Welcome to 1076 Palms Boulevard—a rare architectural compound in Venice's coveted East of Lincoln neighborhood. Designed and reimagined by acclaimed firm DU Architects, this property features two distinct, mid-century inspired structures on a single lot:
1. Main Residence: A light-filled 3-bedroom, 2-bathroom single-level home (~2,300 sq ft) featuring soaring 12-foot ceilings, a sunken living room, custom windows, and seamless indoor-outdoor flow.
2. Detached 2-Story ADU: Spanning ~1,200 sq ft, configured as an upper 2 BD / 2 BA unit with sweeping neighborhood views, and a ground-floor studio/art space with a full bath, kitchenette, and 1-car garage. Topped off with a private rooftop deck plumbed for gas/water/electric with 360-degree vistas.
INCOME & DEVELOPMENT POTENTIAL:
• Strong Leasing History: Generates approx. $20,000/month in long-term rental income across both structures.
• Future Optionality: Under SB9, potential exists to subdivide the lot and eliminate parking requirements, opening pathways for owner-users, multi-generational living, investment income, or future development/resale.
Prime location walking distance to Venice hotspots (Zinque, Superba, The Penmar, Bodega & Palms) and local galleries/boutiques.