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1233 Palms BoulevardVenice, CA 90291

For Sale

$2,800,000

Smart Buyer Rebate $28,000

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.

Listed by David Lukan

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License #01873011

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Compass

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213-700-6515

Listed by Chao Zhu

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License #02180091

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Compass

Last updated October 18, 2025

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Source: CRMLS #25595143

Listing Facts

  • TypeSingle-family
  • NeighborhoodEast of Lincoln
  • Bedrooms2
  • Bathrooms2.5
  • Days on Prevu24
  • Size1,505 sqft
  • Price per sqft$1,860

Amenities

  • Dishwasher
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

10/18/2025
Status changed to Active
$2,800,000
10/17/2025
Status changed to Removed from Feed
$2,800,000
09/29/2025
Status changed to Active
$2,800,000
09/29/2025
Listed by Compass
$2,800,000

Property Details for 1233 Palms Boulevard

Exterior

Construction

  • Stories: 2
  • Stories Total: 2
  • Year Built: 1921
  • Architectural Style: See Remarks
  • Common Walls: No Common Walls

Features

  • Other Structures: Shed(s)

Measurements

  • Building Area Total: 1,505
  • Lot Size Acres: 0.25
  • Lot Size Area: 10,896
  • Lot Size Dimensions: 63,174
  • Lot Size Square Feet: 10,896
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 4244027006

Interior

Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
  • Interior Features: Loft

Measurements

  • Living Area: 1,505
  • Living Area Source: Assessor

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 2

Parking

Parking

  • Carport: Yes
  • Parking Features: Carport, Driveway
  • Parking Total: 2

Utilities

Equipment

  • Heating: Central
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.