Listed by: Sevan Petrossian, Pinnacle Estate Properties
$1,650,000
●
House -
Off Market
1024 Palms Boulevard
Venice, CA 90291
5 Beds
2 Baths
1,946 Ft²
$8,102
Est. Monthly
About This Property
Located 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.
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.
Unit Size
1,946 Ft²
Days on Market
70 days
Land Size
0.14 acres
Price per sqft
$848
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (CRMLS #SR25017374)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | Listed by Pinnacle Estate Properties | $1,650,000 | |
| Listed by Pinnacle Estate Properties | |||
Property Highlights
Air Conditioning
Fireplace
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About West Los Angeles
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sevan Petrossian, Pinnacle Estate Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR25017374
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR25017374
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. 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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017