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1012 Superba Avenue, Venice, California 90291, Venice, 90291 - 2 bed, 2 bath

1012 Superba Avenue, Venice, California 90291 home-pic-0
ACTIVE$2,198,000
1012 Superba Avenue, Venice, California 90291
2Beds
2Baths
1,484Sqft
4,799Lot

Price Vs. Estimate

The estimated value ($1,703,887.575) is $494,112.425 (22%) lower than the list price ($2,198,000). This property may be overpriced.

Key pros and cons

Top Pros:
Architectural Heritage & Modernization: Seamlessly blends 1926 Spanish architectural charm with significant modern upgrades, including a new kitchen and refined bathrooms, preserving character while offering contemporary living.
Top Cons:
Significant Price Discrepancy: The current list price of $2.198M is substantially higher than the estimated property value of $1.703M, potentially impacting buyer perception and market competitiveness.

Compared to the nearby listings

Price:$2.20M vs avg $2.28M ($-84,500)47%
Size:1,484 sqft vs avg 1,818 sqft35%
Price/sqft:$1.5K vs avg $1.3K73%

More Insights

Built in 1926 (99 years old).
Condition: Despite being built in 1926, this property has undergone extensive and recent renovations, explicitly featuring a 'new kitchen' with modern appliances and sleek design, 'cosmetically refined bathrooms' that appear contemporary in the images, a 'new HVAC system,' and a 'tankless hot water heater.' These significant upgrades, along with refinished original hardwood floors and well-preserved architectural details, bring the property to current quality standards with virtually new major components and no deferred maintenance, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating.
Year Built
1926
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$1,481
HOA
-
Days on market
-
Sold On
-
MLS number
25527177
Home ConditionExcellent
Features
Spa
Patio
View-

About this home

Welcome to 1012 Superba Avenue, a stunning 1926 Spanish-style residence that beautifully marries original architectural details with modern upgrades. Nestled in the vibrant neighborhood of Venice, CA, this home offers a seamless blend of historic charm and contemporary living.Spanning 1,484 square feet, this two-bedroom, two-bathroom home showcases original wood beams and terracotta floors, preserving the character and elegance of its Spanish heritage. The refinished original hardwood floors further enhance the warmth and authenticity of this unique home.The new kitchen is a culinary masterpiece, featuring modern appliances and sleek design elements, while the cozy breakfast nook invites casual dining experiences. Both bathrooms have been cosmetically refined to offer modern comfort while maintaining the home's historic charm.Relax in the spacious living area, where a original fireplace serves as a captivating centerpiece, or step outside to enjoy the private outdoor space with a additional fire place perfect for entertaining or relaxing in the hot tub.Practical amenities include an in-unit washer and dryer, a new HVAC system for optimal climate control, and a tankless hot water heater providing endless hot water. The home is equipped with an alarm system and a sprinkler system to maintain the beautifully landscaped yard.The garage, which can double as a versatile flex space, offers additional options for parking, storage, or creative use. With parking included and the home offered unfurnished, this property is ready for you to personalize and make your own.

Price History

Date
Event
Price
06/23/97
Sold
$270,000
04/24/19
Sold
$1,800,000
Condition Rating
Excellent
Despite being built in 1926, this property has undergone extensive and recent renovations, explicitly featuring a 'new kitchen' with modern appliances and sleek design, 'cosmetically refined bathrooms' that appear contemporary in the images, a 'new HVAC system,' and a 'tankless hot water heater.' These significant upgrades, along with refinished original hardwood floors and well-preserved architectural details, bring the property to current quality standards with virtually new major components and no deferred maintenance, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating.
Pros & Cons

Pros

Architectural Heritage & Modernization: Seamlessly blends 1926 Spanish architectural charm with significant modern upgrades, including a new kitchen and refined bathrooms, preserving character while offering contemporary living.
Premium Location: Situated in the highly desirable and vibrant Venice neighborhood, offering excellent lifestyle and investment potential with proximity to local amenities.
Updated Infrastructure: Features a new HVAC system, tankless hot water heater, and in-unit washer/dryer, ensuring modern comfort, efficiency, and reduced immediate maintenance concerns.
Enhanced Outdoor Living: Includes a private outdoor space with an additional fireplace and hot tub, ideal for entertaining and relaxation in a sought-after area.
Flexible Garage Space: The garage offers versatile use as a flex space, providing options beyond standard parking or storage, such as a home office or studio.

Cons

Significant Price Discrepancy: The current list price of $2.198M is substantially higher than the estimated property value of $1.703M, potentially impacting buyer perception and market competitiveness.
Modest Size for Price Point: With 2 bedrooms and 2 bathrooms at 1,484 sqft, the property's size might be considered modest for its premium price in the Venice market, potentially limiting buyer pool.
Lack of Scenic Views: The property does not offer any specific scenic views, which could be a disadvantage in a desirable coastal area where views often add significant value.

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