See Home Value
$13,350,399*
House - Off Market

Palms Boulevard

Venice, CA 90291
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4037 Sqft
$7,650,000 - $9,350,000
Reference Base Price*
57.06%
Since Oct 1, 2017
CA-Los Angeles
Primary Model
Sold Jan 11, 2018
$4,600,000
$3,450,000 by Jpmorgan Chase Bank Na
Mortgage Due Feb 01, 2048
Sold Nov 22, 2017
$4,315,000

About This Property

Venice Architectural Residence on Double Lot! A true masterpiece balancing simplicity, luxury and a modern lifestyle that embraces the outdoors. Designed by famed architects Marmol Radziner, this visionary 2-story, 3BR/2.5BA (plus office) architectural home uniquely blends spectacular indoor/outdoor spaces with the best contemporary finishes & features including an open plan living/dining room, exceptional double height cook's kitchen, 700 SF covered outdoor living space with fireplace & cozy ceiling heaters, private backyard garden & meditation room. Property to the east, 738 Palms, is a 3BR/1BA home on a 5300 SF lot. Both 734 & 738 Palms are included. This is a unique chance to own an amazing architectural home on an expansive, rare double lot 2 blocks off Abbot Kinney that includes a stunning residence with spacious gardens and plenty of room for a pool. Renderings by Marmol Radziner Architects for expanding the architectural home are available to view.

The manager has listed the unit size as 4037 square feet.
Unit Size
4,037Ft²
Days on Market
-
Land Size
10,600.00 acres
Price per sqft
$2,106
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2009

Price History

Date / Event Date Event Price
Jan 11, 2018 Sold to Daniel Frattali, Leslie S K... $4,600,000
Sold to Daniel Frattali, Leslie S K...
Sep 1, 2017 Listed $8,500,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,299
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,880
  • Building Area: 2,880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,880
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENICE PARK TRACT
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENICE PARK TRACT LOT/SEC 9 BLK/DIV/TWN 6

Ownership

  • Current Owner : FRATTALI DANIEL
  • Current Owner 2: KLINGER LESLIE S
  • Previous Owner : SECORD PROPERTIES LLC
  • Owner Before Previous Owner: LFT ASSET HOLDINGS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 49-C3
  • Parcel: 4241-015-027
  • Block: 6
  • Lot: 9
  • Municipality: WEST /OAKW/CENT VEN
  • Latitude: 33.9928
  • Longitude: -118.462

    Address

  • Full Address: 734 Palms Blvd
  • Address - House Number: 734
  • Address - Street Name: Palms
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Venice
  • Carrier Code: C007
  • 4-Digit Zip Code: 3849
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $57,800
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 4,765,458
  • High Value: 5,880,010
  • Low Value: 3,650,905

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,450,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 11, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,030,771
  • Assessed Land Value: $2,187,292
  • Assessed Improvements Value: $2,843,479

    Sales

  • Current Sale Contract Date: Nov 28, 2017
  • Current Sale Recording Date: Jan 11, 2018
  • Current Sale Transaction ID: 11363440033
  • Current Sale Price: $4,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0034252
  • Previous Sale Recording Date: Nov 22, 2017
  • Previous Sale Contract Date: Nov 16, 2017
  • Previous Sale Amount: $4,315,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 11, 2018
  • First Mortgage Loan Amount: $3,450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Feb 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Los Angeles


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 734 Palms Boulevard built and last sold?
The property at 734 Palms Boulevard was built in 2009 and last sold on Nov 28, 2017 for $4,600,000.
How much is this home worth?
The estimated value of the home located at 734 Palms Boulevard is $8,272,675.
What are some comparable homes to 734 Palms Boulevard?
There are currently no comparable homes to 734 Palms Boulevard.

Quantcast