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1201 Cabrillo Avenue, Venice, California 90291, Venice, 90291 - 3 bed, 3 bath

1201 Cabrillo Avenue, Venice, California 90291 home-pic-0
ACTIVE$4,295,000
1201 Cabrillo Avenue, Venice, California 90291
3Beds
3Baths
2,200Sqft
2,550Lot

Price Vs. Estimate

The estimated value ($3,623,029.53) is $671,970.47 (15%) lower than the list price ($4,295,000). This property may be overpriced.

Key pros and cons

Top Pros:
Architectural Significance & Design: Featured in Architectural Digest, this property boasts a bold, minimalist design by renowned architect David Hertz, with interior design by Martha Mulholland and landscape by Jack Price Design, offering exceptional prestige and unique aesthetic appeal.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2550, living area = 2200.

Compared to the nearby listings

Price:$4.29M vs avg $2.29M (+$2,004,500)91%
Size:2,200 sqft vs avg 1,831.5 sqft65%
Price/sqft:$2.0K vs avg $1.3K93%

More Insights

Built in 2008 (17 years old).
Condition: Built in 2008, this property, featured in Architectural Digest, boasts a timeless modern design with exceptionally high-end finishes and features. The custom Bulthaup kitchen and exquisite master suite with a glass-panel steam shower and freestanding soaking tub exemplify current luxury standards. All components, including flooring, light fixtures, and architectural elements like the floating steel-and-walnut stair and rooftop deck, appear to be in pristine, virtually new condition with no deferred maintenance.
Year Built
2008
Close
-
List price
$4.29M
Original List price
$4.29M
Price/Sqft
$1,952
HOA
-
Days on market
-
Sold On
-
MLS number
25524045
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s)
Deck
Spa
ViewCity Lights,Mountain(s)

About this home

Featured in Architectural Digest, experience the bold design of this modern compound moments from the epicenter of Abbot Kinney. Minimalist architecture defines this home with an open living plan and a custom Bulthaup kitchen. Walls of glass merge the indoors and out, taking full advantage of the sun & sea breezes. A floating steel-and-walnut stair beckons you to an expansive rooftop deck - complete with fireplace, kitchen, hot tub and lounge areas. Exquisite master suite is simple and elegant, with custom his & hers closets, a glass-panel steam shower and a freestanding soaking tub with lush views of the landscape and ocean sky. A terrarium courtyard splits the two distinct structures on the property, with an overhead bridge joining the buildings. High ceilings, abundant natural light, refined in detail and finish, this dynamic environment offers complete privacy in the heart of Venice. Interior design Martha Mulholland. Landscape Jack Price Design. Original architect David Hertz, S.E.A.

Price History

Date
Event
Price
06/17/16
Sold
$3,000,000
06/30/05
Sold
$950,000
Condition Rating
Excellent
Built in 2008, this property, featured in Architectural Digest, boasts a timeless modern design with exceptionally high-end finishes and features. The custom Bulthaup kitchen and exquisite master suite with a glass-panel steam shower and freestanding soaking tub exemplify current luxury standards. All components, including flooring, light fixtures, and architectural elements like the floating steel-and-walnut stair and rooftop deck, appear to be in pristine, virtually new condition with no deferred maintenance.
Pros & Cons

Pros

Architectural Significance & Design: Featured in Architectural Digest, this property boasts a bold, minimalist design by renowned architect David Hertz, with interior design by Martha Mulholland and landscape by Jack Price Design, offering exceptional prestige and unique aesthetic appeal.
Luxury Amenities & Finishes: The home features a custom Bulthaup kitchen, a floating steel-and-walnut stair, and an expansive rooftop deck complete with a fireplace, kitchen, hot tub, and lounge areas, alongside an exquisite master suite with a glass-panel steam shower and freestanding soaking tub.
Prime Venice Location: Situated moments from the epicenter of Abbot Kinney and in the heart of Venice, the property offers unparalleled access to one of Los Angeles' most vibrant and sought-after neighborhoods.
Unique Indoor-Outdoor Living & Privacy: Walls of glass seamlessly merge the indoors and out, complemented by a terrarium courtyard splitting two distinct structures joined by an overhead bridge, all designed to offer complete privacy within a dynamic environment.
Abundant Natural Light & Views: The design maximizes natural light and sea breezes, with high ceilings and lush views of the landscape, ocean sky from the master suite, and additional City Lights and Mountain views.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2550, living area = 2200.
Premium Pricing Relative to Estimated Value: The current list price is 15% higher than the property's estimated value, which may indicate an aggressive pricing strategy and could potentially impact market appeal or require extended negotiation.
Compact Size for Luxury Segment: With 2200 sqft of living space on a 2550 sqft lot, the property offers a relatively smaller footprint for its luxury price point, which might not align with expectations of all high-end buyers seeking more expansive estates.
Highly Specific Aesthetic Appeal: While prestigious, the bold, minimalist architectural style caters to a very particular taste, potentially narrowing the pool of prospective buyers compared to properties with broader luxury appeal.

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