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1061 Amoroso Place, Venice, California 90291, Venice, 90291 - 4 bed, 5 bath

1061 Amoroso Place, Venice, California 90291 home-pic-0
ACTIVE$3,495,000
1061 Amoroso Place, Venice, California 90291
4Beds
5Baths
3,013Sqft
4,332Lot
Year Built
1971
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$1,160
HOA
-
Days on market
-
Sold On
-
MLS number
25490207
Home ConditionExcellent
Features
View-

About this home

Possibly Over-Priced:The estimated price is 23% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.50M(85th), sqft - 3013(83th), beds - 4(63th), baths - 5(82th).

Large two story home undergoing renovation from local developer. Available for presale now with April 2025 move in. 4 Bedrooms and 4.5 baths. House was completely reconfigured with all new systems including roof, central heat and AC, plumbing, electrical, kitchen, baths, laundry. Highly desirable open floorplan with wide plank French Oak floors, 9' solid core doors, custom kitchen with porcelain counter tops and great room, central hallway and three en-suite bedrooms. Custom cabinetry and interior doors, designer finishes throughout, and vaulted ceilings throughout. This house has everything! Located in the coveted pocket of Venice. Do not enter construction site without listing agent present!

Price History

Date
Event
Price
08/17/23
Sold
$1,550,000
Condition Rating
Excellent
This property is undergoing a complete, extensive renovation by a local developer, with an anticipated April 2025 move-in. The description explicitly states 'all new systems including roof, central heat and AC, plumbing, electrical, kitchen, baths, laundry.' It features a custom kitchen with porcelain countertops, wide plank French Oak floors, custom cabinetry, and designer finishes throughout. This level of renovation, completed within the last year, means all components will be new or virtually new, meeting current quality standards and aligning perfectly with the 'excellent' condition criteria.
Pros & Cons

Pros

Comprehensive Renovation: The property is undergoing a complete renovation by a local developer, including all new systems (roof, central heat and AC, plumbing, electrical, kitchen, baths, laundry), offering a turn-key modern home.
High-End Finishes & Design: Features like wide plank French Oak floors, 9' solid core doors, a custom kitchen with porcelain countertops, custom cabinetry, designer finishes, and vaulted ceilings indicate a luxurious and contemporary aesthetic.
Desirable Venice Location: Situated in a 'coveted pocket of Venice,' offering access to a highly sought-after and vibrant community.
Spacious & Functional Layout: A large two-story home with 4 bedrooms and 4.5 baths, an open floorplan, and three en-suite bedrooms provides ample space and privacy for residents.
New Construction Feel: With all systems replaced and a complete reconfiguration, the home will effectively feel like a new build, minimizing immediate maintenance concerns for the buyer.

Cons

Significant Price Discrepancy: The listing price of $3.495M is 23% higher than the property's estimated value of $2.67M, which may indicate an aggressive pricing strategy or potential overvaluation compared to market comparables.
Delayed Occupancy: The 'April 2025 move in' date means the property is not available for immediate occupancy, which could be a deterrent for buyers seeking a quick closing.
Lack of Desirable Views: The property explicitly states 'View: None,' which could be a disadvantage in the Venice market where properties with ocean, city, or canal views often command higher prices and are highly sought after.

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