1076 Palms BLVD, Venice, CA 90291
1076 Palms BLVD, Venice, CA 90291
1076 Palms BLVD, Venice, CA 90291
1076 Palms BLVD, Venice, CA 90291
1076 Palms BLVD, Venice, CA 90291
1076 Palms BLVD, Venice, CA 90291
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$ 3,475,000
Est. payment | /mo

5 Beds

5 Baths

3,537 SqFt


Save
$ 3,475,000
Est. payment | /mo
Save

5 Beds

5 Baths

3,537 SqFt

Open House

Sat Jul 11, 1:00pm - 4:00pm

Sun Jul 12, 2:00pm - 5:00pm

Tue Jul 14, 12:00pm - 2:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,537 sqft

Price per Sqft $982

MLS Listing ID 26855707

Bedrooms 5

Full Baths 4

Three Quarter Bath 1

HOA Y/N No

Year Built 1948

Lot Size 6,063 Sqft

Property Sub-Type Single Family Residence

Property Description

Welcome to 1076 Palms Boulevard - a rare architectural compound in one of Venice's most walkable and sought-after neighborhoods. Designed and reimagined by acclaimed Venice architectural firm DU Architects, the property features two architecturally significant mid-century inspired structures: a sophisticated three-bedroom primary residence and a beautifully executed two-story ADU positioned privately at the rear of the lot. The main residence spans approximately 2,300 square feet with three bedrooms and two bathrooms and embodies the principles of true mid-century modern design: clean lines, soaring ceilings, large custom windows, expansive light and volume, and a seamless indoor-outdoor connection. Thoughtfully conceived as a standalone luxury home, the residence delivers both warmth and functionality without compromise. At the rear of the property, the approximately 1,200-square-foot ADU offers complementary flexibility and income potential. The structure is configured as two separate units: the upper level holds a stunning two-bedroom, two-bath residence replete with windows overlooking the eclectic neighborhood and Santa Monica Mountains to the North. The ground level offers a generous studio (or possible sixth bedroom) with a full bath, along with a single-car garage. Above, a rooftop deck plumbed for water, gas, and electrical creates the opportunity for an elevated outdoor entertaining space with endless potential and a 360-degree vista to enjoy the horizon of Pacific Ocean sunsets. The property carries a strong and well-documented leasing history, generating approximately $20,000 per month in long-term rental income across the two homes (leasing history available upon request), offering a meaningful opportunity to offset ownership costs in one of the Westside's most competitive markets. Ideally situated walking distance to Venice hotspots Zinque, Superba, The Penmar, the just-opened Bodega & Palms, as well as the vibrant collection of galleries, boutiques, and creative spaces that define the Venice arts culture. The location delivers an unmatched lifestyle rooted in walkability and community. What truly distinguishes the offering is its long-term flexibility and development potential. Under SB9, a future owner may choose to explore the opportunity to subdivide the lot and eliminate parking requirements entirely, creating multiple pathways for use whether as a sophisticated owner-user compound, a multi-generational living arrangement, an investment property with substantial income, or a future development and resale opportunity. A compelling combination of architecture, income, lifestyle, and future optionality - all on a single lot in prime Venice.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LAR1

Rooms

Other Rooms Guest House

Interior

Interior Features Breakfast Bar, Separate/Formal Dining Room

Heating Central, Forced Air, Heat Pump

Cooling Central Air, Heat Pump

Flooring Tile, Wood

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Disposal, Oven, Dryer, Washer

Laundry Laundry Closet

Exterior

Parking Features Door-Multi, Door-Single, Garage, Garage Door Opener, Private

Garage Spaces 1.0

Garage Description 1.0

Pool None

View Y/N Yes

View Hills, Marina

Porch Concrete

Total Parking Spaces 1

Private Pool No

Building

Lot Description Back Yard, Front Yard

Faces North

Story 1

Entry Level One

Foundation Raised, Slab

Sewer Other

Architectural Style Contemporary

Level or Stories One

Additional Building Guest House

New Construction No

Others

Senior Community No

Tax ID 4242012020

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Matthew Freeman Pardee Properties #01330292

NEARBY SCHOOLS & PROPERTIES

Crystal Hall

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 888-1239

crystaltherealtor@icloud.com

6050 Santo Road # 270, Diego, California, 92124, United States

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1076 Palms BLVD