$2,800,000

1233 Palms Boulevard, Venice, CA 90291

  • 2 beds |
  • 3 baths |
  • 1,505 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1921
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,860/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
September 29, 2025 at 05:00AM
Listing Office:
Compass : 323-593-6999
Listing Agent:
David Lukan : 213-700-6515
MLS ID:
25595143
  • General: Loft
  • Appliances: DishwasherDisposalRefrigeratorDryerWasher
  • A/C: None
  • Heating: Central
  • Fireplace: None
  • General: Shed(s)
  • Style: See Remarks
  • Other Structures: Shed(s)
  • Pool: None
  • Parking: CarportDrivewayParking spaces: 2
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR14244027006
  • View: None
  • Source: CRMLS_CL

This listing courtesy of David Lukan, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Walgrove Avenue Elementary

1630 Walgrove Ave, Los Angeles, CA, 90066

Grades KG-5

0.34 miles away

M

Mark Twain Middle School

2224 Walgrove Ave, Los Angeles, CA, 90066

Grades 6-8

0.43 miles away

V

Venice High School

13000 Venice Blvd, Los Angeles, CA, 90066

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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