10961 Venice Blvd Los Angeles, CA 90034
Palms NeighborhoodEstimated payment $21,828/month
Highlights
- City Lights View
- 0.28 Acre Lot
- Bike Trail
- Palms Middle School Rated A-
- No HOA
About This Lot
10961–10967 W. Venice Boulevard is a prime West Los Angeles development opportunity located in the Palms neighborhood (90034). Situated on two contiguous parcels totaling 12,208 square feet, the property occupies a corner lot zoned C2-1 with frontage, side, and alley access. The lot measures approximately 110 feet by 111 feet and is currently improved with an auto body shop, smog shop, four residential units, and two billboards. Both parcels are to be sold together. The site offers excellent development potential with multiple options: (1) Market Rate — up to 32 units with a FAR of 18,132 square feet; (2) TOC Tier 3 with a 70% Density Bonus — up to 57 mixed-income units with a FAR of 45,780 square feet; and (3) 100% TOC — up to 60 mixed-income units with a FAR of 51,884 square feet. The property may qualify as an ED-1 eligible site, allowing for 100% affordable housing development. Ideally located near major Westside employment and tech hubs, including Amazon, Fox, Sony, Apple, HBO, and 500+ Silicon Beach companies, the property offers easy access to dining, shopping, and entertainment such as the Culver City Arts District, Westfield Century City, and Runway Playa Vista, with convenient connectivity via the Palms Expo Line Station and the 10 and 405 freeways. With its favorable zoning, strong fundamentals, and strategic location, 10961–10967 W. Venice Boulevard represents an exceptional development opportunity in one of West LA’s most dynamic neighborhoods.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02145409 Listed on: 12/15/2025
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02035763
Property Details
Property Type
- Land
Lot Details
- 0.28 Acre Lot
- Density is up to 1 Unit/Acre
- 4252014020
Additional Features
- City Lights Views
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 184
- Tax Tract Number 5848
- Assessor Parcel Number 4252014019
- $600 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,444 | $752,289 | $552,219 | $200,070 |
| 2024 | $9,444 | $737,540 | $541,392 | $196,148 |
| 2023 | $4,696 | $341,557 | $272,909 | $68,648 |
| 2022 | $4,500 | $334,860 | $267,558 | $67,302 |
| 2021 | $4,428 | $328,295 | $262,312 | $65,983 |
| 2020 | $4,466 | $324,930 | $259,623 | $65,307 |
| 2019 | $4,308 | $318,560 | $254,533 | $64,027 |
| 2018 | $4,211 | $312,315 | $249,543 | $62,772 |
| 2016 | $4,006 | $300,189 | $239,853 | $60,336 |
| 2015 | $3,953 | $295,681 | $236,251 | $59,430 |
| 2014 | $3,994 | $289,890 | $231,624 | $58,266 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | For Sale | $4,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | $10,000 | -- | |
| Quit Claim Deed | $10,000 | Progressive Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25275084
APN: 4252-014-019
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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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