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818 Palms Boulevard, Venice, California 90291, Venice, 90291 - 4 bed, 3 bath

818 Palms Boulevard, Venice, California 90291 home-pic-0
ACTIVE$2,649,000
818 Palms Boulevard, Venice, California 90291
4Beds
3Baths
2,200Sqft
5,301Lot

Price Vs. Estimate

The estimated value ($2,589,574.81) is $59,425.19 (2%) lower than the list price ($2,649,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Venice Location: Situated in the heart of Venice Beach, just a short stroll from the vibrant Abbot Kinney, offering exceptional walkability and access to iconic neighborhood amenities.
Top Cons:
Age of Property & Potential for Older Systems: Built in 1923, despite updates, the property's age may imply underlying older infrastructure (e.g., plumbing, electrical) that could require future maintenance or upgrades not immediately apparent.

Compared to the nearby listings

Price:$2.65M vs avg $2.29M (+$358,000)70%
Size:2,200 sqft vs avg 1,832 sqft64%
Price/sqft:$1.2K vs avg $1.3K43%

More Insights

Built in 1923 (102 years old).
Condition: Despite being built in 1923, this property has undergone a recent and extensive renovation, as explicitly stated and visually confirmed by the images. The kitchen is a 'showstopper' with custom cabinetry, quartz countertops, designer lighting, and modern appliances (including a stylish retro SMEG refrigerator). Bathrooms are also newly updated with contemporary fixtures and tiling. Hardwood flooring is in excellent condition throughout, and light fixtures are modern. While the property lacks central air conditioning, this is a feature absence rather than a condition issue of existing systems. The overall quality, style, and features of the renovated spaces meet current high standards, indicating minimal physical depreciation and no deferred maintenance in the updated areas.
Year Built
1923
Close
-
List price
$2.65M
Original List price
$2.8M
Price/Sqft
$1,204
HOA
-
Days on market
-
Sold On
-
MLS number
25603429
Home ConditionExcellent
Features
View-

About this home

Welcome to your own private oasis in the heart of Venice Beach, featuring a beautifully updated main house and detached guest house just a short stroll from the buzzing energy of Abbot Kinney. This one-of-a-kind property blends timeless charm with stylish modern updatesperfect for those looking to live, work, and relax in one of LA's most iconic neighborhoods.The landscaped main house offers three bright bedrooms and two full bathrooms, plus a lofted bedroom accessed by a statement staircaseideal as a creative space, guest room, or home office. The newly renovated kitchen is a showstopper, with custom cabinetry, quartz countertops, and designer lighting that elevates the entire home.Enjoy ultimate privacy in the lush yard with mature landscaping, only one direct neighbor, and a peaceful court street on the other side. Original character details, including a vintage fireplace, add warmth and soul throughout.Tucked away in the back, the detached guest house with a full bathroom offers endless flexibilityguest suite, studio, or potential rental income. With alley access and private parking, this is Venice living at its absolute best.Don't miss this rare gemfull of personality, style, and prime walkability!

Price History

Date
Event
Price
06/28/22
Sold
$2,415,000
05/13/14
Sold
$1,800,000
Condition Rating
Excellent
Despite being built in 1923, this property has undergone a recent and extensive renovation, as explicitly stated and visually confirmed by the images. The kitchen is a 'showstopper' with custom cabinetry, quartz countertops, designer lighting, and modern appliances (including a stylish retro SMEG refrigerator). Bathrooms are also newly updated with contemporary fixtures and tiling. Hardwood flooring is in excellent condition throughout, and light fixtures are modern. While the property lacks central air conditioning, this is a feature absence rather than a condition issue of existing systems. The overall quality, style, and features of the renovated spaces meet current high standards, indicating minimal physical depreciation and no deferred maintenance in the updated areas.
Pros & Cons

Pros

Prime Venice Location: Situated in the heart of Venice Beach, just a short stroll from the vibrant Abbot Kinney, offering exceptional walkability and access to iconic neighborhood amenities.
Detached Guest House with Income Potential: Features a detached guest house with a full bathroom and alley access, providing versatile options for a guest suite, studio, home office, or potential rental income.
Modern Updates & Historic Charm: A beautifully updated main house with a newly renovated kitchen (custom cabinetry, quartz countertops, designer lighting) seamlessly blends stylish modern amenities with original character details like a vintage fireplace.
Private Outdoor Oasis & Parking: Enjoys ultimate privacy with a lush, maturely landscaped yard, only one direct neighbor, and a peaceful court street, complemented by valuable private parking and alley access.
Flexible Living Spaces: The main house includes a unique lofted bedroom accessed by a statement staircase, ideal for a creative space, additional guest room, or dedicated home office, enhancing the property's adaptability.

Cons

Age of Property & Potential for Older Systems: Built in 1923, despite updates, the property's age may imply underlying older infrastructure (e.g., plumbing, electrical) that could require future maintenance or upgrades not immediately apparent.
Multiple Price Reductions: The property has undergone two price reductions from its original list price, which could suggest initial overpricing or a slower market response, potentially impacting perceived value or future resale.
Lack of Central Air Conditioning: The description does not mention a cooling system, indicating a likely absence of central air conditioning, which could be a significant drawback for comfort during warmer months in Southern California.

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