1
Map
$3,300,000
●
House -
Off Market
1016 Palms Boulevard
Venice, CA 90291
4 Beds
4 Baths,
1
Half Bath
$17,181
Est. Monthly
About This Property
Built and Designed by Bespoke Homes California, reach out to hear
about other opportunities.
Unit Size
-
Days on Market
85 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (CLAW #26834179)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| Jul 3, 2026 | Price Decreased |
$3,499,000
↓ $100K
(2.8%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by Compass | $3,599,000 | |
| Listed by Compass | |||
| Jun 12, 2025 | Listed | $4,195,000 | |
| Listed | |||
| | |||
|
Tucked behind gates and mature hedging, the Palms Farmhouse is an exquisite new construction offering a secure retreat in the heart of Venice. Set back from the street on a rare oversized 6,061 square foot lot with 4-bedrooms, 4.5-bathrooms, and 3,412 SF of living space, this under construction home designed and built by Bespoke Homes California has a transitional interior finish with a Venice modern take on a farmhouse. The main level features a great room with a custom fireplace and expansive sliding glass doors that open to an impressive backyard. The kitchen is the true centerpiece: generous in scale, with a statement island, custom cabinetry, and a passthrough window that connects directly to the outdoor bar. A large dining room sits just off of the kitchen and a main-level en-suite bedroom provides flexibility for guests or home office. Upstairs, vaulted ceilings in every bedroom and skylights elevate the sense of space. The primary suite features its own fireplace, walk-in closet, and spa-like en-suite bathroom. Two additional en suite bedrooms, large linen storage closet, and a separate laundry room complete the upper level. Outside enjoy a full outdoor kitchen, a large pergola-covered patio, and generous yard space with curated landscaping perfect for quiet evenings or lively gatherings. Secluded from the street with ample parking and a secure set-back presence, this designer-done home offers a true sense of retreat just moments from Abbot Kinney, the beach, and everything that makes Venice one of L.A.'s most sought-after communities. The property is expected to be completed October 2025. PHOTOS ARE RENDERINGS NOT REAL PHOTOS.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About West Los Angeles
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Listed by: Ryan Jancula, Compass
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 26834179
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 26834179
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