See Home Value
$4,999,444*
House - Off Market

1385 Palms Blvd

Venice, CA 90291
bedrooms
5 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
4012 Sqft
$4,500,000 - $5,498,000
Reference Base Price*
0.00%
Since Dec 1, 2023
CA-Los Angeles
Primary Model
Sold Oct 25, 2016
$3,625,000
$1,112,524 by Bolton Equities Management Usa
Mortgage
Sold Apr 17, 2015
$1,150,000

About This Property

One of the most incredible opportunities in Venice has arrived. Welcome to this iconic architectural masterpiece w/ a pool and detached studio! A perfect blend of sophistication and warmth, this stunning architectural retreat is an entertainer's dream! This one-of-a-kind retreat designed by Electric Bowery offers more than 4,000 sqft of elegant living space on a sprawling 8,000+ sqft lot. With a total infusion of modern details and a mid-century flair, this compound is sleek and highly functional for any lifestyle. //About this Home: As you enter through the stately front door, you are met by a huge open living space, including a living room with beautiful French oak floors, cedar ceilings, and a quaint atrium of greenery looking to the side of the home. A step-down dining area is just beyond the living room and boasts concrete flooring and walls of glass that look out onto the resort-like backyard. Open from the dining area is a fabulous gourmet kitchen with rich walnut cabinetry, finished concrete countertops, and a huge center island with a cooktop and second sink. The kitchen also has a double oven, microwave, cozy office nook, wine refrigerator, and spacious walk-in pantry. Off the kitchen is a library/den with a double-sided fireplace to the back patio, gorgeous walnut built-in cabinetry, and imposing walls of glass looking out to the backyard. Above the detached 2-car garage is a guest unit with a bathroom and an oversized outdoor shower to rinse off after the pool or a day at the beach. There is a separate powder room and ground floor guest bedroom with a full en-suite in the main house with windows looking to the front grass and trees. As you move up a floating staircase to the second floor, with French oak floors throughout, you'll find a generous landing area that could be used as an open home office space, play area, or home gym. The gorgeous primary suite has high windows spanning the length of the room and doors leading to a huge patio overlooking the backyard. The oversized walk-in closet is filled with rich built-in shelving. The spa-like primary bathroom boasts walnut cabinetry and double vessel sinks. The freestanding bathtub and oversized shower are made for pure indulgence. Two additional spacious bedrooms both feature en-suite bathrooms with marble countertops and rich wood cabinetry. Outfitted with solar power, and a water filtration system, everything you need is here. //You'll Love: The dreamy outdoor space. With complete indoor/outdoor living, the backyard is extraordinary. Wrapped in wood is your stunning pool and spa. Host family and friends around the sunken fire pit or dine alfresco under the stars. The spacious grass area, surrounded by mature trees and lush landscaping, will transport you to a place of total relaxation, a true extension of your living space. Not a detail has been missed in this private and luxurious property. //The Neighborhood: Centrally located to great shopping, restaurants, and the beach, this home is in the heart of all that Venice and the Westside have to offer!

The manager has listed the unit size as 4012 square feet.
Unit Size
4,012Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$1,246
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

Price History

Date / Event Date Event Price
Nov 18, 2023 No longer available -
No longer available
Nov 17, 2023 Relisted $4,999,444
Relisted
Oct 12, 2023 No longer available -
No longer available
Jul 20, 2023 No longer available -
No longer available
Jul 20, 2023 Listed $4,999,444
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,171
  • Lot Size Depth Feet: 1,740
  • Lot Size Frontage Feet: 470
  • Total Building Area: 4,012
  • Building Area: 4,012
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,012
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DURLEY PARK
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DURLEY PARK NE 47.08 FT OF LOT/SEC 74

Ownership

  • Current Owner : ALPE CHRISTOPHER
  • Current Owner 2: ALPE NICOLA
  • Previous Owner : 1385 PALMS LLC
  • Owner Before Previous Owner: GEARY GEORGE LAVERNE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 49-D2
  • Parcel: 4244-028-016
  • Lot: 74
  • Municipality: WEST /MAR VISTA N.
  • Latitude: 34.0034
  • Longitude: -118.452

    Address

  • Full Address: 1385 Palms Blvd
  • Address - House Number: 1385
  • 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: $46,611
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 96
  • Final Value: 4,938,480
  • High Value: 5,272,741
  • Low Value: 4,604,220

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,112,524
  • First Open Lien Mortgage Lender: BOLTON EQUITIES MANAGEMENT USA
  • First Open Lien Mortgage Recording Date: May 14, 2021
  • First Open Lien Mortgage Loan Amount: $1,112,524
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Lender: BANK OF NEW ZEALAND
  • Second Open Lien Mortgage Recording Date: Dec 20, 2021
  • Second Open Lien Mortgage Loan Amount: $1,000,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,043,754
  • Assessed Land Value: $3,346,556
  • Assessed Improvements Value: $697,198

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 04, 2016
  • Current Sale Recording Date: Oct 25, 2016
  • Current Sale Transaction ID: 1827629642
  • Current Sale Price: $3,625,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-1310056
  • Previous Sale Recording Date: Apr 17, 2015
  • Previous Sale Contract Date: Apr 14, 2015
  • Previous Sale Amount: $1,150,000
  • 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
6 Beds
6.5 Baths
5,009 ft²
$1,128/ft²
$5,649,000 Aug 13, 2023
-
-
House
4 Beds
3 Baths
2,574 ft²
$1,669/ft²
$4,295,000 Sep 14, 2023
-
-
House
3 Beds
5 Baths
3,419 ft²
$1,284/ft²
$4,390,000 Oct 4, 2023
-
-
House
3 Beds
2.5 Baths
2,482 ft²
$1,692/ft²
$4,200,000 Oct 27, 2023
-
-
House
2 Beds
2 Baths
5,224 ft²
$1,139/ft²
$5,950,000 Sep 27, 2023
-
-
Other
Loft
-
9,268 ft²
$453/ft²
$4,200,000 Oct 1, 2023
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 1385 Palms Boulevard built and last sold?
The property at 1385 Palms Boulevard was built in 2016 and last sold on Oct 4, 2016 for $3,625,000.
How much is this home worth?
The estimated value of the home located at 1385 Palms Boulevard is $5,049,438.
What are some comparable homes to 1385 Palms Boulevard?
Homes that are comparable to 1385 Palms Boulevard include a house property at 960 Indiana Avenue, 1517 Linden Avenue, 752 Palms Boulevard.

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