1314 Palms Boulevard, Venice, California 90291, Venice, 90291 - 6 bed, 3 bath
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Venice, California 90291
Analysis of 1314 Palms Boulevard, Venice, California 90291 is currently available with a list price of $2,450,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Venice Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is explicitly marketed as a development opportunity, indicating that the existing 1922 structures are nearing the end of their functional life. The interior is significantly outdated, featuring a kitchen with 1980s-era oak cabinetry, white tile countertops, and a dated fluorescent drop-ceiling. While the hardwood floors in the living area appear maintained, the overall aesthetic, aged appliances, and the listing's emphasis on 'reimagining' or 'redevelopment' suggest that the home requires substantial rehabilitation or demolition to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10895, living area = 2496.
The expansive 10,895-square-foot lot is a rare find in Venice, providing developers and visionaries with significant flexibility to create a luxury private compound or multiple high-end residences.
Nestled in the highly coveted Penmar neighborhood, the property offers unbeatable proximity to Silicon Beach, trendy Venice dining, and the vibrant creative hubs of Mar Vista and Culver City.
Built in 1922, the existing structures likely require substantial capital investment for modernization or complete removal to realize the site's highest and best use.
The 'Call for Offers' deadline suggests a high-pressure bidding environment, which may limit a buyer's ability to negotiate terms or conduct exhaustive due diligence prior to the submission date.
Outstanding development opportunity in Venice Beach. Nestled in the highly coveted Penmar neighborhood, 1314 & 1316 Palms Blvd present an exciting and rare chance for developers, builders, and visionaries to bring a standout project to life. Set on an expansive 10,895-square-foot lot along a peaceful street, the property features two existing 3 BR structures with two detached garages ready to be reimagined, whether through renovation, redevelopment, or the creation of a stunning private family compound. The generous lot size offers incredible flexibility and promise, perfectly suited for a modern estate or multiple residences, in step with the area's beautifully developed homes. Penmar is celebrated for its warm, welcoming community feel and unbeatable location, just minutes from the beach, popular Venice dining and shopping, Mar Vista, Silicon Beach, Marina del Rey, and the vibrant creative scene of Culver City. With opportunities like this becoming increasingly limited, this is a chance to create something truly exceptional in one of L.A.'s most sought-after coastal neighborhoods. ***CALL FOR OFFERS BY 1pm on MARCH 31st. Seller will review all submitted offers at that time.***
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 92% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,496 | 1,830 | 67% |
| Lot Size | 10,895 | 4,251 | 95% |
| Price | $2.45M | $2.41M | 53% |
| Price per sq ft | $982 | $1.3K | 14% |
| Built year | 1922 | 1947 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 177 | 1% |
Mar 20, 2026
$2,450,000
Initial Listing