1113 ELECTRIC Avenue 1
Venice, CA, 90291
$1,250,000
MLS: 21797330
Beds
1
Baths
2
Sq Ft
1,010
Lot
0.33 ac
Year Built
2000
MLS #
21797330
Days on Market
1,028
Listed
Oct 20, 2021
Description
A perfect office alternative or residence; this one-of-a-kind architectural live-work loft, steps to Abbot Kinney Blvd nightlife and shopping. A light-filled corner unit that offers a townhouse style walk up with private 2-car parking garage, a balcony and a roof deck with 360 views, an open floor plan with 20-foot ceilings and automated smart home features. Divine northern exposure lighting throughout and a fresh ocean air breeze from the living room's industrial sliding door. The covered balcony adjoins both the dining area and modern kitchen w/ Caesarstone countertops, walnut cabinetry, under cabinet lights and stainless appliances. Upstairs is the large sleeping area loft which has extra office/flex space and custom wardrobe closet off the main bathroom. The interior features an additional half-bath, white Terrazzo flooring, automated home lighting, Nest video doorbell/thermostat, motorized black out window coverings, in unit laundry area with washer/dryer, storage & FCFS guest/community parking. Large roof deck space with 360 degree views of city lights from the ocean to Hollywood. This is a rare offering in one of the most sought after Abbot Kinney art loft buildings.
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Jaclyn Theis · Power Brokers International
Payment estimate
$8,983
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $125,000 · Loan: $1,125,000
- Principal & Interest
- $6,912
- Property tax (1.25%)
- $1,302
- Homeowners insurance
- $300
- Mortgage insurance
- $469
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Venice home with as little as 3.5% down using an FHA loan — roughly $43,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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