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1623 Crescent Place, Venice, CA 90291

$5.85M5bd · 5ba · 3,004 sqft
Lot 4,123 sqft•Single Family Residence•
Active
•41d on market•MLS# 00-25548077

Property Description

Nestled on a quiet, pedestrian-only walk street, just one block from Abbot Kinney, this exceptional Spanish compound offers a private, luxurious setting with the best of Venice just steps away. The grounds of this coveted walk street property feature a 3BD/3BA main residence reimagined with elevated materials and contemporary elegance by acclaimed Venice design firm Electric Bowery, and two separate living quarters over a detached garage, each with its own private kitchen and bathroom. Beyond the classic arched gate, a dramatic, custom bifold front door marries the refined, fully customized interior, with the lush, thoughtfully designed garden, creating the ultimate indoor-outdoor oasis. Inside, a rich and luxurious interior palette of warm walnut, luminous onyx, and exquisite marble are paired with a collection of vintage and designer light fixtures, and other elegant and surprising design details. The completely renovated cook's kitchen is equipped with Waterworks fixtures and Gaggenau appliances. The light-filled master suite is a retreat unto itself, with vaulted ceilings, a marble fireplace, and a custom leaded-glass window opening to an onyx clad bath with walnut double vanity, freestanding tub, and a private balcony. Above it all, a teak roof deck with a fire pit, with views of Venice, the Santa Monica Mountains, and beyond; a serene, private perch at the heart of one LA's most vibrant neighborhoods.

Features & Amenities

FeeBuilt 1927

Property Details

Land Type
Fee
Year Built
1927
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
Flooring
Tile, Wood
City
Venice
Zip Code
90291
County
Los Angeles
Listed byPardee Properties, Emma Russell

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$29,580.78
Principal & Interest
Loan Amount
$4,680,000
Total Interest
$5,969,082
Total Payment Over 30 Years
$10,649,082
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1623 Crescent Place, Venice, CA 90291

Venice · Single Family Residence

$5.85M
Luxury Tier
Beds
5
Baths
5
Sqft
3,004
Lot
4,123 sqft
Year
1927
$/Sqft
$1947
Pool: Yes✓
Spa: No✓

Listed 10.5% above the median closed sale of $5,295,000. Price per sqft ($1,947) is a 36% premium to closed comps ($1,433). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $5.85M· $1,947/sqft
Total list price
Closed comps
vs closed median $5.29M
+$555K (+10.5%)
Active comps
vs active median $5.75M
+$100K (+1.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,464
+$483 (+33.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1915 Ocean Front WalkVenice1934552,6313,920$2,470$6.50M9477
554 Westminster AvenueLos Angeles1938453,3565,203$1,862$6.25M7374
2214 Glyndon AvenueVenice2026564,1025,659$1,218$5.00M1063
2031 Glyndon AvenueVenice2026664,1056,379$1,266$5.20M4458
1802 Pacific AvenueVenice19230011,4086,834$504$5.75M39040
Total: 5 · Average4.04.45,120.45,599$1,464$5.74M122.2
Median4,102$5.75M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
564 Rialto AvenueVenice191408/19/2026563,6985,096$6.65M$6.25M$1,6910.9412679
442 Sherman CanalVenice202409/04/2026464,1452,850$5.29M$5.21M$1,2560.9812864
2910 Strongs DriveVenice199906/30/2026343,3105,967$5.75M$5.29M$1,6000.9211763
2102 Pier AvenueSanta Monica201805/19/2026453,8947,024$5.00M$5.28M$1,3551.063652
2137 Ashland AvenueSanta Monica202608/05/2026564,4007,009$5.80M$5.55M$1,2610.969548
Total: 5 · Average4.25.43,889.45,589.2$5.52M$5.52M$1,432.6—100.4
Median3,894$5.29M$5.29M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.