1169 Palms Blvd Venice, CA 90291

$--

7 Beds
7 Baths
3,864 Sq.Ft.

Off Market

Map preview of 1169 Palms Blvd, Venice, CA 90291

Property Overview: 1169 Palms Blvd Venice, CA has 7 bedrooms, 7 bathrooms, 3,864 living square feet and 11,107 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1169 Palms Blvd is currently an off market home in the city of Venice. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Venice has a median list price of $2,450,000. The median price per/sqft for Venice is $1,225. With those numbers in mind, if you are looking to purchase a median priced home in Venice, CA and put 20% down you will need to save up $490,000 for the down payment and will need roughly $49,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Venice the commission could be as much as $94,700. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1169 Palms Blvd

Last sold on March 5th, 2020

August, 2024
Aug 13, 2024

Date

Expired

CRMLS: 24355837

$12,600,000

Price
Feb 15, 2024

Date

Active

CRMLS: 24355837

$12,600,000

Price
Listing provided courtesy of CRMLS

LISTING WITHDRAWN. UNITS BEING SOLD INDIVIDUALLY. DO NOT CONTACT OWNERS. Welcome to The Penmar Palms - a collection of seven stunning architectural courtyard residences that take California living to new heights in Venice, architectural design by Julie Hart. Each two-story home reimagines the Venice bungalow with Nordic and American design influences combined with high-end features and carefully curated materials. Upon entering, you are greeted by a skylit living area awash with natural light and complemented by European Oak floors throughout. Culinary creations await in the chef's kitchen with Wolf and Sub-Zero appliances at the ready, while a powder room adorned with Kelly Wearstler tile connects conveniently to the kitchen. The second story welcomes you with a vaulted ceiling bedroom and a bespoke bathroom with flamed granite floors, skylit marble shower and Toto Neorest toilet. Select units include Kohler soaking tubs with digital valves and Carrara marble counters. Comfort, security and entertainment are a touch away with Control4 home automation systems. Select units feature an integrated suite of audio/visual equipment. An idyllic garden courtyard connects the homes with California native pollinator plants, fountains and benches. Included is a ~189 SF detached flex space with 18 ft ceilings, two skylights and soundproofed common walls; offering potential as an office, creative studio/workshop or dedicated garage wired for EV charging. Minutes away from the vibrancy of Abbot Kinney and Venice Beach, these meticulously crafted homes offer a peak living experience in one of Southern California's most sought after locales.

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March, 2020
Mar 5, 2020

Date

Sold (Public Records)

Public Records

--

Price
March, 2020
Mar 2, 2020

Date

Sold (Public Records)

Public Records

$580,000

Price
June, 2015
Jun 27, 2015

Date

Price Change

CRMLS: 15918317

$2,275,000

Price
Listing provided courtesy of CRMLS

7 1930's bungalows with courtyard. All units have 1 bd 1 ba. 7 garages. Corner lot. Prime location. Golden opportunity to invest/develop. 4 garages are currently being occupied by owners and will be delivered vacant. Unit addresses 1809, 1805 & 1801 each have a garage. 1813, 1817, 1821 & 1169 park on the street.

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Tax History for 1169 Palms Blvd

Assessed Value (2020): $2,597,836

Year	Land Value	Improved Value	Assessed Value
2020	$2,164,864	$432,972	$2,597,836

About 1169 Palms Blvd

Detailed summary of property

1169 Palms Blvd is categorized with a use code of Apartment House (5+ Units) in Venice, CA 90291 and is currently off market. This property has 7 bedrooms, 7 bathrooms, roughly 3,864 living square feet, and sits on an approximately 11,107 square foot lot. Homes in Venice are selling for a median price of $1,894,000 and a median price per square foot of $1,377. Local nearby listings include 2457 Walgrove Ave, 3624 Beethoven St and 12731 Woodgreen St. The average home in Venice, CA is selling in 118 days. There are currently 175 homes for sale in the Venice real estate market and 151 of them are single family homes while 17 of them are condos and 7 are townhomes. If you are the homeowner and looking to sell the home at 1169 Palms Blvd Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 1169 Palms Blvd

Public county record property details

Beds: 7
Baths: 7
Year built: 1937
Sq. Ft.: 3,864
Lot Size: 11,107
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 46
APN: 4243-002-065

The source for these homes facts are from public records.

90291 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,495,000

Median List Price/Sq.Ft.

$1,228

Median Sold Price

$1,894,000

Median Sold Price/Sq.Ft.

$1,377

Total Inventory

175

Median Sale to List Price %

99.68%

Avg Days on Market

Loan Type

Conventional (5%), FHA (0%), VA (0%), Cash (5%), Other (30%)

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(714) 706-1823

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