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Backup Offers

1348 Palms Blvd, Venice, CA, 90291

$2,400,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
2 Baths
2,252 SqFt
$1,066/SqFt
House
Schools Nearby

Location

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1348 Palms Blvd, Los Angeles$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Garage2 spaces
Year Built1947
HeatingWall Furnace
CoolingNone
ViewNone
MLS #23323325
Lot Size0.25 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1348 Palms Blvd

This is a fabulous opportunity to build your custom home in prime east Venice where the lots average over 10,000 square feet. Newer built homes in this popular neighborhood consistently sell over $5M with a high sale in $7.5M in April 2023. The property is located between Glyndon and Walgrove Ave. The property is currently Two Houses on the lot with tenants generating $6,621per month. The sellers have initiated the Ellis Act in order to relocate the tenants. However, the tenants may be amendable to an early voluntary buyout. It will NOT be delivered vacant. The lot measures 174 x 63 and it is zoned LAR1. There is alley access in the rear. Property is subject to L.A. RSO. There are no existing plans or entitlements currently on this property. This property could also be good for a rehab and turning the detached 2 car garage into an ADU. Call agent for more information. Please do not walk on property. Main photo is an AI rendering and not representative of what can be built on the lot.

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Stories: 0
  • Living Area: 2,252 SqFt

Listing Office:

  • Office Name: eXp Realty of California Inc
  • Office Phone: (888) 584-9427
  • Listing Agent: Derrick Ruiz

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Venice Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Mark Twain Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Walgrove Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Located midway between Walgrove and Glyndon Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000
  • Price Per SqFt: $1,066/SqFt

Tax Information:

  • Annual Amount: $7,550
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1348 Palms Blvd vs Los Angeles

198 DAYS ON ROCKET

+164 Days

$2,400,000

+$1.4M More

$1,066/SqFt

+$434 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $434/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23323325

Listing Office:

  • Office Name: eXp Realty of California Inc
  • Office Phone: (888) 584-9427
  • Listing Agent: Derrick Ruiz

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 7:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 19, 1989Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,550$605,025
2020$7,330$598,822
2019$7,213$587,081
2018$7,062$575,571
2017$7,062$564,286

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6642886
5
/10

  • Walgrove Avenue Elementary School

  • 1630 Walgrove Ave

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-6642887
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.33 miles

  • Public Magnet Grades KG-6

school-card-donut-6642888
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.73 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6642889
6
/10

  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 0.38 miles

  • Public Magnet Grades 6-8

school-card-donut-6642890
4
/10

  • Studio

  • 2211 W Avenue 30

  • 14.22 miles

  • Public District Grades 6-8

High School

school-card-donut-6642891
6
/10

  • Venice Senior High School

  • 13000 Venice Blvd

  • 0.53 miles

  • Public Magnet Grades 9-12

school-card-donut-6642892
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.35 miles

  • Public Magnet Grades 9-12

school-card-donut-6642893
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 13.97 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,500. The majority of Los Angeles, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1348 Palms Blvd

What is the listing price of this property?

The listing price of 1348 Palms Blvd property is $2,400,000.

What type of property is this?

The property 1348 Palms Blvd is a house located in Venice, California, 90291.

Is this property for sale now?

Accepting Backup Offers: 1348 Palms Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1348 Palms Blvd are:
Walgrove Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Mark Twain Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Venice Senior High School: GreatSchools Rating 6/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,550 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 19, 1989 for $155,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1348 Palms Blvd has 6 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1348 Palms Blvd is 2,252 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1348 Palms Blvd is 1947.

Rocket Homes›California›Los Angeles County›Los Angeles›90291›1348 Palms Blvd

This home is located at 1348 Palms Blvd in Venice, CA and zip code 90291 in the East of Lincoln neighborhood. This 2,252 square foot home, which was built in 1947, sits on a 0.25 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 20, 2023 and is currently priced at $2,400,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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