Seller's Agent in 2025
David Lukan
Compass
(213) 700-6515
2 in this area
51 Total Sales
Estimated Value: $2,550,536 - $2,730,000
1233 Palms is a one of a kind magical artist compound and an extraordinary investment opportunity in one of Venice's most sought-after neighborhoods. This nearly 11,000-square-foot lot offers a rare chance to create a signature private estate or explore multi-phase redevelopment in a high-demand Westside market surrounded by newly built multi-million-dollar homes. The property currently consists of three structures. The main residence includes 2 bedrooms, 2.5 bathrooms, a den, and a rooftop observation deck, complemented by Japanese-inspired gardens. The second structure, designed by award-winning AIA architect Steven Ehrlich, provides a dramatic art studio/gallery space with soaring ceilings and abundant natural light. The third structure, also a studio, offers additional flexible square footage. The lot measures approximately 174 feet by 63 feet and is zoned LAR1, with alley access and no existing plans or entitlements, an ideal blank canvas for investors, developers, or end-users seeking to maximize value in a premier location. Large-scale lots of this size and zoning are increasingly scarce in Venice, making this a compelling opportunity to secure a generational asset with significant upside potential.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Samy Mosher And Monroe Alvarez Living Trust | $2,715,000 | Fidelity National Title | |
| Moses Cedd | -- | None Available | |
| Moses Edward C | -- | None Available | |
| Moses Edward C | -- | None Available | |
| Moses Edward C | -- | Stewart Title | |
| Moses Edward C | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Samy Mosher And Monroe Alvarez Living Trust | $2,172,000 | |
| Previous Owner | Moses Edward C | $356,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2025 12/30/25 | Sold | $2,715,000 | -3.0% | $1,804 / Sq Ft |
| 10/17/2025 10/17/25 | Pending | -- | -- | -- |
| 09/29/2025 09/29/25 | For Sale | $2,800,000 | -- | $1,860 / Sq Ft |
| 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 | $4,648 | $366,758 | $170,600 | $196,158 |
| 2024 | $4,648 | $359,567 | $167,255 | $192,312 |
| 2023 | $4,566 | $352,518 | $163,976 | $188,542 |
| 2022 | $4,368 | $345,607 | $160,761 | $184,846 |
| 2021 | $4,306 | $338,831 | $157,609 | $181,222 |
| 2019 | $4,183 | $328,783 | $152,935 | $175,848 |
| 2018 | $4,049 | $322,337 | $149,937 | $172,400 |
| 2016 | $3,864 | $309,822 | $144,116 | $165,706 |
| 2015 | $3,809 | $305,169 | $141,952 | $163,217 |
| 2014 | $3,832 | $299,192 | $139,172 | $160,020 |
Seller's Agent in 2025
David Lukan
Compass
(213) 700-6515
2 in this area
51 Total Sales
C
Seller Co-Listing Agent in 2025
Chao Zhu
Compass
(818) 284-7560
2 in this area
20 Total Sales
Buyer's Agent in 2025
Elizabeth Sarvas
Christie's International Real Estate SoCal
(602) 321-8683
2 in this area
7 Total Sales
Source: The MLS
MLS Number: 25595143
APN: 4244-027-006
Ask me questions while you tour the home.