded by great restaurants, incredible shopping and one of the most famous beach communities in the World. Completely remodeled & move-in ready - main living room features 20' ceilings, wall of glass, polished concrete floors & balcony. Great natural light. Open dining and kitchen with new high end appliances for the novice to experienced cook, good counter space, add'l storage & 2nd refrigerator in garage for storage. Large bedroom, custom closet, hardwood floors, recessed lighting & the buildings only top floor balcony crow's nest. Bonus studio/office off garage. Rooftop with landmark views of the Hollywood Hills, Griffith Observatory & Pacific Ocean. Direct access private garage.

Last Agent to Rent the Property

Brian Ades

Sotheby's International Realty License #01347985 Listed on: 03/15/2022

Sotheby's International Realty

Last Renter's Agent

Christiano Sampaio

Loftway License #01412928

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,855

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • East Facing Home
  • Sprinkler System

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Guest Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Panoramic
  • Skyline
  • Mountain

Home Design

  • Turnkey
  • HardiePlank Siding
  • Steel Siding
  • Copper Plumbing

Interior Spaces

  • 1,500 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Two Story Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Track Lighting
  • Custom Window Coverings
  • Blinds
  • Window Screens
  • Living Room
  • Dining Room
  • Loft
  • Art Studio

Kitchen

  • Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Living Room Balcony
  • Deck
  • Open Patio

Location

  • City Lot

Utilities

  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Security Deposit $15,000
  • Tenant pays for electricity, gas, move in fee
  • Rent includes water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4239-022-050

Community Details

Overview

  • 16 Units

Amenities

  • Sundeck
  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,855

Year Built

Built in 2000 | Remodeled

Lot Details

0

HOA Fees

$525 per month

Parking

1

Rental Info

  • Credit Report Paid By: Tenant
  • Rent Includes: Water, Trash Collection
  • Security Deposit: 15000
  • Tenant Pays: Electricity, Gas, Move In Fee

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Levels: Three Or More
  • Street Number Display: Yes
  • Complex Name: Electric Artwork
  • Entry Floor: 0
  • Lease Terms: 1-Year
  • Living Area: 1500
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Unit Floor In Building: 0
  • Year Built: 2000
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Common Walls, Open Floor Plan, Living Room Balcony, High Ceilings (9 Feet+), Recessed Lighting, Storage Space, Track Lighting, Turnkey, Two Story Ceilings
  • Flooring: Cement, Mixed, Hardwood, Stone Tile, Stained Concrete, Wood
  • Appliances: Built-In Gas, Built-Ins, Cooktop - Gas, Oven
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower Over Tub, Remodeled, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Island, Stone Counters, Remodeled
  • Laundry: Inside, Garage, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer, Ceiling Fan
  • Price Per S Q F T: 5.00
  • Windows: Window Blinds, Skylights, Screens, Custom Window Covering

Exterior Features

  • Balcony: two
  • Direction Faces: East
  • Construction: Concrete, Glass, Hardee Plank, Steel Siding
  • Other Features: Balcony, High Ceilings (9 Feet+), Full Copper Plumbing, Sprinkler System
  • Tennis Court Y/N: No
  • Exposure: east/west
  • Patio: Balcony, Deck(s), Patio Open, Living Room Balcony
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Mountains, Ocean, Panoramic, Skyline
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Direct Entrance, Garage, Garage - 1 Car, Private Garage, Parking for Guests - Onsite, Parking for Guests, Controlled Entrance
  • Total Parking: 1

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Security: Smoke Detector, Fire and Smoke Detection System, Fire Sprinklers, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Controlled Access, Extra Storage, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 525.00

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4239-022-050
  • Lot Location: City

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2003
Sold by
Halsted Daniel and Halsted Elizabeth Ryall
Bought by
Ades Brian
Current Estimated Value
$1,381,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2003
Sold by
Halsted Elisabeth Ryall
Bought by
Halsted Daniel and Halsted Elisabeth Ryall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2003
Sold by
Halsted Elizabeth Ryall
Bought by
Halsted Daniel and Halsted Elizabeth Ryall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.83%

Purchase Details

Closed on
Jan 29, 2003
Sold by
Halsted Daniel and Halsted Elizabeth Ryall
Bought by
Halsted Elizabeth Ryall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.83%

Purchase Details

Closed on
Sep 27, 2002
Sold by
Halsted Elizabeth Ryall
Bought by
Halsted Daniel and Halsted Elizabeth Ryall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.22%

Purchase Details

Closed on
Sep 17, 2001
Sold by
Webb Janne Lorraine
Bought by
Halsted Elisabeth Ryall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.62%

Purchase Details

Closed on
Feb 13, 2001
Sold by
Gto Electric Llc
Bought by
Webb Janne Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,200
Interest Rate
7.11%
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
Ades Brian -- Chicago Title Co
Halsted Daniel -- Fidelity National Title Co
Halsted Elisabeth Ryall -- Fidelity National Title Co
Halsted Daniel -- Fidelity National Title Co
Halsted Elizabeth Ryall -- Fidelity National Title Co
Halsted Daniel -- Fidelity National Title Co
Halsted Elizabeth Ryall -- Fidelity National Title Co
Halsted Elisabeth Ryall $515,000 Chicago Title Co
Webb Janne Lorraine $419,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ades Brian S $200,000
Open Ades Brian $516,000
Closed Ades Brian $64,500
Closed Ades Brian $516,000
Previous Owner Halsted Elisabeth Ryall $399,000
Previous Owner Halsted Elizabeth Ryall $400,000
Previous Owner Halsted Elizabeth Ryall $400,000
Previous Owner Halsted Elisabeth Ryall $412,000
Previous Owner Halsted Elisabeth Ryall $412,000
Previous Owner Webb Janne Lorraine $335,200
Closed Webb Janne Lorraine $41,900
Closed Ades Brian $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Rented $7,650 +2.0% --
03/15/2022 03/15/22 For Rent $7,500 -50.0% --
08/28/2018 08/28/18 Rented $15,000 +11.1% --
08/21/2018 08/21/18 For Rent $13,500 -- --
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 $10,855 $917,041 $710,890 $206,151
2024 $10,855 $899,060 $696,951 $202,109
2023 $10,644 $881,433 $683,286 $198,147
2022 $10,196 $864,151 $669,889 $194,262
2021 $10,018 $847,207 $656,754 $190,453
2019 $9,714 $822,080 $637,275 $184,805
2018 $9,683 $805,962 $624,780 $181,182
2016 $9,259 $774,668 $600,520 $174,148
2015 $9,121 $763,033 $591,500 $171,533
2014 $9,151 $748,087 $579,914 $168,173
Source: Public Records

Agents Affiliated with this Home

  • Brian Ades

    Landlord's Agent in 2022

    Brian Ades

    Sotheby's International Realty

    (310) 503-8080

    2 in this area

    30 Total Sales

    Section Image
  • Christiano Sampaio

    Tenant's Agent in 2022

    Christiano Sampaio

    Loftway

    (310) 902-0616

    62 Total Sales

    Section Image

  • S

    Buyer's Agent in 2018

    Subscriber Non

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Map

Source: The MLS

MLS Number: 21-107123

The MLS

APN: 4239-022-050

California Los Angeles County Venice 90291 Venice

1113 Electric Ave Unit 12, Venice, CA

This home is located at 1113 Electric Ave Unit 12, Venice, CA 90291 since 15 March 2022 and is currently priced at $1,312,403. This property was built in 2000. 1113 Electric Ave Unit 12 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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