SeeRemarks

1233 Palms Boulevard

Venice , CA 90291

MLS#: 25595143

$2,800,000

Status: Active
Listing number: 25595143
Listing provided by: Compass
Listing agent phone: None
Last update: 2 days ago
On site: 21 days ago
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Property

Beds

2

Full Baths

2

1/2 Baths

1

Year Built

1921

Sq.Footage

1,505

1233 Palms is a one of a kind magical artist compound and an extraordinary investment opportunity in one of Venice's most sought-after neighborhoods. This nearly 11,000-square-foot lot offers a rare chance to create a signature private estate or explore multi-phase redevelopment in a high-demand Westside market surrounded by newly built multi-million-dollar homes. The property currently consists of three structures. The main residence includes 2 bedrooms, 2.5 bathrooms, a den, and a rooftop observation deck, complemented by Japanese-inspired gardens. The second structure, designed by award-winning AIA architect Steven Ehrlich, provides a dramatic art studio/gallery space with soaring ceilings and abundant natural light. The third structure, also a studio, offers additional flexible square footage. The lot measures approximately 174 feet by 63 feet and is zoned LAR1, with alley access and no existing plans or entitlements, an ideal blank canvas for investors, developers, or end-users seeking to maximize value in a premier location. Large-scale lots of this size and zoning are increasingly scarce in Venice, making this a compelling opportunity to secure a generational asset with significant upside potential.

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    2

  • 1/2 Bathrooms

    1

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Carport, Driveway

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Lot Size(acres)

    0.2501

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    SeeRemarks

Price

  • Sales Price

    $2,800,000

  • Sq. Footage

    1, 505

  • Price/SqFt

    $1,860

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Listing Courtesy of David Lukan , Compass

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1233 Palms is a one of a kind magical artist compound and an extraordinary investment opportunity in one of Venice's most sought-after neighborhoods. This nearly 11,000-square-foot lot offers a rare chance to create a signature private estate or explore multi-phase redevelopment in a high-demand Westside market surrounded by newly built multi-million-dollar homes. The property currently consists of three structures. The main residence includes 2 bedrooms, 2.5 bathrooms, a den, and a rooftop observation deck, complemented by Japanese-inspired gardens. The second structure, designed by award-winning AIA architect Steven Ehrlich, provides a dramatic art studio/gallery space with soaring ceilings and abundant natural light. The third structure, also a studio, offers additional flexible square footage. The lot measures approximately 174 feet by 63 feet and is zoned LAR1, with alley access and no existing plans or entitlements, an ideal blank canvas for investors, developers, or end-users seeking to maximize value in a premier location. Large-scale lots of this size and zoning are increasingly scarce in Venice, making this a compelling opportunity to secure a generational asset with significant upside potential.

1233 Palms Boulevard

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