1384 Palms, Venice, CA 90291

Property Description

*Professional Photos Coming Soon* Rare opportunity to acquire a prime 7,100+ sq. ft. lot in one of Venices most desirable neighborhoods, east of Lincoln Boulevard. Whether youre 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 Venices 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 (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. Recent sales in the immediate area highlight the strength of the surrounding market. 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 some of Los Angeles most celebrated coffee shops. This section of the neighborhood is known *Professional Photos Coming Soon* Rare opportunity to acquire a prime 7,100+ sq. ft. lot in one of Venices most desirable neighborhoods, east of Lincoln Boulevard. Whether youre 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 Venices 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 (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. Recent sales in the immediate area highlight the strength of the surrounding market. 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 some of Los Angeles most celebrated coffee shops. 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 Southern Californias most iconic coastal communities, benefiting from continued investment, strong demand, and close proximity to Silicon Beach, Santa Monica, Culver City, and LAX. Whether your vision is to 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 one of Venices premier redevelopment opportunities.