1233 Palms BLVD new Save Request In-Person Tour Request Virtual Tour
Venice,CA 90291
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,505 sqft
Price per Sqft $1,860
MLS Listing ID 25595143
Bedrooms 2
Full Baths 2
Half Baths 1
Year Built 1921
Lot Size 0.250 Acres
Property Sub-Type Single Family Residence
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.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAR1
Rooms
Other Rooms Shed(s)
Interior
Heating Central
Cooling None
Fireplaces Type None
Exterior
Parking Features Carport,Driveway
Pool None
View Y/N No
View None
Building
Story 2
New Construction No
Others
Special Listing Condition Standard