See Home Value
$7,801,485*
House - Off Market

1621 Crescent Pl

Venice, CA 90291
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4412 Sqft
$6,255,000 - $7,645,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model
Sold Jul 14, 2021
$6,450,000
$4,515,000 by First Republic Bank
Mortgage Due Jun 01, 2052
Sold Jan 22, 2019
$6,750,000
$4,725,000 by First Republic Bank
Mortgage Due Jan 26, 2044

About This Property

Escape to a greenery-draped tropical oasis, enviably located on one of Venice's most desired walk streets, and just moments to Abbot Kinney's chic shops & restaurants. This spectacular Robert Thibodeau-designed home perfectly captures SoCal's sunlight, air and warmth, with expansive spaces and disappearing glass walls that seamlessly connect the interior to the tranquil patio & swimming pool. Designer details elevate the home, with a floating wall at entry, dramatic wood ceilings & sleek integrated kitchen w/marble waterfall island. Upstairs, the 4 sizable bedrooms include the primary suite with luxurious fireplace & wall-to-wall marble bath. A bridge connects the main house to an oversized studio w/bath & private patio. Other amenities include a finished basement, gym, dog run, koi ponds, solar panels, parking for 5 cars & roof deck w/sweeping views. The exterior spaces have been reimagined by visionary landscape architect Stefan Hammerschmidt to complete this peaceful, utopian sanctuary.

The manager has listed the unit size as 4412 square feet.
Unit Size
4,412Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$1,575
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 25, 2021 In contract -
In contract
Mar 28, 2021 Price Decreased $6,950,000
↓ $400K (5.4%)
Price Decreased
Mar 17, 2021 Relisted $7,350,000
Relisted
Mar 13, 2021 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 4,551
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 480
  • Total Building Area: 2,826
  • Building Area: 2,826
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Solar
  • Heated Square Feet: 2,826
  • Heating Fuel Type: Solar energy

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENICE ANNEX
  • Land Acres: 0.105
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENICE ANNEX LOT/SEC 7 BLK/DIV/TWN 2

Ownership

  • Current Owner : BUSHNELL MEREDITH
  • Current Owner 2: 117 1226 TRUST
  • Previous Owner : ISACKSON ROBERT K
  • Previous Owner 2: ISACKSON SHELLAN
  • Owner Before Previous Owner: MASCOLO ZAK
  • Owner Before Previous Owner 2: MASCOLO CAROLINE SOUSA

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273600

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 49-C4
  • Parcel: 4241-013-007
  • Block: 2
  • Lot: 7
  • Municipality: WEST /OAKW/CENT VEN
  • Latitude: 33.9909
  • Longitude: -118.462

    Address

  • Full Address: 1621 Crescent Pl
  • Address - House Number: 1621
  • Address - Street Name: Crescent
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Venice
  • Carrier Code: C007
  • 4-Digit Zip Code: 3820
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $75,517
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 5,358,562
  • High Value: 6,611,831
  • Low Value: 4,105,294

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $6,874,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jun 01, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $4,515,000
  • 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: Jun 01, 2052
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: Jun 01, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $2,359,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,579,000
  • Assessed Land Value: $4,539,000
  • Assessed Improvements Value: $2,040,000

    Sales

  • Current Sale Contract Date: Jul 02, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Transaction ID: 11844678529
  • Current Sale Price: $6,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1089341
  • Previous Sale Recording Date: Jan 22, 2019
  • Previous Sale Contract Date: Jan 04, 2019
  • Previous Sale Amount: $6,750,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Jan 22, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $4,725,000
  • Previous Mortgage Term: 299
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Jan 26, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,522 ft²
$2,300/ft²
$5,800,000 Jan 3, 2023
-
-
House
3 Beds
5 Baths
3,414 ft²
$2,342/ft²
$7,995,000 Sep 23, 2022
-
-
House
3 Beds
2.5 Baths
3,116 ft²
$1,890/ft²
$5,890,000 Nov 28, 2022
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 1621 Crescent Place built and last sold?
The property at 1621 Crescent Place was built in 2014 and last sold on Jul 2, 2021 for $6,450,000.
How much is this home worth?
The estimated value of the home located at 1621 Crescent Place is $6,902,723.
What are some comparable homes to 1621 Crescent Place?
There are currently no comparable homes to 1621 Crescent Place.

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