Seller's Agent in 2025
Sevan Petrossian
Pinnacle Estate Properties
(818) 993-7370
2 in this area
75 Total Sales
1024 Palms Blvd Venice, CA 90291
Venice NeighborhoodEstimated Value: $1,544,000 - $2,285,000
5
Beds
2
Baths
1,946
Sq Ft
$1,004/Sq Ft
Est. Value
Highlights
- Private Yard
- No HOA
- Bike Trail
- Venice High School Rated A
- Central Heating and Cooling System
- 1-Story Property
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 in unit
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2025
Closed on
Feb 5, 2025
Sold by
Bought by
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
$303,562
Avg. Annual Appreciation
14.98%
Original Mortgage
$1,320,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2012
Sold by
Bought by
Purchase Details
Closed on
Feb 10, 2012
Sold by
Bought by
Purchase Details
Closed on
Jul 5, 1995
Sold by
Bought by
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
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,650,000 | Priority Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Southland Title Corporation | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,320,000 | ||
| Previous Owner | $159,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $14,875 | $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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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