Seller's Agent in 2025
Sevan Petrossian
Pinnacle Estate Properties
(818) 993-7370
2 in this area
82 Total Sales
1024 Palms Blvd Venice, CA 90291
Venice Neighborhood
5
Beds
2
Baths
1,946
Sq Ft
6,063
Sq Ft Lot
Highlights
- Private Yard
- No HOA
- Central Heating and Cooling System
- Venice High School Rated A
- Laundry Room
- Bike Trail
About This Home
As of April 2025Located in the heart of Venice, this property sits on a generous sized lot amidst the beautiful coastal scenery, just minutes from the world famous Venice Beach Boardwalk, Venice Canals, Abbot Kinney Blvd, Penmar Golf Course and LAX.
It’s vibrant and dynamic beach lifestyle includes trendy coffee shops, boutiques, popular attractions, cultural hotspots and restaurants.
Whether you're an investor/developer seeking a profitable venture to build an Architectural Dream House in this super hot Venice Beach market or a homeowner seeking a retreat to call your own, this property is an opportunity that cannot be missed.
With almost 2000 sq. ft. of living space on a 6,061 sq. ft lot. this 5 Bedroom/ 2 Bathroom home has endless possibilities. The large backyard is ideal for entertaining with great ADU potential, given the detached garage and accessible entrance.
Nestled on a gorgeous street filled with uniquely charactered new constructions, this loving home has been in the same family for over 50 years and is now ready for the right, new owner. Don't miss out on this amazing investment opportunity. It won’t last long.
DO NOT WALK ON PROPERTY AND DO NOT DISTURB OCCUPANTS IN ANY MANNER.
Last Agent to Sell the Property
Pinnacle Estate Properties Brokerage Phone: 818-521-7309 License #01989049 Listed on: 01/24/2025
Last Buyer's Agent
Pinnacle Estate Properties Brokerage Phone: 818-521-7309 License #01989049 Listed on: 01/24/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1924
Lot Details
- 6,063 Sq Ft Lot
- Private Yard
- Density is up to 1 Unit/Acre
- Property is zoned LAR1
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,946 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Venice High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 6039
- Assessor Parcel Number 4242011030
- $355 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2025
Closed on
Feb 5, 2025
Sold by
Aguilar Family Wealth Trust and Sanchez Family Wealth Trust
Bought by
Sterry Trevor
Seller's Agent
Sevan Petrossian
Pinnacle Estate Properties
Buyer's Agent
Sevan Petrossian
Pinnacle Estate Properties
List Price
$1,650,000
Sold Price
$1,650,000
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,728
Avg. Annual Appreciation
18.58%
Original Mortgage
$1,320,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2012
Sold by
Aguilar Edmundo H and Aguilar Juana G
Bought by
Aguilar Juanita Gonzalez and Aguilar Family Wealth Trust
Purchase Details
Closed on
Feb 10, 2012
Sold by
Sanchez Maria G
Bought by
Sanchez Maria Gonzalez and Sanchez Family Wealth Trust
Purchase Details
Closed on
Jul 5, 1995
Sold by
Sanchez Maria G
Bought by
Aguilar Edmundo H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7.62%
Purchase Details
Closed on
Jan 27, 1995
Sold by
Aguiar Raul and Aguiar Gloria
Bought by
Sanchez Maria G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,650,000 | Priority Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Southland Title Corporation | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,320,000 | New Conventional | |
| Previous Owner | $159,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Sold | $1,650,000 | 0.0% | $848 / Sq Ft |
| 01/30/2025 01/30/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | For Sale | $1,650,000 | -- | $848 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,019 | $1,220,704 | $1,060,888 | $159,816 |
| 2024 | $6,019 | $479,465 | $348,233 | $131,232 |
| 2023 | $5,909 | $470,064 | $341,405 | $128,659 |
| 2022 | $5,643 | $460,848 | $334,711 | $126,137 |
| 2021 | $5,563 | $451,813 | $328,149 | $123,664 |
| 2020 | $5,616 | $447,181 | $324,785 | $122,396 |
| 2019 | $5,399 | $438,414 | $318,417 | $119,997 |
| 2018 | $5,293 | $429,819 | $312,174 | $117,645 |
| 2016 | $5,048 | $413,130 | $300,052 | $113,078 |
| 2015 | $4,974 | $406,925 | $295,545 | $111,380 |
| 2014 | $4,997 | $398,955 | $289,756 | $109,199 |
Source: Public Records
Agents Affiliated with this Home
-
Sevan Petrossian
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25017374
APN: 4242-011-030
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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