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Sold for $1,650,000
  • Listing Provided by: Pinnacle Estate Properties
    Bought with: Pinnacle Estate Properties
    $1,650,000

    1024 Palms Blvd, Venice, CA 90291

    5beds
    1,946sqft
    Single Family Residence
    Built in 1924
    6,063 Square Feet Lot
    $1,633,700 Zestimate®
    $848/sqft
    $7,982 Estimated rent

    Home value

    $1,633,700

    $1.47M - $1.81M

    $7,982/mo

    Zestimate® history
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    $7,982/mo

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    $10,534/mo

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    What's special

    Large backyardBeautiful coastal sceneryGorgeous streetGenerous sized lot
    Located in the heart of Venice, this property sits on a generous sized lot amidst the beautiful coastal scenery, just minutes from the world famous Venice Beach Boardwalk, Venice Canals, Abbot Kinney Blvd, Penmar Golf Course and LAX.  It’s vibrant and dynamic beach lifestyle includes trendy coffee shops, boutiques, popular attractions, cultural hotspots and restaurants. Whether you're an investor/developer seeking a profitable venture to build an Architectural Dream House in this super hot Venice Beach market or a homeowner seeking a retreat to call your own, this property is an opportunity that cannot be missed.  With almost 2000 sq. ft. of living space on a 6,061 sq. ft lot. this 5 Bedroom/ 2 Bathroom home has endless possibilities.  The large backyard is ideal for entertaining with great ADU potential, given the detached garage and accessible entrance.       Nestled on a gorgeous street filled with uniquely charactered new constructions, this loving home has been in the same family for over 50 years and is now ready for the right, new owner.  Don't miss out on this amazing investment opportunity. It won’t last long. DO NOT WALK ON PROPERTY AND DO NOT DISTURB OCCUPANTS IN ANY MANNER.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Sevan Petrossian DRE #01989049 818-521-7309,

    Pinnacle Estate Properties

    Bought with:

    Sevan Petrossian, DRE #01989049

    Pinnacle Estate Properties

    Source: CRMLS,MLS#: SR25017374MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 5
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • All Bedrooms Down
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,946 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,063 sqft
    • Features: 0-1 Unit/Acre, Yard
    Details
    • Parcel number: 4242011030
    • Zoning: LAR1
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Sidewalks, Water Sports
    Location
    • Region: Venice

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange

    Price history

    DateEventPrice
    4/4/2025Sold$1,650,000$848/sqft
    Source: CRMLS #SR25017374 Report a problem
    2/12/2025Pending sale$1,650,000$848/sqft
    Source: CRMLS #SR25017374 Report a problem
    1/25/2025Listed for sale$1,650,000$848/sqft
    Source: CRMLS #SR25017374 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,875 +147.1%$1,220,704 +154.6%
    2024$6,019 +1.9%$479,465 +2%
    2023$5,909 +4.7%$470,064 +2%
    2022$5,643 +1.4%$460,848 +2%
    2021$5,563 -0.9%$451,813 +1%
    2020$5,616 $447,181 +2%
    2019$5,616 +6.1%$438,414 +2%
    2018$5,293 $429,819 +2%
    2017$5,293 +2.2%$421,392 +2%
    2016$5,180 +2.6%$413,130 +1.5%
    2015$5,048 +1%$406,925 +2%
    2014$4,997 $398,955 +2.5%
    2012-- $389,367 +2%
    2011-- $381,734 +0.8%
    2010-- $378,882 -0.2%
    2009-- $379,783 +2%
    2008-- $372,337 +2%
    2007-- $365,037 +2%
    2006-- $357,880
    2005-- $357,880 +4%
    2004-- $343,985 +1.9%
    2003-- $337,682 +2%
    2002-- $331,062 +4%
    2000-- $318,208

    Find assessor info on the county website

    Neighborhood: Venice

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Venice

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,633,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,633,700