See Home Value
$5,249,758*
House - Off Market

1371 Palms Blvd

Venice, CA 90291
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4331 Sqft
$4,455,000 - $5,445,000
Reference Base Price*
6.06%
Since Feb 1, 2022
CA-Los Angeles
Primary Model
Sold Jan 18, 2022
$4,630,000
$3,000,000 by Truist Bank
Mortgage Due Apr 01, 2052
Sold Oct 25, 2019
$4,000,000

About This Property

The Palms Residence, an architectural oasis situated in a premier Venice location. Upon entry, you are welcomed by a sprawling open floor-plan drenched in light with floor-to-ceiling glass sliders and soaring ceilings. The sleek gourmet kitchen features an oversized island with built-in seating, custom cabinetry, and a separate wine cellar. A spacious formal living room transcends to the private resort-like backyard with pool and spa, offering indoor/outdoor flow. All bedrooms tastefully designed including the primary suite, with an oversized walk-in closet, and a spa-like bath with a soaking tub. Meticulously upgraded with luxurious amenities and technology throughout including the state-of-the-art home theater with a 4K projector offering the total audio/visual experience. Just moments from the beach and Abbot Kinney, this phenomenal home with a detached studio is a true blend of comfort, design and functionality.

The manager has listed the unit size as 4331 square feet.
Unit Size
4,331Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$1,143
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

Price History

Date / Event Date Event Price
Jan 19, 2022 No longer available -
No longer available
Jan 18, 2022 Sold $4,630,000
Sold
Dec 11, 2021 In contract -
In contract
Nov 4, 2021 No longer available -
No longer available
Nov 3, 2021 Listed $4,950,000
Listed
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,158
  • Lot Size Depth Feet: 1,740
  • Lot Size Frontage Feet: 470
  • Total Building Area: 3,825
  • Building Area: 3,825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 3,825
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DURLEY PARK TRACT
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DURLEY PARK SW 47 FT OF LOT/SEC 72

Ownership

  • Current Owner : JONATHAN SKOGMO LIVING TRUST
  • Previous Owner : DUFRESNE SCOTT J
  • Previous Owner 2: DUFRESNE YVA
  • Owner Before Previous Owner: STROHM AVE LLC
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273100

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 49-D2
  • Parcel: 4244-028-013
  • Lot: 72
  • Municipality: WEST /MAR VISTA N.
  • Latitude: 34.0033
  • Longitude: -118.452

    Address

  • Full Address: 1371 Palms Blvd
  • Address - House Number: 1371
  • Address - Street Name: Palms
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Venice
  • Carrier Code: C023
  • 4-Digit Zip Code: 2907
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $48,555
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0679
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 96
  • Final Value: 5,139,785
  • High Value: 5,488,889
  • Low Value: 4,790,680

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Apr 01, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,722,600
  • Assessed Land Value: $2,370,378
  • Assessed Improvements Value: $2,352,222

    Sales

  • Current Sale Contract Date: Dec 14, 2021
  • Current Sale Recording Date: Jan 18, 2022
  • Current Sale Transaction ID: 11879650370
  • Current Sale Price: $4,630,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 63494
  • Previous Sale Recording Date: Oct 25, 2019
  • Previous Sale Contract Date: Oct 16, 2019
  • Previous Sale Amount: $4,000,000
  • Previous Sale Document Type: Grant Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5 Baths
4,360 ft²
$1,192/ft²
$5,199,000 Mar 11, 2023
-
-
House
4 Beds
4.5 Baths
4,000 ft²
$1,000/ft²
$3,999,950 Apr 27, 2023
-
-
House
4 Beds
5.5 Baths
3,540 ft²
$1,185/ft²
$4,195,000 Apr 25, 2023
-
-
House
4 Beds
3.5 Baths
3,473 ft²
$1,150/ft²
$3,995,000 Apr 11, 2023
-
-
House
5 Beds
2.5 Baths
4,012 ft²
$1,371/ft²
$5,500,000 Feb 2, 2023
-
-
House
3 Beds
3.5 Baths
3,148 ft²
$1,350/ft²
$4,250,000 Mar 10, 2023
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 1371 Palms Boulevard built and last sold?
The property at 1371 Palms Boulevard was built in 2019 and last sold on Dec 14, 2021 for $4,630,000.
How much is this home worth?
The estimated value of the home located at 1371 Palms Boulevard is $4,987,756.
What are some comparable homes to 1371 Palms Boulevard?
There are currently no comparable homes to 1371 Palms Boulevard.

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