facebook
Traded Co logo
Submit
Daily limit: 0/10

Steve Savitsky Of Ground Control Sells Venice Compound At 1209 And 1215 Appleton Way For $13.5M

Property Image
SOLD
$13,500,000
Tracey Becker
Elisa Crispi

California

See Similar Deals
Single Family
Sold 06/03/2025
the dealplayerscompscontact
Property Image
SOLD

Steve Savitsky Of Ground Control Sells Venice Compound At 1209 And 1215 Appleton Way For $13.5M

1215 Appleton Way

See Similar Deals
Single Family
Sold 06/03/2025
Tracey Becker
Elisa Crispi
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family
Transaction Type:Sale

A Venice compound at 1209 and 1215 Appleton Way has gone into contract for $13.5 million. The property spans 22,000 square feet and includes two estates, featuring a main home that exceeds 6,500 square feet, which is equipped with a screening room and sports court.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $13,500,000
  • Address: 1209 & 1215 Appleton Way
  • Market: Venice
  • Seller: Steve Savitsky - Ground Control
  • Broker Representatives: Elisa Crispi & Tracey Becker - Compass

The transaction showcases the involvement of entertainment business manager Steve Savitsky as the property owner and the collaboration of brokers Elisa Crispi and Tracey Becker from Compass, responsible for representing the sale of the property.

Players

Tracey Becker
Compass
Tracey Becker
2 deals$23.5M volume(310) 988-9766
BROKER
Elisa Crispi
Compass
Elisa Crispi
2 deals$23.5M volume(213) 948-5834
BROKER
Elisa Crispi
Compass
Elisa Crispi
2 deals$23.5M volume(213) 948-5834
BROKER

Details

SOLD
IMAGE: - UNDER CONTRACT IMAGE: Steve Savitsky, Elisa Crispi & Tracey Becker DATE: 06/03/2025 ADDRESS: 1209 & 1215 Appleton Way MARKET: Venice ASSET TYPE: Single Family SELLER: Steve Savitsky - Ground Control BROKERS: Elisa Crispi (@Alofthehouses) & Tracey Becker (@TraceyBeckerhome) - Compass (@Compass) PRICE: $13,500,000 NOTE: A Venice compound at 1209 and 1215 Appleton Way went into contract for $13.5M, topping last week’s Eklund Gomes LA luxury report.Listed by Compass’ Tracey Becker and Elisa Crispi, the 22,000 sq. ft. property is owned by entertainment business manager Steve Savitsky and features two estates, including a 6,500+ sq. ft. main home with a screening room and sports court.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$720,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$47,962.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,996.89
Annual Debt Service$767,962.65