$3,295,000
$180K PRICE DROP

Estimated payment $19,619/month

Total Views 1,564
5 Beds
5 Baths
3,537 Sq Ft
$932 Price per Sq Ft

Highlights

  • Marina View
  • Art Studio
  • Gourmet Kitchen
  • Detached Guest House
  • Rooftop Deck
  • Midcentury Modern Architecture

About This Home

Welcome to 1076 Palms Boulevard, a rare Venice compound in the highly-sought-after East of Lincoln neighborhood combining exceptional architecture with substantial income potential. Designed and reimagined by acclaimed Venice firm DU Architects, the property includes a beautifully designed Mid-Century-inspired primary residence and a versatile rear ADU, offering approximately 3,537 square feet across the two homes and the studio, 5 bedrooms, 4.5 bathrooms, and a documented long-term rental history of approximately $20,000 per month ($10,000 per home). The 2,200-square-foot main residence features three bedrooms, two bathrooms, soaring 12-foot ceilings, a dramatic sunken living room, expansive custom windows, and seamless indoor-outdoor living. Clean lines, abundant natural light, and timeless Mid-Century design create a home that is both sophisticated and inviting. At the rear, the approximately 800-square-foot ADU is configured as two separate spaces: an upper-level two-bedroom, two-bath apartment with sweeping views across Venice to the Santa Monica Mountains, plus an approximately 500-square-foot ground-floor permitted bonus room with its own separate amenities. An attached one-car garage is accessible from the studio or an exterior pedestrian door. Atop the ADU you'll find the rooftop deck which is plumbed for water, gas, and electricity, and offers spectacular 360-degree views and endless entertaining potential. Just moments from Zinque, Superba, The Penmar, Bodega & Palms, Barry's Bootcamp, Teddy's Hot House, and Venice's renowned galleries, boutiques, and cafes, the property offers an exceptional walkable lifestyle. A rare opportunity to own a design-forward compound that seamlessly blends luxury living, proven income, and long-term flexibility in one of Venice's most sought-after neighborhoods.

Listing Agent

Matthew Freeman

Pardee Properties License #01330292 Listed on: 07/09/2026

Co-Listing Agent

Nicholas Small

Rodeo Realty- Brentwood License #02226296

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 6,064 Sq Ft Lot
  • Lot Dimensions are 40x151
  • North Facing Home
  • Fenced
  • Drip System Landscaping
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Property Views

  • Marina
  • Trees
  • Hills

Home Design

  • Midcentury Modern Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,537 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Recreation Room
  • Art Studio

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Oven
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Open Patio
  • Fire Pit
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Sewer in Street

Additional Features

  • Detached Guest House
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4242-012-020

Home Details

Home Type

Single Family

Year Built

Built in 1948 | Remodeled

Lot Details

6,064 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Significant Price Improvement
  • Entry Location: Main Level
  • Living Area: 3537
  • Lot Acreage: 0.1392
  • Lot Dimensions: 40x151
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit, Living Room
  • Flooring: Mixed, Hardwood, Tile
  • Appliances: Oven
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen
  • Laundry: In Closet
  • Total Bathrooms: 5.00
  • Equipment: Garbage Disposal, Freezer, Gas Dryer Hookup, Dishwasher, Dryer, Washer, Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 931.58
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: North
  • Construction: Stucco, Wood Siding
  • Other Features: High Ceilings (9 Feet+)
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Foundation Details: Slab, Raised
  • Guest House: Detached
  • Patio: Concrete Slab, Patio Open, Roof Top Deck, Porch - Front, Porch - Rear
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: Tree Top, Hills, Marina
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage Is Attached, Garage - 1 Car, Garage - 2 Car, Private, Door Opener
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central, Heat Pump(s)
  • Heating: Central, Forced Air, Heat Pump
  • Sewer: In Street
  • Water: Meter on Property

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System
  • Assessor Parcel Number: 4242-012-020
  • Lot Description: Curbs, Fenced, Front Yard, Back Yard
  • Lot Location: City
  • Lot Size Area: 6064

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $18,522 $1,519,579 $705,199 $814,380
2024 $18,291 $1,489,784 $691,372 $798,412
2023 $12,424 $1,006,143 $677,816 $328,327
2022 $11,851 $986,416 $664,526 $321,890
2021 $11,700 $967,076 $651,497 $315,579
2020 $11,819 $957,161 $644,817 $312,344
2019 $11,351 $938,394 $632,174 $306,220
2018 $11,255 $919,995 $619,779 $300,216
2016 $10,758 $884,272 $595,713 $288,559
2015 $10,601 $870,990 $586,765 $284,225
2014 $10,638 $853,930 $575,272 $278,658
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
08/06/2026 08/06/26 Price Changed $3,295,000 -5.2% $932 / Sq Ft
07/09/2026 07/09/26 For Sale $3,475,000 0.0% $982 / Sq Ft
03/28/2025 03/28/25 Rented $19,500 +69.6% --
03/13/2025 03/13/25 For Rent $11,500 -- --
Source: The MLS

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 Type Sale Price Title Company
Grant Deed -- Western Resources Title
Grant Deed -- Western Resources Title
Grant Deed -- Western Resources Title
Grant Deed -- Western Resources Title
Trustee Deed -- None Listed On Document
Grant Deed $620,000 Stewart Title Company
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 Loan Amount Loan Type
Open $775,000 Construction
Closed $600,700 New Conventional
Closed $500,000 New Conventional
Previous Owner $1,500,000 New Conventional
Previous Owner $1,375,000 Adjustable Rate Mortgage/ARM
Previous Owner $230,000 Credit Line Revolving
Previous Owner $892,500 Unknown
Previous Owner $496,000 Purchase Money Mortgage
Previous Owner $300,000 Unknown
Previous Owner $90,000 Credit Line Revolving
Previous Owner $275,000 Unknown
Previous Owner $110,000 Unknown
Previous Owner $60,000 Unknown
Source: Public Records

Source: The MLS

MLS Number: 26855707

The MLS

APN: 4242-012-020

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