1076 Palms Blvd Venice, CA 90291 Open Sat 1PM-4PM
UPDATED: 07/10/2026 10:56 PM ON MARKET: 1 days on market
$3,475,000
5 Beds5 Baths3,537 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,537 sqft
Price per Sqft $982
MLS Listing ID 26855707
Style Contemporary
Bedrooms 5
Full Baths 4
Three Quarter Bath 1
HOA Y/N No
Year Built 1948
Lot Size 6,064 Sqft
Acres 0.1392
Property Sub-Type Single Family Residence
Property Description
Welcome to 1076 Palms Boulevard - a rare architectural compound in one of Venice's most walkable and sought-after neighborhoods. Designed and reimagined by acclaimed Venice architectural firm DU Architects, the property features two architecturally significant mid-century inspired structures: a sophisticated single-level, three-bedroom primary residence and a beautifully executed two-story ADU positioned privately at the rear of the lot. The main residence spans approximately 2,300 square feet with three bedrooms and two bathrooms and embodies the principles of true mid-century modern design: clean lines, soaring 12-foot ceilings, large custom windows, expansive light and volume, and a seamless indoor-outdoor connection. Thoughtfully conceived as a standalone luxury home, the residence delivers both warmth and functionality without compromise. At the rear of the property, the approximately 1,200-square-foot ADU offers complementary flexibility and income potential. The structure is configured as two separate units: the upper level holds a stunning two-bedroom, two-bath residence with separate living room and kitchen, replete with windows overlooking the eclectic neighborhood and Santa Monica Mountains to the North. The ground level offers a generous studio (or possible sixth bedroom) with a full bath, a kitchenette, along with a single-car garage. Above, a rooftop deck plumbed for water, gas, and electrical creates the opportunity for an elevated outdoor entertaining space with endless potential and a 360-degree vista to enjoy the horizon of Pacific Ocean sunsets. The property carries a strong and well-documented leasing history, generating approximately $20,000 per month in long-term rental income across the two homes (leasing history available upon request), offering a meaningful opportunity to offset ownership costs in one of the Westside's most competitive markets. Ideally situated walking distance to Venice hotspots Zinque, Superba, The Penmar, the just-opened Bodega & Palms, as well as the vibrant collection of galleries, boutiques, and creative spaces that define the Venice arts culture. The location delivers an unmatched lifestyle rooted in walkability and community. What truly distinguishes the offering is its long-term flexibility and development potential. Under SB9, a future owner may choose to explore the opportunity to subdivide the lot and eliminate parking requirements entirely, creating multiple pathways for use whether as a sophisticated owner-user compound, a multi-generational living arrangement, an investment property with substantial income, or a future development and resale opportunity. A compelling combination of architecture, income, lifestyle, and future optionality - all on a single lot in prime Venice.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Based on information from the Association of REALTORS®/Multiple Listing as of 07/10/2026 23:00. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from California Regional Multiply Listing Service, Inc. as of 2026 and/or other resource. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.