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1076 Palms Boulevard, Venice, CA 90291

$3.00M5bd · 5ba · 3,537 sqft
Lot 6,064 sqft•Single Family Residence•
Active
•33d on market•MLS# 00-26985607

Property Description

Unbelievable value for this rare Venice architectural compound. Set on an expansive lot in the highly sought-after East of Lincoln neighborhood, this distinctive property was designed and reimagined by acclaimed Venice firm DU Architects and encompasses approximately 3,500 square feet across a sophisticated 3-bedroom primary residence and a versatile two-level rear ADU. The result is a rare opportunity to own a true two-home property that can accommodate elevated primary living, guests, extended family, creative space, or substantial rental income. The approximately 2,200-square-foot main residence is a striking Mid-Century-inspired home defined by clean architectural lines, abundant natural light, and a seamless connection to the outdoors. Soaring 12-foot ceilings, expansive custom windows, and a dramatic sunken living room create an exceptional sense of volume and light, while the three-bedroom, two-bath layout offers the comfort and privacy of a refined standalone residence. Behind the main house, the approximately 1,300-square-foot second structure provides an entirely separate living experience. The upper level is a beautifully appointed two-bedroom, two-bath residence with sweeping views extending across Venice to the Santa Monica Mountains. Below, a separate approximately 500-square-foot permitted bonus space offers additional flexibility with its own amenities and access. An attached one-car garage is accessible from the lower level or via a separate exterior pedestrian entrance. Above it all, a private rooftop deck captures spectacular 360-degree views and is fully plumbed for water, gas, and electricity creating an extraordinary setting for entertaining, dining, or simply taking in the Venice skyline and ocean breeze. Whether utilized as a primary residence with a substantial income-producing component, a multigenerational compound, a guest residence, or a combination of uses. Located walking-distance to Zinque, Superba, Barry's Bootcamp, The Penmar, Bodega & Palms, and the galleries, boutiques, restaurants, and cafes that define Venice. 1076 Palms is a Venice compound designed for the way people want to live now and the flexibility to evolve for whatever comes next.

Features & Amenities

FeeBuilt 1948

Property Details

Land Type
Fee
Year Built
1948
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central, Forced Air, Heat Pump
Cooling
Central Air, Heat Pump
View
Hills, Marina
Flooring
Tile, Wood
City
Venice
Zip Code
90291
County
Los Angeles
Listed byUnknown Office, Matthew Freeman

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$15,144.35
Principal & Interest
Loan Amount
$2,396,000
Total Interest
$3,055,966
Total Payment Over 30 Years
$5,451,966
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1076 Palms Boulevard, Venice, CA 90291

Venice · Single Family Residence

$3.00M
Luxury Tier
Beds
5
Baths
5
Sqft
3,537
Lot
6,064 sqft
Year
1948
$/Sqft
$847
Pool: No✓
Spa: No✓
View: city✓

Listed 24.2% below the median closed sale of $3,950,000. Price per sqft ($847) is a 21% discount to closed comps ($1,074). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $3.00M· $847/sqft
Total list price
Closed comps
vs closed median $3.95M
−$955K (−24.2%)
Active comps
vs active median $3.80M
−$802K (−21.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,130
−$283 (−25.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
616 7thVenice—443,0500$1,245$3.80M6580
923 Milwood AvenueVenice2026453,6314,250$1,198$4.35M3178
214 Venice BoulevardVenice1989443,5094,337$1,082$3.79M19976
1706 Abbot Kinney BoulevardVenice1954443,0083,001$1,328$4.00M3174
1208 Palms BoulevardVenice2022453,4992,750$799$2.79M1873
Total: 5 · Average4.04.43,339.43,584.5$1,130.4$3.75M68.8
Median3,499$3.80M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2026 Louella AvenueVenice202606/30/2026453,4005,460$4.09M$3.95M$1,1620.964685
2445 Glyndon AvenueVenice202509/11/2026563,9505,850$4.65M$4.65M$1,1771.0024182
2324 Boone AvenueVenice200509/16/2026443,9115,004$3.98M$3.77M$9650.9513377
752 Palms BoulevardVenice201506/12/2026453,4195,301$4.50M$4.46M$1,3040.998969
407 Rialto AvenueVenice201705/08/2026443,1582,624$2.63M$2.40M$7600.915267
Total: 5 · Average4.24.83,567.64,847.8$3.85M$3.85M$1,073.6—112.2
Median3,419$3.95M$3.95M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.