Welcome to 1076 Palms Boulevard - a rare architectural compound in one of Venice's most walkable and sought-after neighborhoods. Designed and reimagined by acclaimed Venice architectural firm DU Architects, the property features two architecturally significant mid-century inspired structures: a sophisticated three-bedroom primary residence and a beautifully executed two-story ADU positioned privately at the rear of the lot. The main residence spans approximately 2,300 square feet with three bedrooms and two bathrooms and embodies the principles of true mid-century modern design: clean lines, soaring ceilings, large custom windows, expansive light and volume, and a seamless indoor-outdoor connection. Thoughtfully conceived as a standalone luxury home, the residence delivers both warmth and functionality without compromise. At the rear of the property, the approximately 1,200-square-foot ADU offers complementary flexibility and income potential. The structure is configured as two separate units: the upper level holds a stunning two-bedroom, two-bath residence replete with windows overlooking the eclectic neighborhood and Santa Monica Mountains to the North. The ground level offers a generous studio (or possible sixth bedroom) with a full bath, along with a single-car garage. Above, a rooftop deck plumbed for water, gas, and electrical creates the opportunity for an elevated outdoor entertaining space with endless potential and a 360-degree vista to enjoy the horizon of Pacific Ocean sunsets. The property carries a strong and well-documented leasing history, generating approximately $20,000 per month in long-term rental income across the two homes (leasing history available upon request), offering a meaningful opportunity to offset ownership costs in one of the Westside's most competitive markets. Ideally situated walking distance to Venice hotspots Zinque, Superba, The Penmar, the just-opened Bodega & Palms, as well as the vibrant collection of galleries, boutiques, and creative spaces that define the Venice arts culture. The location delivers an unmatched lifestyle rooted in walkability and community. What truly distinguishes the offering is its long-term flexibility and development potential. Under SB9, a future owner may choose to explore the opportunity to subdivide the lot and eliminate parking requirements entirely, creating multiple pathways for use whether as a sophisticated owner-user compound, a multi-generational living arrangement, an investment property with substantial income, or a future development and resale opportunity. A compelling combination of architecture, income, lifestyle, and future optionality - all on a single lot in prime Venice.
Bedrooms
5
Bathrooms
5
Square Feet
3,537
Lot Size
6,064 sqft
Year Built
1948
Property Type
Single Family Residence
Days on Market
0
HOA Fee
N/A
Garage Total
1
MLS #
26855707
Interior Features
Breakfast Bar, Separate Formal Dining Room
Flooring
Tile, Wood
Appliances
Dishwasher, Disposal, Oven, Dryer, Washer
Laundry
Laundry Closet
Cooling
Central Air, Heat Pump
Heating
Central, Forced Air, Heat Pump
Total Parking Spaces
1
Garage Spaces
1
Attached Garage
Yes
Parking Features
Door Multi, Door Single, Garage, Garage Door Opener, Private
Patio & Porch
Concrete
Construction
Stucco, Wood Siding
Foundation
Raised, Slab
Direction Faced
North
Lot Features
Back Yard, Front Yard
Sewer
Other
$0
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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