1384 Palms, Venice, CA 90291

$2,199,000
3
BD
2
BA
1,897
SqFt

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List Price
$2,199,000
Status
COMING SOON
MLS#
PW26167830
Year Built
1941
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,897
Lot Size
7,126
Lot Location
Back Yard, Front Yard, Rectangular Lot
Days on Market
1
Property Type
Single Family Residential
Stories
One Level

Property Description

*Professional Photos Coming Soon* Rare opportunity to acquire a prime 7,100+ sq. ft. lot in one of Venice’s most desirable neighborhoods, east of Lincoln Boulevard. Whether you’re a developer seeking your next project, an investor looking to capitalize on the continued demand for luxury Westside homes, or an end user ready to create a custom dream residence, this property offers exceptional potential. The existing traditional residence offers a generous 1,897 square feet with 3 bedrooms and 2 bathrooms, providing an excellent canvas for an owner looking to renovate, reimagine, and personalize the home while enjoying one of Venice’s most sought-after locations. Surrounded by newly constructed luxury homes and extensive redevelopment, the site also presents an outstanding opportunity to build a stunning modern residence with an ADU, pool, and thoughtfully designed outdoor living spaces (buyer to verify all development potential with the city of Los Angeles). With luxury new construction continuing to command premium prices throughout the neighborhood, this property offers an attractive entry point with significant upside for those looking to maximize value. Recent sales in the immediate area highlight the strength of the surrounding market. This desirable residential pocket delivers a quiet neighborhood feel, while just minutes from the beach, Abbot Kinney, Rose Avenue, Main Street Santa Monica, Marina Del Rey, Penmar Golf Course, top-rated dining, boutique shopping, fitness studios, and some of Los Angeles’ most celebrated coffee shops. This section of the neighborhood is known for its larger residential lots, tree-lined streets, strong owner occupancy, and ongoing transformation through high-end custom home development. Venice continues to be one of Southern California’s most iconic coastal communities, benefiting from continued investment, strong demand, and close proximity to Silicon Beach, Santa Monica, Culver City, and LAX. Whether your vision is to renovate and create your forever home or develop a signature luxury estate, opportunities like this on a generously sized lot in Venice are increasingly rare. Bring your architect, designer, and vision, and unlock the full potential of one of Venice’s premier redevelopment opportunities.

Additional Information

Pool Description
None
Fireplace Description
See Remarks
Cooling
Yes
View
Neighborhood
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified
Terms
Cash, Cash to New Loan, Conventional, 1031 Exchange

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Nakia Reneau-Holland (Nakia@TheReneauGrp.com) from Listing Office: Coldwell Banker Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.