$2,995,000
Original list price: $3,195,000
MLS: 26985607
Beds
5
Baths
5
Sq Ft
3,537
Lot
0.14 ac
Year Built
1948
MLS #
26985607
Days on Market
35
Listed
Sep 9, 2026
Description
Unbelievable value for this rare Venice architectural compound. Set on an expansive lot in the highly sought-after East of Lincoln neighborhood, this distinctive property was designed and reimagined by acclaimed Venice firm DU Architects and encompasses approximately 3,500 square feet across a sophisticated 3-bedroom primary residence and a versatile two-level rear ADU. The result is a rare opportunity to own a true two-home property that can accommodate elevated primary living, guests, extended family, creative space, or substantial rental income. The approximately 2,200-square-foot main residence is a striking Mid-Century-inspired home defined by clean architectural lines, abundant natural light, and a seamless connection to the outdoors. Soaring 12-foot ceilings, expansive custom windows, and a dramatic sunken living room create an exceptional sense of volume and light, while the three-bedroom, two-bath layout offers the comfort and privacy of a refined standalone residence. Behind the main house, the approximately 1,300-square-foot second structure provides an entirely separate living experience. The upper level is a beautifully appointed two-bedroom, two-bath residence with sweeping views extending across Venice to the Santa Monica Mountains. Below, a separate approximately 500-square-foot permitted bonus space offers additional flexibility with its own amenities and access. An attached one-car garage is accessible from the lower level or via a separate exterior pedestrian entrance. Above it all, a private rooftop deck captures spectacular 360-degree views and is fully plumbed for water, gas, and electricity creating an extraordinary setting for entertaining, dining, or simply taking in the Venice skyline and ocean breeze. Whether utilized as a primary residence with a substantial income-producing component, a multigenerational compound, a guest residence, or a combination of uses. Located walking-distance to Zinque, Superba, Barry's Bootcamp, The Penmar, Bodega & Palms, and the galleries, boutiques, restaurants, and cafes that define Venice. 1076 Palms is a Venice compound designed for the way people want to live now and the flexibility to evolve for whatever comes next.
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
$23,206
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $299,500 · Loan: $2,695,500
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $18,663
- Property tax (1.25%)
- $3,120
- Homeowners insurance
- $300
- Mortgage insurance
- $1,123
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 Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
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 $104,825 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
See Venice, CA 90291 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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