NOT LISTED FOR SALE

1113 Electric Ave Unit 9 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,458,733 - $1,739,000

1 Bed
1.5 Baths
1,210 Sq Ft
$475/ mo HOA Fee

Last Sold February 12, 2021

Last sale price $1,400,000 $1,157 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,005/month

159 Days on Market

Highlights

  • City Lights View
  • 0.33 Acre Lot
  • 2 Car Direct Access Garage
  • Venice High School Rated A
  • Wood Flooring
  • Hot Water Circulator

About This Home

As of February 2021

Rare contemporary tri-level loft located in one of Venice's most sought after buildings just a block off of Abbot Kinney. Dramatic, sun-filled architectural live/work space complete with soaring 20 ceilings, polished concrete and wood floors, walls of glass, exposed steel and ample wall space for art. An open floor plan includes a generous living room and office, an open kitchen/dining area with stainless appliances, 2 bathrooms, a spacious bedroom with built-ins leading up to an incredible roof top deck complete with 360 panoramic views. Oversized 2-car direct access garage with laundry area. Very private and quiet home in a truly amazing location close to shops, restaurants and the beach. Live the ultimate Venice lifestyle. Properties rarely come up in this building! Don't miss this very cool spot!

Last Agent to Sell the Property

Nikki Hochstein

Compass License #01338003 Listed on: 08/06/2020

Compass

Last Buyer's Agent

Dana McCausland

REALTY MASTERS & ASSOCIATES License #0782003

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • 0.33

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,210 Sq Ft Home
  • 3-Story Property
  • Dining Area
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • Powder Room

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Hot Water Circulator

Listing and Financial Details

  • Assessor Parcel Number 4239-022-047

Community Details

Overview

  • 13 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0.33 Acres

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Electric Lofts
  • Entry Floor: 1
  • Living Area: 1210
  • Lot Acreage: 0.3303
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 2000
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood, Cement
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 1238.84

Exterior Features

  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Private Garage
  • Total Parking: 2

Utilities

  • Heating: Hot Water Circulator

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 475.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4239-022-047
  • Lot Size Area: 14390

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Swanson Scott Miller and Henning Anton Jurgens
Bought by
Sam Trust and Swanson
Current Estimated Value
$1,565,183

Purchase Details

Closed on
May 12, 2021
Sold by
Hextall Andrew James
Bought by
Downs Kathe and Downs Peter

Purchase Details

Closed on
Jan 17, 2020
Sold by
Goldman Scott L
Bought by
Goldman Scott L and Scott Goldman Living Trust

Purchase Details

Closed on
Feb 9, 2001
Sold by
Gto Electric Llc
Bought by
Goldman Scott L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sam Trust -- None Listed On Document
Downs Kathe $940,000 Chicago Title
Goldman Scott L -- None Available
Goldman Scott L $389,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldman Scott L $311,000
Closed Goldman Scott L $38,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $1,400,000 -6.6% $1,157 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $1,499,000 +7.1% $1,239 / Sq Ft
10/31/2020 10/31/20 Off Market $1,400,000 -- --
10/23/2020 10/23/20 Price Changed $1,499,000 -6.3% $1,239 / Sq Ft
09/20/2020 09/20/20 Price Changed $1,599,000 -5.9% $1,321 / Sq Ft
08/06/2020 08/06/20 For Sale $1,700,000 -- $1,405 / Sq Ft
Source: The MLS

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 $17,895 $1,515,404 $822,648 $692,756
2024 $17,895 $1,485,691 $806,518 $679,173
2023 $17,545 $1,456,560 $790,704 $665,856
2022 $16,721 $1,428,000 $775,200 $652,800
2021 $6,510 $541,507 $292,333 $249,174
2020 $6,577 $535,956 $289,336 $246,620
2019 $6,315 $525,448 $283,663 $241,785
2018 $6,291 $515,146 $278,101 $237,045
2016 $6,013 $495,145 $267,303 $227,842
2015 $5,925 $487,708 $263,288 $224,420
2014 $5,949 $478,155 $258,131 $220,024
Source: Public Records

Agents Affiliated with this Home

  • Nikki Hochstein

    Seller's Agent in 2021

    Nikki Hochstein

    Compass

    (310) 255-3427

    5 in this area

    61 Total Sales

    Nikki Hochstein
    Section Image
  • Dana McCausland

    Buyer's Agent in 2021

    Dana McCausland

    REALTY MASTERS & ASSOCIATES

    (909) 215-7404

    154 Total Sales

    Dana McCausland
    Section Image
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Map

Source: The MLS

MLS Number: 20-614506

The MLS

APN: 4239-022-047

California Los Angeles County Venice 90291 Venice

1113 Electric Ave Unit 9, Venice, CA

Not Listed for Sale

Condos

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