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1348 Palms Boulevard Venice, CA $ 2,400,000
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$ 2,400,000 Get more info
1348 Palms Boulevard
$ 2,400,000
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1348 Palms Boulevard

Venice, CA, 90291
$ 2,400,000
Bedrooms6 Baths2.0 Sq 2,252

Monthly Estimate*

$ 16,765

Listed by eXp Realty of California Inc
1348 Palms Boulevard, Venice, CA 90291 - Image 1
1348 Palms Boulevard, Venice, CA 90291 - Image 2
1348 Palms Boulevard, Venice, CA 90291 - Image 3
1348 Palms Boulevard, Venice, CA 90291 - Image 4
1348 Palms Boulevard, Venice, CA 90291 - Image 5
1348 Palms Boulevard, Venice, CA 90291 - Image 6
1348 Palms Boulevard, Venice, CA 90291 - Image 7

Multi-Family Home for sale in Venice, CA

for $2,400,000 with 6 bedrooms and 2 full baths. This 2,252 square foot home was built in 1947 on a lot size of 0.25.

This is a fabulous opportunity to build your custom home in prime east Venice where the lots average over 10,000 square feet. Newer built homes in this popular neighborhood consistently sell over $5M with a high sale in $7.5M in April 2023. The property is located between Glyndon and Walgrove Ave. The property is currently Two Houses on the lot with tenants generating $6,621per month. The sellers have initiated the Ellis Act in order to relocate the tenants. However, the tenants may be amendable to an early voluntary buyout. It will NOT be delivered vacant. The lot measures 174 x 63 and it is zoned LAR1. There is alley access in the rear. Property is subject to L.A. RSO. There are no existing plans or entitlements currently on this property. This property could also be good for a rehab and turning the detached 2 car garage into an ADU. Call agent for more information. Please do not walk on property. Main photo is an AI rendering and not representative of what can be built on the lot.

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Multi-Family Active

Price

$ 2,400,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.25

Year Built

1947

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

23323325

Days on Market

193
Features
General
Sewer SewerTapPaid
Heating WallFurnace
Cooling None
Possession CloseOfEscrow
Zoning LAR1
Garage Spaces 2.0
Pool Features None
Year Built 1947
Tenant Pays CableTV Electricity Gas
View None
Stories 1
Levels One
Gross Income 79452.0
County Los Angeles
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Facing Direction North
Garage Y/N Y
Special Listing Conditions Standard
Status ActiveUnderContract
Buyer Financing Cash
Directions Located midway between Walgrove and Glyndon Ave
City Venice
Disclosures RentControl
View Y/N N
Senior Community Y/N N
Total Units 2
MLS Area C11 - Venice
Lot Size Square Feet 10889.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Palms
Listing Terms Cash
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 64
Standard Status ActiveUnderContract
Occupancy Description Tenant
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Exterior
Parking Features None
Lot Features ValueInLand
Total Parking 0.0
Lot Size Area 10889.0
Number of Buildings 2
Spa N
Building Area Total 2252.0
Lot Dimensions 63x174
Lot Size Acres 0.25
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 0
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Boulevard
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 2
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Internal Only
Street Number 1 1348
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* Excluded Features
List By
Exp Realty Of California Inc

Broker

(424) 240-9319

Phone

Affordability Calculator

$16,765
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,765
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/20/2023$2,400,000 Listed Price

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1348 Palms Boulevard, Venice, CA, 90291 is a Multi-Family Home for sale at $2,400,000 with 2,252 sqft and a lot size of 0.25. 1348 Palms Boulevard has 6 bedrooms, 2.0 baths, and was built in 1947. The property's zip code is 90291 which is in Venice, CA

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