Back 1233 Palms Boulevard
Off Market

1233 Palms Boulevard

Los Angeles CA 90291

2
3
2
1505 sq. ft.
10896 sq. ft.
Single-Family
Last sold for $2,715,000
David LukanDavid Lukan, last sold this property on 30 December 2025 after 92 days on market.

Overview

1233 Palms is a one of a kind magical artist compound and an extraordinary investment opportunity in one of Venice's most sought-after neighborhoods. This nearly 11,000-square-foot lot offers a rare chance to create a signature private estate or explore multi-phase redevelopment in a high-demand Westside market surrounded by newly built multi-million-dollar homes. The property currently consists of three structures. The main residence includes 2 bedrooms, 2.5 bathrooms, a den, and a rooftop observation deck, complemented by Japanese-inspired gardens. The second structure, designed by award-winning AIA architect Steven Ehrlich, provides a dramatic art studio/gallery space with soaring ceilings and abundant natural light. The third structure, also a studio, offers additional flexible square footage. The lot measures approximately 174 feet by 63 feet and is zoned LAR1, with alley access and no existing plans or entitlements, an ideal blank canvas for investors, developers, or end-users seeking to maximize value in a premier location. Large-scale lots of this size and zoning are increasingly scarce in Venice, making this a compelling opportunity to secure a generational asset with significant upside potential.

Features

2 bedrooms
3 bathrooms
2 carspaces
1505 sq. ft. floor area
10896 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Los Angeles over the last 12 months, the estimated median property value of 1233 Palms Boulevard is $1.78m.

Median value
$1.78m
Estimated value range
$6.85k - $3.1m
Median days on market
24
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1233 Palms Boulevard

2025
Sold
$2,715,000
30 Dec 2025 by David Lukan, of Compass

Happy sellers in Los Angeles

60%
60% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Los Angeles over the last 12 months.

Local market activity for 2 bedroom single-family properties in Los Angeles

In the last 12 months, 45 two-bedroom single-family properties similar to 1233 Palms Boulevard, have been sold.

This represents a 25% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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