Sold for $2,700,000 on 12/01/25
$2,700,000
1239 Palms Blvd, Venice, CA 90291
3beds
1,142sqft
Residential, Single Family Residence
Built in 1947
0.25 Acres Lot
$2,699,000 Zestimate®
$2,364/sqft
$7,009 Estimated rent
Home value
$2,699,000
$2.46M - $2.97M
$7,009/mo
Zestimate® history
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Owner options
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What's special
An extraordinary opportunity awaits in one of Venice's most sought-after enclaves, where quiet, tree-lined streets and architecturally significant residences define the landscape. Encompassing nearly 11,000 square feet, this expansive lot offers an increasingly rare chance to craft a private estate or reimagine the existing compound in a premier Westside location surrounded by newly built multi-million-dollar homes.The property currently hosts three distinct structures, each with its own character and potential. At the front, a charming 1940s residence offers three bedrooms, one bath, and lushly landscaped outdoor spaceincluding a classic kidney-shaped pooloffering immediate livability with timeless appeal. A detached two-car garage, now repurposed as an art studio, could easily be returned to its original use or transformed to suit modern needs. Anchoring the rear of the property is an impressive architectural structure by renowned AIA architect Steven Ehrlich. Designed as a working art studio and gallery, this voluminous space is defined by soaring ceilings, abundant skylights, and a striking sense of openness. It also includes a private guest studio with kitchenette and bathroom, a generous patio for outdoor entertaining, and extensive integrated storage that adds to the property's versatility.The lot itself measures approximately 174 feet by 63 feet and is zoned LAR1. With alley access and no existing plans or entitlements in place, the possibilities for redevelopment are as compelling as they are flexible.This is a rare opportunity to secure a large-scale lot in one of the Westside's most dynamic and design-forward neighborhoods.
Zillow last checked: 8 hours ago
Listing updated: December 01, 2025 at 05:11am
Listed by:
David Lukan DRE # 01873011 213-700-6515,
Compass 323-593-6999,
Chao Zhu DRE # 02180091 818-284-7560,
Compass
Bought with:
Brian Schames, DRE # 02012778
Compass
Source: CLAW,MLS#: 25594719
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: In Unit
Features
- Flooring: Wood
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,142
- Total interior livable area: 1,142 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: In Ground
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.25 Acres
- Dimensions: 63 x 174
Details
- Additional structures: Shed(s)
- Parcel number: 4244027007
- Zoning: LAR1
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Architectural
- Property subtype: Residential, Single Family Residence
Condition
- Year built: 1947
Community & neighborhood
Location
- Region: Venice
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Sold | $2,700,000-3.6%$2,364/sqft |
Source: | ||
| 9/19/2025 | Pending sale | $2,800,000$2,452/sqft |
Source: | ||
| 9/19/2025 | Listed for sale | $2,800,000+351.6%$2,452/sqft |
Source: | ||
| 1/22/2003 | Sold | $620,000$543/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,286 +1% | $1,082,782 +2% |
| 2024 | $13,149 +1.9% | $1,061,552 +2% |
| 2023 | $12,900 +4.8% | $1,040,738 +2% |
Find assessor info on the county website
Neighborhood: Venice
Nearby schools
GreatSchools rating
- 8/10Walgrove Avenue Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Mark Twain Middle School and World Languages MagnetGrades: 6-8Distance: 0.6 mi
- 8/10Venice Senior High SchoolGrades: 9-12Distance: 0.6 mi
Get a cash offer in 3 minutes
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Estimated market value
$2,699,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,699,000


