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About the Listing 0299 - PWRENNAK,PWRENNAT
Rare opportunity to acquire a prime 7,100+ sq. ft. lot in one of Venice’s most desirable neighborhoods, east of Lincoln Boulevard. Whether you’re a developer seeking your next project, an investor looking to capitalize on the continued demand for luxury Westside homes, or an end user ready to create a custom dream residence, this property offers exceptional potential. The existing traditional residence offers a generous 1,897 square feet with 3 bedrooms and 2 bathrooms, providing an excellent canvas for an owner looking to renovate, reimagine, and personalize the home while enjoying one of Venice’s most sought-after locations. Surrounded by newly constructed luxury homes and extensive redevelopment, the site also presents an outstanding opportunity to build a stunning modern residence with an ADU, pool, and thoughtfully designed outdoor living spaces, or the potential to utilize SB9 by subdividing the lot into two parcels (buyer to verify all development potential with the city of Los Angeles). With luxury new construction continuing to command premium prices throughout the neighborhood, this property offers an attractive entry point with significant upside for those looking to maximize value. This desirable residential pocket delivers a quiet neighborhood feel, while just minutes from the beach, Abbot Kinney, Rose Avenue, Main Street Santa Monica, Marina Del Rey, Penmar Golf Course, top-rated dining, boutique shopping, fitness studios, and more. This section of the neighborhood is known for its larger residential lots, tree-lined streets, strong owner occupancy, and ongoing transformation through high-end custom home development. Venice continues to be one of SoCal's most iconic coastal communities, benefiting from continued investment, strong demand, and close proximity to Silicon Beach, Santa Monica, Culver City, and LAX. Whether you renovate and create your forever home or develop a signature luxury estate, opportunities like this on a generously sized lot in Venice are increasingly rare. Bring your architect, designer and vision, and unlock the full potential of this premier redevelopment opportunity.**PLEASE NOTE** LISTING PHOTOS INCLUDE THE EXISTING PROPERTY AND DIGITALLY ENHANCED CONCEPTUAL RENDERINGS SHOWCASING POTENTIAL REMODEL AND NEW CONSTRUCTION POSSIBILITIES. RENDERINGS ARE FOR VISUALIZATION PURPOSES ONLY FOR BUYERS TO SEE THE POTENTIAL. EXISTING HOME PHOTOS HAVE ALSO BEEN DIGITALLY DECLUTTERED WITH ITEMS/FURNITURE REMOVED
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Living Room,Primary Bedroom
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Back Yard,Front Yard,Rectangular Lot,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4242014018
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1384 Palms Venice, CA 90291
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