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$2,715,000
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Property Description
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.
Full Property Details
Full Property Details for 1233 Palms Blvd
General
- Sold For: $2,715,000
- Status: Closed
- Type: Single Family
- Source: CLAW
- MLS ID: 25595143
- Added to Site: 109 day(s) ago
Interior
- Rooms/Areas: Art Studio, Living Room, Loft, Office, Studio, Den/Office, Dining Area, Patio Open
- Furnishings: Unfurnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Unit
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: Shed(s), Accessory Bldgs, Other
Parking
- Garage Description: Carport, Driveway
Location
- Area: Venice
- County: Los Angeles
- Driving Directions: google.com
Heating & Cooling
- Cooling Type: None
- Heating Type: Central
Structural Information
- Architectural Style: Other
- Structure Type: Single Family Residence
- Common Walls: Detached/No Common Walls
- Stories/Levels: 2
- Square Feet: 1,505
- Sq. Ft. Source: Assessor
- Year Built: 1921
- Year Built Source: Assessor
Additional Structures
- Other Structures: Shed(s), Accessory Bldgs, Other
Lot Features
- Lot Size (Acres): 0.2501
- Lot Size: 10896
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 63 x 174
- Zoning: LAR1
Financial Considerations
- Price Per Sq. Ft.: $1,860.47
- Assessment Year: 1921
Disclosures and Reports
- Disclosures/Reports: None
- APN: 4244-027-006
Listed by Compass, David Lukan and Compass, Chao Zhu
Sold by Christie's International Real Estate SoCal, Elizabeth Sarvas
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Schools
Schools serving 1233 Palms Blvd
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Walgrove Avenue Elementary School 1630 Walgrove Avenue, Los Angeles, CA 90066 | K-5 | 0.3 mi |
Mark Twain Middle School and World Languages Magnet 2224 Walgrove Avenue, Los Angeles, CA 90066 | 6-8 | 0.6 mi |
Venice Senior High School 13000 Venice Boulevard, Los Angeles, CA 90066 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1233 Palms Blvd
Date
Details
Price
Change
Source
12/30/2025
Sold
$2,715,000
-3.04%
MLS
9/29/2025
Listed
$2,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1233 Palms Blvd, Venice, CA 90291 (MLS# 25595143) is a Single Family property that was sold at $2,715,000 on December 30, 2025. Want to learn more about 1233 Palms Blvd? Do you have questions about finding other Single Family real estate for sale in Venice? You can browse all Venice real estate or contact a Coldwell Banker agent to request more information.

