NOT LISTED FOR SALE

1666 Electric Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,386,895 - $2,953,000

3 Beds
2.5 Baths
2,156 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $2,375,000 $1,102 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $15,615/month

59 Days on Market

Highlights

  • Detached Guest House
  • Craftsman Architecture
  • Wood Flooring
  • Broadway Elementary Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of May 2022

First time on the market in over 45 years. This is a wonderful opportunity to restore and own a piece of Venice history. This 2100sf Craftsman was built in 1913 and retains most of its original details and charm. Original woodwork and trim, 2 fireplaces, hardwood floors and walls of gorgeous windows offer a beautiful backdrop for your dreams. Three bedrooms total; 2 bedrooms and 1.5 bath downstairs and large primary bedroom and bath upstairs. Garage has been converted with a 3/4 bath. Enjoy the ocean breezes from the backyard brick patio or the grand covered front porch. Just one block to Abbot Kinney Blvd., this property provides the quintessential Venice lifestyle.

Last Agent to Sell the Property

Liz Keenan

Compass License #01869301 Listed on: 04/01/2022

Compass

Last Buyer's Agent

James Allan

Compass License #01180635

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 3,851 Sq Ft Lot
  • Lot Dimensions are 38x100
  • South Facing Home
  • Property is zoned LAR2

Parking

  • Converted Garage

Home Design

  • Craftsman Architecture
  • Fixer Upper

Interior Spaces

  • 2,156 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Additional Homes

  • Detached Guest House

Utilities

  • Floor Furnace
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4241-013-019

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

3,851 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: First time on the market in over 45 years. This is a wonderful opportunity to restore and own a piece of Venice history. This 2100sf Craftsman was built in 1913 and retains most of its original details and charm. Original woodwork and trim, 2 fireplaces, hardwood floors and walls of gorgeous windows offer a beautiful backdrop for your dreams. Three bedrooms total; 2 bedrooms and 1.5 bath downstairs and large primary bedroom and bath upstairs. Garage has been converted with a 3/4 bath. Enjoy the ocean breezes from the backyard brick patio or the grand covered front porch. Just one block to Abbot Kinney Blvd., this property provides the quintessential Venice lifestyle.
  • Living Area: 2156
  • Lot Acreage: 0.0884
  • Lot Dimensions: 38x100
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1913
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 3.00
  • Fireplace: Yes
  • Price Per S Q F T: 834.88

Exterior Features

  • Direction Faces: South
  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: No

Utilities

  • Heating: Floor Furnace
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4241-013-019
  • Lot Size Area: 3851

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2023
Sold by
Chaney Mathew Scott
Bought by
Mathew Chaney Trust
Current Estimated Value
$2,547,224

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 4, 2022
Sold by
Yuri Springer
Bought by
Chaney Mathew Scott
Seller's Agent
Liz Keenan
Compass
Buyer's Agent
James Allan
Compass
List Price
$1,800,000
Sold Price
$2,375,000
Premium/Discount to List
$575,000
31.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$1,776,750
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2004
Sold by
Springer Arnold R
Bought by
Springer Arnold R and The Arnold R Springer Separate

Purchase Details

Closed on
May 14, 1998
Sold by
Springer Arnold R and Springer Jytte P
Bought by
Springer Arnold R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mathew Chaney Trust -- --
Chaney Mathew Scott $2,375,000 Fidelity National Title
Springer Arnold R -- --
Springer Arnold R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chaney Mathew Scott $1,776,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2022 05/10/22 Sold $2,375,000 +31.9% $1,102 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $1,800,000 -- $835 / 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 $29,908 $2,520,368 $2,016,295 $504,073
2024 $29,908 $2,470,950 $1,976,760 $494,190
2023 $29,324 $2,422,500 $1,938,000 $484,500
2022 $1,457 $102,094 $72,591 $29,503
2021 $1,424 $100,093 $71,168 $28,925
2019 $1,385 $97,126 $69,058 $28,068
2018 $1,325 $95,222 $67,704 $27,518
2016 $1,245 $91,526 $65,076 $26,450
2015 $1,229 $90,152 $64,099 $26,053
2014 $1,244 $88,387 $62,844 $25,543
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Liz Keenan

    Compass

    (310) 454-1111

    2 in this area

    14 Total Sales

    Liz Keenan
    Section Image
  • James Allan

    Buyer's Agent in 2022

    James Allan

    Compass

    (310) 704-0007

    5 in this area

    28 Total Sales

    James Allan
    Section Image
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Map

Source: The MLS

MLS Number: 22-137847

The MLS

APN: 4241-013-019

California Los Angeles County Venice 90291 Venice

1666 Electric Ave, Venice, CA

Not Listed for Sale

Detached

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