$3,295,000
Original list price: $3,475,000
MLS: 26855707
Beds
5
Baths
5
Sq Ft
3,537
Lot
0.14 ac
Year Built
1948
MLS #
26855707
Days on Market
52
Listed
Jul 9, 2026
Description
Welcome to 1076 Palms Boulevard, a rare Venice compound in the highly-sought-after East of Lincoln neighborhood combining exceptional architecture with substantial income potential. Designed and reimagined by acclaimed Venice firm DU Architects, the property includes a beautifully designed Mid-Century-inspired primary residence and a versatile rear ADU, offering approximately 3,537 square feet across the two homes and the studio, 5 bedrooms, 4.5 bathrooms, and a documented long-term rental history of approximately $20,000 per month ($10,000 per home). The 2,200-square-foot main residence features three bedrooms, two bathrooms, soaring 12-foot ceilings, a dramatic sunken living room, expansive custom windows, and seamless indoor-outdoor living. Clean lines, abundant natural light, and timeless Mid-Century design create a home that is both sophisticated and inviting. At the rear, the approximately 800-square-foot ADU is configured as two separate spaces: an upper-level two-bedroom, two-bath apartment with sweeping views across Venice to the Santa Monica Mountains, plus an approximately 500-square-foot ground-floor permitted bonus room with its own separate amenities. An attached one-car garage is accessible from the studio or an exterior pedestrian door. Atop the ADU you'll find the rooftop deck which is plumbed for water, gas, and electricity, and offers spectacular 360-degree views and endless entertaining potential. Just moments from Zinque, Superba, The Penmar, Bodega & Palms, Barry's Bootcamp, Teddy's Hot House, and Venice's renowned galleries, boutiques, and cafes, the property offers an exceptional walkable lifestyle. A rare opportunity to own a design-forward compound that seamlessly blends luxury living, proven income, and long-term flexibility in one of Venice's most sought-after neighborhoods.
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Matthew Freeman · Pardee Properties
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$24,025
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $329,500 · Loan: $2,965,500
Average 30-yr fixed rate 6.66% as of Aug 27, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $19,057
- Property tax (1.25%)
- $3,432
- Homeowners insurance
- $300
- Mortgage insurance
- $1,236
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 27, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 5.98%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Venice home with as little as 3.5% down using an FHA loan — roughly $115,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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