RealtyLens
for saleRealtyLens property overview
$1,995,000

1628 Electric Ave

Venice, CA, 90291
View more Venice, CA property pages
2Beds
3Baths
1,776Sqft
$1123$/sqft

Listing Notes

Sophisticated architectural Venice loft just moments from Abbot Kinney, blending dramatic design with exceptional indoor-outdoor living. Tucked away off a quiet one-way street, this extremely private residence lives more like a single-family home (only 2 units), flooded with natural light and thoughtfully designed throughout. A striking 14-foot glass garage door wall opens seamlessly to the living room, complemented by soaring 15-foot ceilings, a gas fireplace, radiant concrete floors, sandblasted block walls, and great wall space to display beautiful art. The open and airy layout features a mezzanine dining area overlooking the main living space, high-end appliances, custom built-ins, and white oak hardwood floors throughout the second and third levels. Enjoy multiple outdoor spaces including a private front patio and yard with fire-pit, as well as an incredible rooftop deck with a wet bar and unobstructed 360-degree views. Complete with private gated three-car parking, this is a rare opportunity to experience the best of Venice living just half a block from Erewhon, the shops, restaurants, and energy of Abbot Kinney Boulevard.

Market Insights

Below nearby median-24%

$1123/sqft vs a nearby median of $1474/sqft.

Nearby median$1474/sqft
Nearby properties5
Property size1,776 sqft
  • -24% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,776 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$2.66M$2.40M$2.92M · 42% confidence
vs ask $2.00M−$662k (−33.2%)

Asking price is about 33.2% below the fair value — likely to draw competing offers if it's still on market.

$1,474/sqft median across 5 tight comps × 1,776 sqft= $2.62M
  • Modern construction+$39k +1.5%
Cumulative NYC adjustments+$39k+1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-24% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
1 day
Last price change
No change recorded
Listed
May 12, 2026
Photos
44 photos
Property type
condos
Status
for sale
Last sold
Aug 30, 2012 · $1,300,000

Features & Amenities

CarportCentral AirCentral HeatCity ViewSecurity FeaturesDining RoomFireplaceHardwood FloorsPets AllowedViewTwo Or More StoriesGarage 1 Or MoreHigh CeilingViewsWet BarDenFire PitPatio

Photos

Price History

May 12, 2026Initial record
$1,995,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.