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Sold for $2,715,000
  • $2,715,000

    1233 Palms Blvd, Venice, CA 90291

    2beds
    1,505sqft
    Residential, Single Family Residence
    Built in 1921
    0.25 Acres Lot
    $2,741,200 Zestimate®
    $1,804/sqft
    $7,916 Estimated rent

    Home value

    $2,741,200

    $2.49M - $3.02M

    $7,916/mo

    Zestimate® history
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    What's special

    Japanese-inspired gardensAbundant natural lightRooftop observation deckSoaring ceilings
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Lukan DRE # 01873011 213-700-6515,

    Compass 323-593-6999,

    Chao Zhu DRE # 02180091 818-284-7560,

    Compass

    Bought with:

    Elizabeth Sarvas, DRE # 01980247

    Christie's International Real Estate SoCal

    Source: CLAW,MLS#: 25595143MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Washer, Range/Oven, Refrigerator
    • Laundry: In Unit
    Features
    • Built-Ins
    • Flooring: Ceramic Tile
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,505
    • Total interior livable area: 1,505 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Driveway
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.25 Acres
    • Dimensions: 63 x 174
    Details
    • Additional structures: Shed(s), Accessory Bldgs, Other
    • Parcel number: 4244027006
    • Zoning: LAR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Residential, Single Family Residence
    Condition
    • Year built: 1921

    Community & neighborhood

    Location
    • Region: Venice

    Price history

    DateEventPrice
    12/30/2025Sold$2,715,000-3%$1,804/sqft
    Source: CLAW #25595143 Report a problem
    11/12/2025Pending sale$2,800,000$1,860/sqft
    Source: CLAW #25595143 Report a problem
    9/29/2025Listed for sale$2,800,000$1,860/sqft
    Source: CLAW #25595143 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,728 +1.7%$366,758 +2%
    2024$4,648 +1.8%$359,567 +2%
    2023$4,566 +4.5%$352,518 +2%
    2022$4,368 +1.4%$345,607 +2%
    2021$4,306 -0.9%$338,831 +1%
    2020$4,345 $335,357 +2%
    2019$4,345 +7.3%$328,783 +2%
    2018$4,049 $322,337 +2%
    2017$4,049 +2.1%$316,018 +2%
    2016$3,965 +2.6%$309,822 +1.5%
    2015$3,864 +0.8%$305,169 +2%
    2014$3,832 $299,192 +2.5%
    2012-- $292,002 +2%
    2011-- $286,277 +0.8%
    2010-- $284,138 -0.2%
    2009-- $284,814 +2%
    2008-- $279,231 +2%
    2007-- $273,757 +2%
    2006-- $268,391
    2005-- $268,391 +4%
    2004-- $257,972 +1.9%
    2003-- $253,245 +2%
    2002-- $248,281 +4%
    2000-- $238,642

    Find assessor info on the county website

    Neighborhood: Venice

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,741,200
    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
    $2,741,200