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Rare land and development opportunity in the heart of Venice's highly coveted Penmar neighborhood. Set on an expansive 10,898-square-foot parcel, 1365 and 1365 1/2 Palms represent a unique opportunity for developers, investors, and end-users to unlock its full potential. The site is currently improved with a 3 bedroom/2 bath front house and a separate 2 bedroom/2 bathroom permitted residence over the detached garage. Each dwelling unit has private washer/dryer and HVAC. Whether envisioned as a custom estate, a family compound, or a thoughtfully designed residential development, the property's scale and location make it an exceptional offering. The Penmar enclave delivers close proximity to the beach, Marina del Rey, Culver City, Silicon Beach, and the renowned restaurants, cafes, and boutiques that define the Venice lifestyle. Broker, Broker's agent(s), and seller do not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools, and/or other information concerning the conditions, features or potential development of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspections and with appropriate professionals.
Property Type(s):
Single Family
| Last Updated | 8/18/2026 | Year Built | 1940 |
|---|---|---|---|
| Community | C11 - Venice | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Washer |
| AREA | C11 - Venice |
| FIREPLACE | Yes |
| HEAT | Central |
| LOT | 0.2502 acre(s) |
| LOT DIMENSIONS | 63x174 |
| POOL DESCRIPTION | None |
| STORIES | Split/Multi Level |
| VIEW DESCRIPTION | None |
Location
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Listed with Sotheby's International Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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