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$2,800,000
Listing Price2beds
3baths
1,505sqft
10,893sqft lot
1233 Palms Blvd, Venice, CA 90291
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
1233 Palms is a one of a kind magical artist compound and an extraordinary investment opportunity in one of Venices 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.
Interior Details
1505
2
3
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
10893
Yes
No
Type:
Garage, Detached
Location:
N/A
Status:
N/A
Number of Spaces:
1
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Conventional
N/A
N/A
Gable
Roll Composition (rolled Mineral Roof)
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$4,183
$155,993
$179,364
--%
$335,357
2019
$4,183
$152,935
$175,848
--%
$328,783
2018
$4,049
$149,937
$172,400
--%
$322,337
2017
$3,964
$146,998
$169,020
--%
$316,018
2016
$3,864
$144,116
$165,706
--%
$309,822
2014
$3,832
$139,172
$160,020
--%
$299,192
2013
$3,825
$138,544
$159,297
--%
$297,841
2012
$3,761
$135,828
$156,174
--%
$292,002
Average Home Price in 90291
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Details for 1233 PALMS BLVD
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





