Rare land and development opportunity in the heart of Venice's highly coveted Penmar neighborhood. Set on an expansive 10,898-square-foot parcel, 1365 and 1365 1/2 Palms represent a unique opportunity for developers, investors, and end-users to unlock its full potential. The site is currently improved with a 3 bedroom/2 bath front house and a separate 2 bedroom/2 bathroom permitted residence over the detached garage. Each dwelling unit has private washer/dryer and HVAC. Whether envisioned as a custom estate, a family compound, or a thoughtfully designed residential development, the property's scale and location make it an exceptional offering. The Penmar enclave delivers close proximity to the beach, Marina del Rey, Culver City, Silicon Beach, and the renowned restaurants, cafes, and boutiques that define the Venice lifestyle. Broker, Broker's agent(s), and seller do not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools, and/or other information concerning the conditions, features or potential development of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspections and with appropriate professionals.
For sale
$2,350,000
1365 Palms Blvd, Venice, CA 90291
3beds
1,446sqft
Residential, Single Family Residence
Built in 1940
0.25 Acres Lot
$2,282,100 Zestimate®
$1,625/sqft
$-- HOA
What's special
- 9 days |
- 1,150 |
- 74 |
Zillow last checked:
Listing updated:
Listed by:
Joy Lizabeth Kelly DRE # 02115180 310-339-9400,
Sotheby's International Realty 310-481-6262
Source: CLAW,MLS#: 26870547
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Living Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Range/Oven, Dishwasher, Washer, Dryer
- Laundry: In Unit
Features
- Flooring: Hardwood, Vinyl Plank, Ceramic Tile
- Has fireplace: Yes
- Fireplace features: Living Room, Decorative
Interior area
- Total structure area: 1,446
- Total interior livable area: 1,446 sqft
Property
Parking
- Parking features: Garage - 4+ Car
- Has garage: Yes
Features
- Levels: Multi/Split
- Stories: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.25 Acres
- Dimensions: 63 x 174
Details
- Additional structures: Other, Accessory Bldgs, Shed(s)
- Parcel number: 4244028012
- Zoning: LAR1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: California Bungalow
- Property subtype: Residential, Single Family Residence
Condition
- Year built: 1940
Community & HOA
HOA
- Has HOA: No
Location
- Region: Venice
Financial & listing details
- Price per square foot: $1,625/sqft
- Tax assessed value: $772,487
- Date on market: 8/18/2026
Estimated market value
Zestimate®
$2,282,100
Estimated sales range
$2.17M - $2.40M
Rent Zestimate®
$7,986/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listed for sale | $2,350,000$1,625/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/25/2020 | Listing removed | $5,300$4/sqft |
Source: Owner Report a problem | ||
| 1/21/2020 | Listed for rent | $5,300$4/sqft |
Source: Owner Report a problem | ||
| 3/29/2018 | Listing removed | $5,300$4/sqft |
Source: Owner Report a problem | ||
| 3/8/2018 | Listed for rent | $5,300+12.8%$4/sqft |
Source: Owner Report a problem | ||
| 2/19/2017 | Listing removed | $4,700$3/sqft |
Source: Owner Report a problem | ||
| 1/27/2017 | Listed for rent | $4,700$3/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $772,487 +2% |
| 2025 | $9,394 +1.3% | $757,368 +2% |
| 2024 | $9,278 +1.9% | $742,519 +2% |
| 2023 | $9,104 +4.8% | $727,961 +2% |
| 2022 | $8,691 +1.3% | $713,688 +2% |
| 2021 | $8,581 -1% | $699,695 +1% |
| 2020 | $8,668 | $692,521 +2% |
| 2019 | $8,668 +5.2% | $678,943 +2% |
| 2018 | $8,236 | $665,631 +2% |
| 2017 | $8,236 +2.2% | $652,580 +2% |
| 2016 | $8,060 +2.3% | $639,785 +1.5% |
| 2015 | $7,878 +1% | $630,176 +2% |
| 2014 | $7,798 | $617,833 +2.5% |
| 2012 | -- | $602,982 +2% |
| 2011 | -- | $591,159 +0.8% |
| 2010 | -- | $586,742 -0.2% |
| 2009 | -- | $588,137 +2% |
| 2008 | -- | $576,606 +2% |
| 2007 | -- | $565,301 +2% |
| 2006 | -- | $554,217 |
| 2005 | -- | $554,217 +4% |
| 2004 | -- | $532,697 +1.9% |
| 2003 | -- | $522,935 +16.2% |
| 2002 | -- | $450,000 +21.6% |
| 2000 | -- | $370,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Venice
Nearby schools
GreatSchools rating
- 5/10Walgrove Avenue Elementary SchoolGrades: K-5Distance: 0.1 mi
- 8/10Mark Twain Middle School and World Languages MagnetGrades: 6-8Distance: 0.4 mi
- 8/10Venice Senior High SchoolGrades: 9-12Distance: 0.6 mi
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