NOT LISTED FOR SALE

1611 Electric Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $11,911,909

Studio
-- Bath
6,248 Sq Ft
$1,907/Sq Ft Est. Value

About This Home

This home is located at 1611 Electric Ave, Venice, CA 90291 and is currently estimated at $11,911,909, approximately $1,906 per square foot. 1611 Electric Ave is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2014
Sold by
Bought by
Current Estimated Value
$11,911,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,830,000
Interest Rate
0.0395%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
0.0386%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Provident Title Company
$4,500,000 Chicago Title Co
-- Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $30,000,000
Closed $8,500,000
Open $46,500,000
Closed $4,830,000
Previous Owner $2,000,000
Previous Owner $5,000,000
Previous Owner $292,500
Previous Owner --
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $82,988 $6,910,632 $6,009,251 $901,381
2024 $82,145 $6,775,130 $5,891,423 $883,707
2023 $80,535 $6,642,285 $5,775,905 $866,380
2022 $76,761 $6,512,045 $5,662,652 $849,393
2021 $75,841 $6,384,359 $5,551,620 $832,739
2019 $73,551 $6,194,997 $5,386,956 $808,041
2018 $73,245 $6,073,528 $5,281,330 $792,198
2016 $70,086 $5,837,687 $5,076,250 $761,437
2015 $69,049 $5,750,000 $5,000,000 $750,000
2014 -- $4,610,837 $3,586,207 $1,024,630
Source: Public Records

Map

California Los Angeles County Venice 90291 Venice

1611 Electric Ave, Venice, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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